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Randgold signs joint venture for gold project in Congo

Published 2016-04-19, 12:06 p/m
© Reuters.  Randgold signs joint venture for gold project in Congo
RRS
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KINSHASA, April 19 (Reuters) - Randgold Resources RRS.L
has entered a joint venture in Democratic Republic of Congo with
a company controlled by Israeli billionaire Dan Gertler and a
state miner, the company announced in a statement on Tuesday.
The gold project in northeastern Congo with Moku Goldmines
AG, majority-owned by Gertler's Fleurette Group, and state miner
Sokimo could allow Randgold to acquire a minimum 51 percent
stake by funding and conducting exploration and completing a
prefeasibility study, the statement said.

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