Updated
Updated · Bloomberg · May 8
Gold Fields dispute with Engineers & Planners moves to arbitration in Ghana
Updated
Updated · Bloomberg · May 8

Gold Fields dispute with Engineers & Planners moves to arbitration in Ghana

7 articles · Updated · Bloomberg · May 8
  • The Johannesburg-listed miner said the $740 million case has advanced after Engineers & Planners initiated proceedings, which Gold Fields confirmed by email.
  • The arbitration will be held in Ghana rather than before an international tribunal, marking the next stage in the companies' dispute over mining operations.
  • The case pits Gold Fields against a Ghanaian contractor in a high-value conflict that could affect their business relationship and the handling of mining contracts in the country.
Are foreign miners facing a new era of risk as African nations reclaim their resources?
As Ghana nationalizes its mines, is this a win for the country or a connected elite?
Is a president’s brother using new laws to fuel a $740 million mining dispute?