Gold Fields defends Tarkwa lease renewal

Gold Fields Ghana has publicly defended its bid to renew the mining leases for its flagship Tarkwa Mine, responding to reports that the Ghana — Apinto Divisional Council opposes the renewal. The company emphasized its long-standing relationship with traditional authorities and host communities, highlighting significant economic contributions: approximately 74 cents of every dollar generated remains in Ghana through taxes, royalties, dividends, salaries, local procurement, and community investments. In 2025, Gold Fields paid about GH¢5.8 billion to the Government of Ghana and spent approximately GH¢8.8 billion on local procurement, with GH¢6.5 billion going to suppliers from host communities. The Gold Fields Ghana Foundation has invested over US$110 million in community projects, including infrastructure, education, and healthcare. The company also noted its environmental record, with US$46 million invested in land rehabilitation since 2016 and over 818,000 trees planted. Gold Fields submitted its lease renewal application in November 2025 and presented a detailed proposal to the government in July 2026, developed after consultations with stakeholders. The company awaits feedback from authorities and continues engagement with the Ghana — Apinto Divisional Council.