Gold Fields Gets One-Year Extension at Damang Mine in Ghana
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Gold Fields Ltd. said it will be given a 12-month lease to continue operating the Damang mine in Ghana, after the government initially rejected its application to extend the rights.
The Johannesburg-listed firm will “take all reasonable steps” to restart open pit mining at Damang, which it halted in 2023, Gold Fields said in a statement on Thursday. The subsidiary that owns the asset will be allowed to resume the processing of surface stockpiles, it said.