# Gold Fields and AngloGold Ashanti form joint venture for Tarkwa and Iduapriem mines in Ghana

Gold Fields and AngloGold Ashanti agreed to combine their Tarkwa and Iduapriem mines in Ghana into a joint venture, creating Africa's largest gold mine. Gold Fields will own 60%, AngloGold 30%, and the Ghanaian government 10%. The joint venture is expected to produce an average 900,000 ounces annually over the first five years.

- Type: Partnership
- Announced: 2023-03-16
- Where: Tarkwa and Iduapriem, Ghana, Ghana
- Status: announced
- Capacity: 900,000 ounces per year (average first five years)
- Products: gold
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Gold Fields](https://endata.com/companies/24226.md) (partner)
- [AngloGold Ashanti](https://endata.com/companies/24899.md) (partner)

## Sources

- [mining.com](https://www.mining.com/web/gold-fields-anglogold-rule-out-merger-after-ghana-joint-venture-deal/), 2023-03-16: "The proposed joint venture would create the largest gold mine in Africa and one of the largest in the world."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.