Gold deposits at Moto were initially discovered in 1903 and mining began in 1905.
The colonial state recruited laborers from rural Africa to work in the mines.
This company operated as a private corporation starting in 1926 and survived the handover to independent Congolese rule in 1961, but was taken over by the Zairian state in 1967.
[2][3] Moto Goldmines Limited was a gold exploration and mining company with operations in the Kilo-Moto greenstone belt in Haut-Uele Province in the northeast of the Democratic Republic of the Congo.
Moto Goldmines was acquired by Randgold Resources in 2009,[4] which subsequently merged with Barrick Gold in December 2018.