Going For Gold in Ghana
Going For Gold in Ghana A proposed joint venture between two mining majors could create one of the largest gold mines in the world, producing almost 900koz per year in its first five years. Gold Fields and AngloGold Ashanti have agreed to key terms for the proposed JV in Ghana between Gold Fields’ Tarkwa and AngloGold Ashanti’s neighbouring Iduapriem mines. The Tarkwa mine is 90% owned by Gold Fields, with the Government of Ghana holding 10%. The Iduapriem mine is wholly-owned by AngloGold Ashanti, with both mines located in the western region of Ghana. Gold Fields interim chief executive Martin Preece says...