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Name | Symbol | Market | Type |
---|---|---|---|
GOLD | CCOM:GOLD | Currency.com | Future |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.73 | -0.03% | 2,646.52 | 2,646.37 | 2,646.67 | 2,651.78 | 2,645.46 | 2,646.89 | 0 | 03:25:10 |
AngloGold Ashanti Ltd. (AU), Africa's largest gold producer, Friday said it and Randgold Resources Ltd. (GOLD) now jointly control Moto Goldmines Ltd. (MGL.T).
MAIN FACTS:
- Further to an announcement Aug. 5, a plan of arrangement for a business combination between Moto and Randgold has become effective
- AngloGold has fully funded a payment to former Moto shareholders under a cash election of about $76.9 million and has paid about $171 million to Randgold
- Remaining existing liabilities of Moto will be settled in due course through the Moto joint venture between Randgold and AngloGold.
-By Johannesburg bureau, Dow Jones Newswires; +27 11 783 7848; robb.stewart@dowjones.com
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