Gold Fields Ghana says nearly 74 per cent of the value generated by its Tarkwa mine remains in Ghana, as it responds to public discussions surrounding the renewal of its mining leases.
In a statement issued on Monday, the company said recent media reports regarding the position of the Apinto Divisional Council did not reflect its long-standing relationship with traditional authorities and host communities.
Gold Fields said it has operated the Tarkwa mine for more than three decades and has maintained regular engagement with traditional leaders and community representatives through the Tarkwa Mine Community Consultative Committee, community forums and other governance platforms.
According to the company, these platforms provide opportunities to discuss mining operations, environmental management, mine rehabilitation, community investments and the lease renewal process.
The company stated that approximately 74 cents of every dollar generated by the Tarkwa mine remains in Ghana through corporate taxes, royalties, Government dividends from its 10 per cent free-carried equity, employee salaries and benefits, procurement from local businesses and investments in host communities.
Gold Fields disclosed that in 2025 it paid approximately 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 its host communities.
The company said most of its community investment is channelled through the Gold Fields Ghana Foundation, with projects selected in consultation with community representatives and traditional authorities.
According to the company, the Foundation has invested more than US$110 million in host communities, supporting projects in infrastructure, education, healthcare, water and sanitation, agriculture, enterprise development and environmental conservation.
Among the projects cited are the 33-kilometre Tarkwa–Damang asphalt road, the Tarkwa and Abosso Sports Stadium, more than 52 schools, scholarship programmes, an Artificial Intelligence SmartLab, skills development initiatives and healthcare facilities.
Gold Fields also stated that about 70 per cent of employees at the Tarkwa mine are drawn from host communities, while 99 per cent of its workforce is Ghanaian.
On environmental management, the company said it has invested approximately US$46 million in mine rehabilitation since 2016, with annual expenditure averaging US$4.2 million.
It added that more than 818,000 trees have been planted since 1998, while over 33,000 trees are currently being raised in its nursery. Rehabilitation activities, it said, are undertaken alongside mining operations and include reforestation, biodiversity restoration and the creation of agricultural land for community use.
Gold Fields said it submitted its application to renew the Tarkwa mining leases in November 2025 and presented its lease renewal proposal to the Government in July 2026. It said it remains engaged in the process and is awaiting feedback from the relevant authorities.
The company said its proposal seeks to deepen local participation, expand local procurement, strengthen community benefits, support skills development and increase long-term socio-economic value creation.
It added that while it supports Ghana’s objective of maximising benefits from its mineral resources, this should be pursued in a manner that protects jobs, sustains investor confidence, supports local businesses and ensures responsible mining continues to deliver long-term value for the country.
