Kinshasa - Randgold Resources [JSE:RNG] has entered a joint venture in the 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, majority-owned by Gertler's Fleurette Group, and state miner Sokimo could allow Randgold to acquire a minimum 51% stake by funding and conducting exploration and completing a prefeasibility study, the statement said.