Randgold, Newcrest sign agreement on Cote d'Ivoire project

Randgold Resources and Newcrest have signed an agreement to establish a joint venture for the exploration, development and mining of gold and other mineral resources in the south-east of Côte d'Ivoire.

The area covers the extension of some of the more prolific Ghanaian gold belts and associated structures, Randgold said in a statement.

Randgold will manage the exploration programme as well as any mines that it produces.