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Gold Fields in $740m fight with Ghana president's brother
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Gold Fields in $740m fight with Ghana president's brother
GOLD Fields’s efforts to renew its mining licence for Tarkwa in Ghana, the group’s single largest mine, have been complicated by a $740m legal fight with its contractor, E&P (Engineers & Planning). E&P is also the contractor at the Damang mine which Gold Fields is this month transferring to the Ghanaian government in terms of new regulations. In this process, E&P is said to be the government’s frontrunner in taking over the asset. E&P is owned b…
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