Gold Fields Ghana says nearly three-quarters of the value generated by the Tarkwa mine remains in Ghana, as it defended its record amid growing public debate over the renewal of its mining leases. In a statement on Monday, the company said recent media reports on the position of the Apinto Divisional Council did not reflect its long-standing relationship with traditional authorities and host communities. It also pointed to its investments in community development and payments to the Government through taxes and royalties.
The company said it has operated the Tarkwa mine for more than three decades and has maintained regular engagement with traditional authorities and community representatives through structures including the Tarkwa Mine Community Consultative Committee, community forums and other governance platforms. According to Gold Fields, these platforms have allowed issues relating to mining operations, environmental management, rehabilitation, community investment and the lease renewal process to be discussed. Gold Fields said approximately 74 cents of every dollar generated by the Tarkwa mine remains in Ghana through taxes, royalties, Government dividends from its 10% free-carried equity, employee salaries and benefits, procurement from local businesses and investment in host communities.
It disclosed that in 2025 alone, it paid about GH¢5.8 billion to the Government in corporate taxes, royalties, dividends and other statutory payments. It also spent about GH¢8.8 billion on local procurement across Ghana, including GH¢6.5 billion with suppliers in host communities. The company said its community investment is delivered mainly through the Gold Fields Ghana Foundation, with projects selected by community representatives and traditional authorities.
I t said the Foundation has invested more than US$110 million in host communities, covering infrastructure, education, healthcare, water and sanitation, agriculture, enterprise development and environmental conservation. These projects include the 33-kilometre Tarkwa-Damang asphalt road, the Tarkwa and Abosso Sports Stadium, more than 52 schools, scholarships, an Artificial Intelligence SmartLab, skills development programmes and healthcare facilities. Gold Fields also highlighted its local employment record, stating that about 70% of workers at the Tarkwa mine come from host communities while 99% of its wo…
Gold Fields Ghana has defended its application to renew the Tarkwa mining lease, arguing that the mine remains one of Ghana’s biggest economic contributors after paying GH¢5.8 billion in taxes, royalties, dividends and other statutory payments in 2025, while spending another GH¢8.8 billion on local procurement. The statement comes amid growing public debate over the future of the Tarkwa mine following recent comments by the Apinto Divisional Council on the lease renewal process. Gold Fields said those views do not reflect its long-standing relationship with traditional authorities and host communities or the investments it has made over the years.
It stressed that it has maintained “regular and transparent engagement” with the Apinto Divisional Council and community representatives through established platforms, where issues including environmental management, rehabilitation, community investment and the renewal of the mining lease have been discussed. Making its economic case, Gold Fields said approximately 74 pesewas of every dollar generated by the Tarkwa mine remains in Ghana through taxes, royalties, government dividends, salaries, local procurement and community investment. The company added that it spent approximately GH¢8.8 billion on procurement from local businesses, including GH¢6.5 billion with suppliers from host communities.
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