AngloGold Ashanti Ltd. (AU), Africa's largest gold producer, Friday said it and Randgold Resources Ltd. (GOLD) now jointly control Moto Goldmines Ltd. (MGL.T).

MAIN FACTS:

- Further to an announcement Aug. 5, a plan of arrangement for a business combination between Moto and Randgold has become effective

- AngloGold has fully funded a payment to former Moto shareholders under a cash election of about $76.9 million and has paid about $171 million to Randgold

- Remaining existing liabilities of Moto will be settled in due course through the Moto joint venture between Randgold and AngloGold.

-By Johannesburg bureau, Dow Jones Newswires; +27 11 783 7848; robb.stewart@dowjones.com