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Ghana eases Gold Fields' tax rate

The government of Ghana has agreed to lower the tax and royalty rate for Gold Fields, which operates two gold mines in the country.

Ghana eases Gold Fields' tax rate Ghana eases Gold Fields' tax rate Ghana eases Gold Fields' tax rate Ghana eases Gold Fields' tax rate Ghana eases Gold Fields' tax rate

Blast hole drilling at Tarkwa in Ghana

Under the development agreement signed between the company and government, the corporate tax rate falls from 35% to 32.5%, while a sliding scale method has been introduced to calculate royalties.