• Without prejudice

    We all need to fight the ugly bigotry that’s made news recently, says Mandi Smallhorne.

  • Inside Labour

    The Davos extravaganza is slick PR and no UN-style institution, says Terry Bell.

  • 2015 Gadget preview

    Arthur Goldstuck presents gadgets to connect 2015 to the past and future.

Loading...
See More

Gold Fields troubled by Ghana tax hike

Dec 05 2011 10:05 Reuters

Company Data

GOLD FIELDS LIMITED [JSE:GFI]

Last traded 0
Change -2,03
% Change 0
Cumulative volume 1022305
Market cap 47.32bn

Last Updated: 26-01-2015 at 04:26. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

SA mining loses out despite tax regime

Tanzania not rushing new mining taxes

Namibian taxes may kill off mines

Australia's mining 'super tax' in doubt

Namibia backs down from 44% mining tax

Gold Fields Q3 earnings up sharply

 

Johannesburg - Gold Fields [JSE:GFI] chief executive Nick Holland said on Monday he was concerned about Ghana’s move to increase corporate taxes on the mining sector to 35% from 25%.

“It is a source of deep concern to us,” Holland said in a presentation to analysts.

In 2010 about 20% of the group’s production of around 3.5 million ounces came from Ghana and that percentage is rising as it has since bought out minority stakes in its operations there.

Gold Fields is the world’s fourth largest gold producer.

 
gold fields  |  mine tax

NEXT ON FIN24X

 

Latest Articles

15 Investment Tips for 2015 Read More...
Tax-free saving accounts are coming Read More...
Which generator is right for you? Read More...
5 top tips to help you save on your next grocery bill Read More...
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...