2017 was a year during which Randgold made significant progress on its brownfields work, where strong results in particular at Loulo and Kibali continued to highlight the potential to replace our mining depletion for years to come. The company progressed the Massawa feasibility project in Senegal and expanded its greenfields work with new partnerships and with fieldwork starting on new projects in Mali, Côte d’Ivoire and DRC. Randgold’s landholding increased to 15 260km2 (2016: 14 000km2) of prospective Proterozoic and Archean greenstone belts, adding new targets to the base of the resource triangle.
With a total portfolio of 157 exploration targets, its focus continues to be the delivery of world-class projects which pass Randgold’s investment filters. Currently exploration is being carried out in the Birimian rocks of Eastern Senegal, Mali and Côte d’Ivoire, while in Central Africa teams are active across north eastern DRC. However, the company is constantly looking outside its traditional areas for new value-adding opportunities.