Gold Fields, AngloGold JV in Ghana hits roadblock

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Gold Fields, AngloGold JV in Ghana hits roadblock
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Gold Fields and AngloGold Ashanti announced on Thursday that they have yet to make progress on their proposed joint venture in Ghana,, aiming to create Africa’s largest gold mine. Under the agreement, Gold Fields would hold a 60% stake, AngloGold Ashanti 30%, and the Ghanaian government 10%.

The parties said they have attempted to secure the required permits before Ghana’s national elections to be held in December.

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