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Stock impact report

Gold Fields and AngloGold Ashanti Provide an Update on the Proposed Joint Venture Between Gold Fields' Tarkwa Mine and AngloGold Ashanti's Iduapriem Mine in Ghana [Yahoo! Finance]

Gold Fields Limited American Depositary Shares (GFI) 
US:NYSE Investor Relations: goldfields.com/investors.php
Company Research Source: Yahoo! Finance
joint media release of 16 March 2023 in which the Parties announced that they had agreed key terms for a proposed joint venture between Gold Fields' Tarkwa Mine and AngloGold Ashanti's Iduapriem Mine in Ghana (the "Proposed Joint Venture"). Shareholders are also referred to subsequent updates provided by both companies on the Proposed Joint venture progress in their respective financial results publications since. Notwithstanding constructive engagement with the Government of Ghana since the announcement of the Proposed Joint Venture on 16 March 2023, the requisite approvals by the Government of Ghana for the Proposed Joint Venture have not yet been obtained. Gold Fields and AngloGold Ashanti have sought to secure the requisite approvals, which include approval of the Proposed Joint Venture by the Parliament of Ghana, ahead of the October 2024 Parliamentary recess before the Ghana national elections to be held in December 2024. The Parties continue to believe that a combination Show less Read more
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