Randgold ends gold venture with Cradle Arc in Mali

May 9, 2018

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African gold miner Randgold has ended a joint venture agreement in Mali with junior explorer Cradle Arc, Cradle Arc said on Wednesday, adding it would seek a new partner.

Under the agreement begun in February 2016, Randgold held a 65% stake in the Kossanto West Gold Project licences, which will revert to Cradle Arc, now the 100% owner.

Category: General