Tuesday, Randgold Resources Ltd. (GOLD) announced the completion of the sale and purchase agreement, Kibali acquisition.
Earlier, Randgold together with AngloGold Ashanti Ltd. had entered into an agreement for the acquisition of a further 20% interest in Kibali Goldmines from L'Office des Mines d'Or de Kilo-Moto or OKIMO for an aggregate consideration of around US$113.6 million.
Randgold and AngloGold now together hold a 90% joint venture interest in Kibali Goldmines through Kibali Limited (45% attributable to Randgold) with OKIMO holding the remaining 10% interest.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.