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Randgold Signs Venture With Billionaire Gertler's Moku Goldmines

Randgold Resources Ltd. signed a joint-venture agreement with Moku Goldmines AG, controlled by Israeli billionaire Dan Gertler, to develop the Moku-Beverendi gold project in the Democratic Republic of Congo.

"We are excited about this partnership," Randgold Chief Executive Officer Mark Bristow told reporters on Tuesday in the capital, Kinshasa. Under the agreement Randgold can earn a minimum 51...