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Loan Advanced - Contractor
 12 Months Ended
Dec. 31, 2021
Disclosure Loan Advanced Contractor [Abstract]  
Loans advanced - contractor LOAN ADVANCED – CONTRACTOR
Figures in millions unless otherwise stated20212020
Balance at beginning of the year68.4 — 
Loan advanced— 68.4 
Expected credit loss(41.1)— 
Total loan advanced to contractor1
27.3 68.4 
1Due to issues with fleet availability at both Tarkwa and Damang, an agreement was entered into between Gold Fields and Engineers and Planners (“E&P”) to provide financial assistance to E&P in order to procure new fleet. The loan amounts to US$68.4 million, bears interest at a market related interest rate and a portion is secured over the fleet purchased in 2020. At 31 December 2021, an expected credit loss provision of US$41.1 million was raised against the loan, resulting in a net balance of US$27.3 million.