Randgold meets with DRC govt on Kibali progress

African focused gold mining and exploration company Randgold Resources met with the Democratic of Congo (DRC) government on Tuesday to report on the latest steps taken towards the development of the Kibali gold project. The DRC government has a...

AngloGold Ashanti, Okimo to jointly develop DRC project

Gold-mining major AngloGold Ashanti has entered into a definitive joint-venture (JV) with l'Office des Mines d'Or de Kilo-Moto (Okimo) to develop the Ashanti Goldfields Kilo (AGK) project in the Democratic Republic of Congo (DRC) and the transfer...

AngloGold forms JV with Okimo to develop DRC project

Gold major AngloGold Ashanti has entered into a joint venture (JV) with l'Office des Mines d'Or de Kilo-Moto (Okimo) to develop the Ashanti Goldfields Kilo (AGK) project in the Democratic Republic of Congo (DRC). Under the venture, the companies...

Company Announcement: AngloGold Ashanti acquires further stake in Moto Gold

Attached please find a press release on: AngloGold Ashanti is pleased to announce that, together with Randgold Resources Limited, they have jointly entered into an agreement with OKIMO to purchase two-thirds of OKIMO's current 30% stake in the...

Mwana forms gold JV company with DRC’s Okimo

The Democratic Republic of Congo (DRC) Council of Ministers has approved London-listed Mwana Africa’s renegotiated contract with L’Office des Mines d’Or de Kilo-Moto (Okimo). The resources company told shareholders in a statement on...

Moto contract review talks end, govt to take 30% stake

TSX- and Aim-listed Moto Goldmines said on Wednesday that the Democratic Republic of Congo (DRC) has finished a review and renegotiation of its mining contract, and that the company will retain its 70% stake in the Moto gold project. A...

Drilling in DRC may yield high gold deposits

Pan-African resources company, Mwana Africa plc, reports positive results from its gold drilling programme in its Zani-Kodo joint venture with State-owned gold mining company Okimo, in the Democratic Republic of Congo (DRC) where it holds...

Mwana Africa gives update on DRC gold drilling activities

Diversified-miner Mwana Africa on Friday reported that initial diamond core drilling at its Zani-Kodo gold exploration project in the Democratic Republic of Congo (DRC), confirmed the presence of a continuous mineralised shear zone.

DRC mining conference draws closer

There are only four weeks before the inaugural IPAD Democratic Republic of Congo (DRC) mining event in Kinshasa, where companies such as AngloGold Ashanti, Gecamines, DEMCO, BHP, OKIMO, CTCPM, Emaxon, Mining Cadastre, Corstor will be taking part...

AngloGold Ashanti reviews DRC operations

A senior executive team from gold-miner AngloGold Ashanti recently conducted a review of the company's exploration activities in the Democratic Republic of the Congo (DRC).

DRC's Kilomoto to restart gold production

The Kilomoto gold mine in the Democratic Republic of Congo, forced to shut down when the region was engulfed by civil war, will resume production this month, the firm's head said on Wednesday.