10:51 AM EDT, 05/06/2025 (MT Newswires) -- Anglogold Ashanti ( AU ) and Gold Fields have agreed to pause discussions on a proposed joint venture to combine their Iduapriem and Tarkwa gold mines in Ghana.

AngloGold Ashanti ( AU ) and Gold Fields proposed merging their adjacent mines in March 2023 and have since engaged in constructive talks with the Ghanaian government to secure approvals, Anglogold Ashanti ( AU ) said Tuesday.

During this period, AngloGold Ashanti ( AU ) identified enhancements to its standalone Iduapriem mine plan with potential for significant value, prompting both companies to pause joint venture talks and focus on optimizing their individual operations, the company said.

Shares of Anglogold Ashanti ( AU ) were up more than 2% in recent Tuesday trading.

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