Gold Fields says 74% of Tarkwa Mine’s value stays in Ghana

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.

The company said its community investment is delivered mainly through the Gold Fields Ghana Foundation, with projects selected by community representatives and traditional authorities.

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.