Gold Fields Warns of Ghana License Risks Amid Profit Surge

South African mining giant Gold Fields reported an 81% increase in first-half profits driven by higher gold prices, but cautioned that uncertainty over mining lease renewals in Ghana could impact its valuation.

26 Aug, 01:45 — 26 Aug, 01:45

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myjoyonlineMixed3d ago

Gold Fields flags Ghana licence risk as half-year profit surges

Uncertainty over the renewal of Gold Fields' mining leases in Ghana is weighing on the company's valuation, its CEO said on Tuesday, ‌as the South African miner posted an 81% jump in half-year profit, driven by higher gold prices and output.

By Abubakar Ibrahim

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Gold Fields Warns of Ghana License Risks Amid Profit Surge

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Gold Fields flags Ghana licence risk as half-year profit surges

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