Tag: Iduapriem
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Gold Fields, AngloGold rule out merger after Ghana joint-venture deal
Gold Fields (GFIJ.J) and AngloGold Ashanti (ANGJ.J) are not considering a full-scale merger after they agreed to combine their neighbouring Tarkwa and Iduapriem mines in Ghana to create Africa’s biggest gold mine, the two companies said on Thursday. Gold miners are increasingly looking to consolidate as they seek to replace depleting reserves and contain cost…