Tag: Damang mine
-
Gold Fields production drops by 4% in 2022
Production for Goldfields Ghana dropped by four percent to 838,000 ounces (koz) in 2022 from 871, 000 (koz) in 2021, mainly driven by decreased production at the Damang Mine due to completion of the Damang pit cutback as well as lower production at Asanko. The Company in a press release indicated that all-in costs across…
-
Gold Fields assessing possibility of $500m investment for its Damang Mine
Leading gold mining company Gold Fields Limited says it is assessing the possibility of reinvesting up to $500 million in its Damang mine in the coming years. This reinvestment is likely to materialize the company’s assessment of the mine’s viability and plans for reinvestment are approved by leadership of the company. At the moment Gold…