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Gold Fields in $60 Mln Loan Deal with Stanbic Ghana
Jun. 29, 2011 02:00PM PST
Precious Metals InvestingReuters Africa reported that Gold Fields (JNB:GFIJ) has established a $60 million loan from Stanbic Bank Ghana.
Reuters Africa reported that Gold Fields (JNB:GFIJ) has established a $60 million loan from Stanbic Bank Ghana.
The market news is quoted as saying:
“With this facility in place, Gold Fields operations in West Africa have fully matured and would no longer depend solely on shareholder loans for its working capital and future investments,” Peter Turner, executive vice president of Gold Field’s West Africa operations said.
