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Randgold Rejects Deal to Redevelop AngloGold's Ghanaian Mine

  • Plan for Obuasi doesn't meet Randgold's investment criteria
  • Randgold, AngloGold considered joint venture in west Africa

Randgold Resources Ltd. rejected a proposal to redevelop a Ghanaian gold mine with current owner AngloGold Ashanti Ltd., saying it doesn’t meet the company’s investment criteria.

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