
Audio By Carbonatix
Mining firm, Goldfields Ghana is holding on to its plan to invest over one billion dollars in the country over delays in securing a stability agreement.The stability agreement usually spells out rights and privileges enjoyed by a mining firm over a period of years. It is meant to protect their investments in the country.Currently only two mining firms - Anglo Gold Ashanti and Newmont - have a stability agreement with the state.Government earlier this year set up a committee to re-negotiate the agreement with the firms.But speaking to Joy Business after engaging stakeholders on their second quarter results, Vice President of Goldfields, Peet Van Schalkwyk says the uncertainty is badly affecting their operations.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Three UDS students remanded over alleged armed robbery
3 minutes -
Kudus Mohammed at risk of missing World Cup 2026 after fresh injury blow
6 minutes -
Minority urges cocoa farmers to resist pressure from galamseyers
7 minutes -
President Mahama applauds astronaut Christina Koch’s Ghana ties in Artemis II mission
9 minutes -
Ex-wife of Richard Nii Armah Quaye moves to Court of Appeal
10 minutes -
Insecurity: US orders non-emergency staff to leave embassy in Nigeria
11 minutes -
ASFC 2026: Ghana U15 girls set up Burkina Faso final after win over Zambia
15 minutes -
The passport question: Why Ghana must let its best abroad come home to serve
26 minutes -
We will be losing twice if these commodities expire at the port – CSOs Coordinator warns
34 minutes -
Setting up national champions to fail: the case of Ibrahim Mahama and E&P
35 minutes -
Rwanda’s capital embraces urban farming as development squeezes rare land
36 minutes -
Argentina passes bill loosening protection of its glaciers
37 minutes -
Sammi Awuku to question GMA in Parliament over vessel linked to alleged drug trafficking
50 minutes -
Trapped miner rescued from flooded Mexican tunnel after 14 days
58 minutes -
NPRA to prosecute employers over unpaid Tier 2 Pension contributions — Deputy CEO warns
1 hour