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AngloGold, Randgold up Moto stake

ANGLOGOLD Ashanti and Randgold Resources have signed a deal to jointly acquire a further 20% stake in the Moto gold project in the Democratic Republic of Congo for around $US113.6 million ($A125 million).

MiningNews.Net
AngloGold, Randgold up Moto stake

The agreement was signed with Congo's state-owned L'Office des Mines d'Or de Kilo-Moto with the acquisition to be funded equally by AngloGold and Randgold. AngloGold will fund its $56.8 million share...

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