AngloGold Ashanti and Gold Fields Await Ghana JV Approval

Anglogold Ashanti PLC (AU) has released an update.

AngloGold Ashanti and Gold Fields are progressing with their proposed joint venture to combine the Tarkwa and Iduapriem mines in Ghana, aiming to enhance production and reduce costs. However, they are still awaiting necessary approvals from the Ghanaian government. The companies remain committed to the venture and are actively engaging with stakeholders to secure the needed permissions.

For further insights into AU stock, check out TipRanks’ Stock Analysis page.