Following gold miners Gold Fields and AngloGold Ashanti’s announcement last year that they intend to enter into a joint venture (JV) in Ghana, the companies have advised it has not yet received the required approvals by the government despite constructive engagement. The parties in March 2023 agreed on key terms for a proposed JV between Gold Fields’ Tarkwa mine and AngloGold’s Iduapriem mine, including to combine the two neighbouring mines into one single managed entity to extend the life of mine, increase production and lower costs.
