NCM newcrest mining limited

News: NCM Randgold and Newcrest to establish exploration JV in Ivory Coast

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    Nov 18 (Reuters) - Randgold Resources Ltd RRS.L :

    • Randgold Resources and Newcrest have signed a heads of agreement to establish a joint venture for exploration
    • Area covers extension of some of more prolific Ghanaian gold belts and associated structures
    • Randgold will manage exploration programme as well as any mines that it produces
    • Says joint venture board will oversee exploration programme and any consequent development projects in Côte d'Ivoire
 
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