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Ghana limits Damang mine bids to local firms
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Ghana limits Damang mine bids to local firms
GHANA has restricted the tender to find a new operator for the Damang gold mine — which Gold Fields is set to hand over to the government on April 18 — exclusively to companies that are fully owned by Ghanaian citizens, said Bloomberg News. The government declined to renew Gold Fields’ lease on the operation last year before granting a 12-month extension on condition that the South African miner facilitate a transfer of the asset to Ghanaian own…
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