March 29, 2018 / 7:56 AM / 5 months ago

BRIEF-Gold Fields Says To Form JV in Ghana with Canada's Asanko Gold

March 29 (Reuters) - Gold Fields Ltd:

* ‍ENTERED INTO A DEFINITIVE AGREEMENT WITH ASANKO GOLD TO FORM A 50:50 INCORPORATED JOINT VENTURE​

* ‍AGM IS A MULTI-DEPOSIT COMPLEX, WITH TWO MAIN DEPOSITS, NKRAN AND ESAASE, AND NINE KNOWN SATELLITE DEPOSITS​

* ‍PURCHASE CONSIDERATION COMPRISES AN UPFRONT PAYMENT OF US$165M ON CLOSING OF TRANSACTION AND A DEFERRED PAYMENT OF US$20M​ Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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