LONDON, August 6 2003 (PRIMEZONE) -- David Ashworth has retired as a non-executive director of Randgold Resources (LSE:RRS) (Nasdaq:GOLD) in order to assist Randgold & Exploration with the development of new opportunities following that company's recent re-establishment as an active, empowerment-orientated mining corporation. Ashworth, a former financial director of Randgold Resources, retired last year but remained on the boards of Randgold & Exploration and Randgold Resources as a non-executive.
Randgold Resources chief executive Dr Mark Bristow said today Ashworth had played a key role in the establishment and development of that company, among other things arranging the finance for the Morila mine, and had continued to provide it with sage counsel as a non-executive director. "We'll miss his contribution and we wish him well with his new challenges at Randgold & Exploration," he said.
This information is provided by RNS.
The company news service from the London Stock Exchange.