Ghana directs Newmont (NEM), AngloGold, Zijin to shift mining ops to local firms by December, according to Reuters citing sources; failure to comply could result in fines and mine shutdowns

Ghana's directive for major mining firms to transfer operations to local entities by December represents a significant regulatory shift that could impact foreign investment and operational stability in the region. If non-compliance leads to fines and shutdowns, companies like Newmont may face disruptions that could affect their output and profitability, raising concerns among investors about the broader implications for the gold sector and related equities.