Moto Gold Mines
Encyclopedia
Moto Goldmines Limited was a gold
exploration and mining
company with operations in the Kilo-Moto
greenstone belt in Ituri Province in the northeast of the Democratic Republic of the Congo. The company's stock
was listed on the Toronto Stock Exchange
and the London Stock Exchange
’s Alternative Investment Market
.
Moto Goldmines was acquired by Randgold Resources
in 2009.
Gold
Gold is a chemical element with the symbol Au and an atomic number of 79. Gold is a dense, soft, shiny, malleable and ductile metal. Pure gold has a bright yellow color and luster traditionally considered attractive, which it maintains without oxidizing in air or water. Chemically, gold is a...
exploration and mining
Mining
Mining is the extraction of valuable minerals or other geological materials from the earth, from an ore body, vein or seam. The term also includes the removal of soil. Materials recovered by mining include base metals, precious metals, iron, uranium, coal, diamonds, limestone, oil shale, rock...
company with operations in the Kilo-Moto
Kilo-Moto
Kilo-Moto is a region in the far northeast corner of the Democratic Republic of the Congo where gold was discovered in the Ituri River by government prospectors in 1903...
greenstone belt in Ituri Province in the northeast of the Democratic Republic of the Congo. The company's stock
Stock
The capital stock of a business entity represents the original capital paid into or invested in the business by its founders. It serves as a security for the creditors of a business since it cannot be withdrawn to the detriment of the creditors...
was listed on the Toronto Stock Exchange
Toronto Stock Exchange
Toronto Stock Exchange is the largest stock exchange in Canada, the third largest in North America and the seventh largest in the world by market capitalisation. Based in Canada's largest city, Toronto, it is owned by and operated as a subsidiary of the TMX Group for the trading of senior equities...
and the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
’s Alternative Investment Market
Alternative Investment Market
AIM is a sub-market of the London Stock Exchange, allowing smaller companies to float shares with a more flexible regulatory system than is applicable to the main market....
.
Moto Goldmines was acquired by Randgold Resources
Randgold Resources
Randgold Resources is a Jersey-based gold mining business operating mainly in Mali. It is listed on the London Stock Exchange and the NASDAQ stock exchange and is a constituent of the FTSE 100 Index.-History:...
in 2009.