Gold Fields sets its sights on Ghana: Gold Fields is using its South African base as the platform from which to grow globally. Its position in Ghana is typical explains Priscilla Ross.(Mining)

African Review of Business and Technology,  December, 2005  by Ross, Priscilla

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GHANAIAN GOLD MINING output continues to grow. With a production increase of 23 per cent the Tarkwa mine has become the largest gold producer in Ghana. Operating profit of U$129mn was 35 per cent higher in the financial year ending June 2005 compared to 2004.

Apart from the new mill project and the conversion to owner mining delivering results in excess of expectations, the heap leach operations continued the incremental growth seen in previous years, achieving record throughput. The effect of the global surge in commodity prices was felt during the second half of the financial ...

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