

AngloGold also has another mine in Ghana, Obuasi, in addition to Iduapriem.

Tarkwa produced 531,600 ounces in 2022 at AISC of $1,248 per ounce, while Iduapriem produced 248,000 ounces at a cost of $1,299 per ounce.Īpart from Tarkwa, Gold Fields has two other mines in Ghana, Damang and the 45%-owned Asanko. The combined operation's all-in sustaining costs (AISC), an industry measure, would be less than $1,000 per ounce for the first five years and less than $1,200 per ounce over the estimated life of mine. It will be a high-quality operation, supported by a substantial mineralĮndowment and an initial life spanning almost two decades," the companies said in a joint statement. "The proposed joint venture would create the largest gold mine in Africa and one of the largest in the world. The joint venture would produce an average 900,000 ounces annually over the first five years and 600,000 ounces over its estimated 18-year life of the mine, the companies said. Gold Fields and AngloGold would own 60% and 30% of the joint operation, respectively, with the Ghanaian government holding 10%, Calderon said. "I think it’s going to be asset-specific and opportunity-specific," Preece said. Gold Fields' Preece, who last month said the company was no longer pursuing big M&A deals after its failed bid for Canada's Yamana Gold (YRI.TO) said on the conference call "collaboration is easier". The South Africa-headquartered AngloGold and Gold Fields are among the five biggest gold producing companies by output in the world, with operations in Africa, Australia and South America.Ĭalderon has previously said AngloGold prefers internal growth to acquisitions. There’s no conversation or anything of that sort."Ĭalderon and Gold Fields interim CEO Martin Preece said on a conference call about their joint venture that they would explore other opportunities to maximise synergies where they arise. We’re not going to entertain any speculation on that (a merger). When asked by reporters if a merger was under consideration, AngloGold CEO Alberto Calderon said: "We are in similar places around the world, but for now this is the thing we are focused on. Last month, U.S.-based Newmont Corp (NEM.N), the world's top gold producer, bid $16.9 billion for Australia's Newcrest Mining (NCM.AX), triggering speculation of a new wave of mergers and acquisitions in the industry. Gold miners are increasingly looking to consolidate as they seek to replace depleting reserves and contain cost pressures.
#GOLD MINDIX SOFTWARE#
You have knowledge in software development.Otherwise, you will learn the Mendix Platform with a coach after you start.
#GOLD MINDIX CODE#
You have experience with a low code platform such as Mendix, OutSystems, Microsoft Power Platform or Simplifier.You actively shape the future of the Application Platforms team at Zühlke together with your colleagues.You ensure the high quality of the solutions implemented with your team and bring a strong sense of quality.In doing so, you will work closely with customers from different industries and support them on their digitalization journey. From understanding business requirements to going live. Working in a highly motivated, interdisciplinary team, you will take responsibility for the entire development lifecycle.You take responsibility in innovative customer projects and successfully implement mobile and web applications based on Mendix.
