Randgold, AngloGold bid $546-million for Moto Goldmines ,
African miners Randgold Resources Ltd and AngloGold Ashanti teamed up on Thursday to make a counterbid worth $546-million for Moto Goldmines , which owns a project in the Democratic Republic of Congo They said their cash-and-shares bid worth $500 per share is superior to a friendly all-share deal .
Moto Goldmines Limited (the Applicant) - application for a decision under the securities legislation of Ontario, Alberta, Saskatchewan, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia and Prince Edward Island (the Jurisdictions) that the Applicant is not a reporting issuer
The chief executive of Randgold Resources, the cash-rich African gold mining company, confirmed on Wednesday it is in discussions to acquire Moto Goldmines, a smaller player developing an enormous gold deposit in the Democratic Republic of Congo, in an all-share transaction
Moto Goldmines Limited-Appointment of New Directors
PERTH, WESTERN AUSTRALIA--(CCNMatthews - Aug 16, 2006) - Moto Goldmines Limited ("Moto")(TSX:MGL)(ASX:MOE)(AIM:MOE) is pleased to announce that, in conjunction with the advances made in respect of project feasibility at the Moto Gold Project, Mr Mark Arnesen and Mr Andrew Dinning have joined Moto's Board of ,
London, 16 October 2009 – AngloGold Ashanti and Randgold Resources has formally completed the takeover of Moto Goldmines with effect from today, AngloGold sa "In connection with the acquisition of this 50 percent joint venture interest in Moto, AngloGold Ashanti has fully funded the payment to .
Location Kilo Moto is a semi-continuous greenstone belt in the northeast of the DRC In the northern part, the Moto Goldmines project has an aggregate lease area of 1,841 square kilometres (711 sq mi), with most activity centered on a 35 square kilometres (14 sq mi) area around the old Durba gold mine