Also known as: Goldfields · Gold Fields Ltd. · Gold Fields Tarkwa
Mining company operating the Tarkwa gold mine in Ghana, whose lease renewal expires in April 2027 and faces government decision on continuation.
Verbatim sentences from the source article.
Joy Online
… ying the U.S. should have the lowest interest rate in the world. * China’s net gold imports via Hong Kong more than doubled year-on-year in June, but slipped over 5% from the previous month, data from Hong Kong’s Census and Statistics Department showed on Monday. * Gold Fields …
Gold slips as firm dollar weighs; focus turns to Fed meetingJoy Online
… This year, it introduced a sliding-scale gold royalty regime linked to prices and signalled plans to phase out fiscal stability agreements, a move that could affect major miners including Newmont, Gold Fields, AngloGold Ashanti, Zijin and Perseus. …
Cabinet approves revised mining law to strengthen oversightJoy Online
… The government revamped the programme in February, targeting up to 157 tons (15 months of import cover) by 2028, and launched negotiations with miners, including Newmont, Gold Fields, and China’s Zijin (601899.SS), to increase purchases. …
Gov’t to buy 30% of large miners’ gold output from July 1, statementBusiness & Financial Times
On May 13, 2026, the Institute of Economic Affairs (IEA) urged the Government of Ghana not to renew Gold Fields’ mining lease in Tarkwa, arguing that the concession should instead be granted to a local owner. …
The dangerous contradiction at the heart of our resource nationalism debate: Why the IEA’s call to deny Gold Fields’ mining lease renewal would destroy the very local businesses it claims to championJoy Online
The government is considering the option of transferring the control of Gold Fields Tarkwa Mine to local firms when the current lease expires in April 2027. …
Government considers transfer of Gold Fields Tarkwa mine to local firms after expiration of leaseThe Ghanaian Times
The Ghana First Alliance, a movement, is today staging a protest in Accra against the renewal of the mining licence of Gold Fields, a mining company owned by a South African citizen operating in Ghana. …
Ghana First Alliance protests in Accra over Gold Fields licence renewalJoy Online
… Attakumah was elected at the Chamber’s 98th Annual General Meeting (AGM), where he succeeded Mr Michael Edem Akafia, Vice President for External Affairs at Gold Fields, who completed a two-year term marked by major policy engagements and developments within the mining sector. …
Frederick Attakumah elected Ghana Chamber of Mines President, outlines plans to increase gold productionDaily Guide
… He cited major companies such as MTN, Stanbic Bank and Gold Fields, among others, as examples of businesses that have contributed substantially to employment creation and government revenue. …
Don’t Damage Ghana- South Africa Relations – Minority Warns GovtJoy Online
… Look at the investment South Africans have in Ghana, MTN, Stanbic Bank, a lot of investment, Gold Fields, and other companies, and what they’ve brought into this country in terms of jobs, in terms of revenue,” he said. …
Minority demands briefing on Ghanaians’ evacuation from SA amid xenophobic attacksBusiness & Financial Times
… By Elvis MENSAH The ongoing debate over the renewal of Gold Fields Tarkwa mining lease must not be treated merely as a legal, political, or mineral-rights matter. …
The Tarkwa dilemma: Beyond gold, jobs and communities at stakeThe Ghana Football Association has announced that the 2026/27 Women's Premier League will kick off on October 23–26, 2026, across Northern and Southern Zones with 20 clubs, running until a league final scheduled for April 30–May 3, 2027. Defending champions Ampem Darkoa will seek to retain their title amid competition from contenders like Hasaacas Ladies.
23 hours ago · Joy Online →
The Ghana Football Association has announced that the 2026/27 Women's Premier League will kick off on October 23–26, 2026, across Northern and Southern Zones with 20 clubs, running until a league final scheduled for April 30–May 3, 2027. Defending champions Ampem Darkoa will seek to retain their title amid competition from contenders like Hasaacas Ladies.
23 hours ago · Joy Online →
The Ghana Paralympic Committee has officially unveiled the Black Challenge squad for the 2026 Amputee World Cup in San Juan de los Lagos, Mexico. The ceremony was attended by dignitaries including Minister for Sports and Recreation Kofi Adams, and Gold Fields pledged $500,000 to support the team, with $250,000 directed towards World Cup preparations.
28 September 2026 · Joy Online →
An editorial argues that after renovation of the Sekondi Sports Stadium at a cost of $3.1 million, authorities must ensure sustainable management and maintenance to prevent the facility from deteriorating again, and calls for a viable utilisation and revenue-generation plan.
17 September 2026 · The Chronicle →
GoldFields has called on Ghana's government to treat its application for renewal of the Tarkwa mining leases fairly as negotiations enter a critical phase. The company submitted a comprehensive commercial proposal in July 2026 that includes significant investment and increased value-sharing measures, but said it is still awaiting a formal government response.
26 August 2026 · The Chronicle →
Gold Fields reported an 81% rise in half-year profit driven by higher gold prices and output, but said uncertainty over the renewal of its Tarkwa mine leases in Ghana—which expire in April 2027—is weighing on the company's valuation and share price. The company submitted a renewal application in November 2025 and has yet to receive a formal response, though it said it is considering all available options including exercising legal rights under the leases.
26 August 2026 · Joy Online →
Gold Fields says it is open to exploring all options, including legal avenues, for renewal of its Tarkwa mine lease, citing uncertainty and delays in government decision-making. The mining giant's CEO stated it seeks fair and equitable treatment and remains hopeful for sensible consideration of its application.
25 August 2026 · Joy Online →
Ghana's mining industry recorded 34 serious accidents and 210 first-aid accidents in 2025, though fatalities declined from seven in 2024 to three, representing a 57 per cent reduction. Chamber of Mines CEO Ken Ashigbey called for continued focus on safety and zero-harm goals.
18 August 2026 · Daily Guide →
An opinion piece analyses the Bank of Ghana's potential role in supporting government efforts to indigenise Ghana's mining sector, as locally-owned firms like Engineers and Planners Limited take over concessions such as the Damang Mine from foreign operators.
4 August 2026 · Joy Online →
The University of Mines and Technology will appoint Professor Bernard Kumi Boateng, a 48-year-old Geomatic Engineering professor and alumnus, as its first Vice Chancellor in 2026. Boateng, who rose from working as a toilet attendant in Kumasi to becoming a mining engineer, plans to develop UMAT into a world-class engineering centre of excellence focused on Ghana's mining and mineral resource governance.
30 July 2026 · Joy Online →
An opinion piece argues that a proposal for Ghana to assume majority ownership of the Tarkwa Gold Mine after Gold Fields' lease expires in 2027 would be impractical and distract from the real causes of underdevelopment in mining communities, citing the mine's scale and sophistication as a challenge to state acquisition.
30 July 2026 · Joy Online →
Spot gold fell 0.5% to $4,056.03 per ounce on Tuesday, pressured by a firmer dollar and attention on the Federal Reserve's policy meeting, with markets assessing the likelihood of interest rate changes in coming months.
28 July 2026 · Joy Online →
Ghana's Cabinet has approved amendments to its mining law for submission to parliament, aimed at increasing oversight of the sector and curbing illegal mining. The revised law seeks to strengthen local content, improve linkages to manufacturing, establish district mining committees, and replace reconnaissance and prospecting licences with a single five-year exploration licence.
16 July 2026 · Joy Online →
Government has agreed with large-scale mining companies to purchase 30% of their gold output starting July 1 to boost foreign currency reserves and develop local refining capacity. Gold will be sold to state entity GoldBod in dore form at a 0.55% discount to the central bank's reference rate and settled in Ghanaian cedis.
26 June 2026 · Joy Online →
The Business & Financial Times publishes an opinion piece arguing that the Institute of Economic Affairs' May 2026 call to deny Gold Fields' mining lease renewal in Tarkwa and award it to a local owner would paradoxically harm Ghanaian enterprises that have grown within the mining ecosystem, including Engineers and Planners, ZEN Petroleum Holdings, Western Transport Services, and Genser Energy.
23 June 2026 · Business & Financial Times →
The government is considering transferring control of Gold Fields Tarkwa Mine to local firms when the current lease expires in April 2027, according to Bloomberg sources. The potential transfer is part of efforts to increase government ownership of the gold industry, with any handover to be evaluated on environmental rehabilitation, local employment, and infrastructure development commitments.
19 June 2026 · Joy Online →
The Ghana First Alliance staged a protest in Accra demanding the government not renew the mining licence of Gold Fields, a South African-owned mining company. The demonstration, linked to recent xenophobic attacks in South Africa against Ghanaian businesses, calls for the contract to be terminated and mining concessions handed to Ghanaian operators.
11 June 2026 · The Ghanaian Times →
Ing. Frederick Attakumah, Executive Vice President of Asante Gold Corporation, has been elected President of the Ghana Chamber of Mines at its 98th Annual General Meeting. He pledged to increase gold production, deepen local value creation, and strengthen sustainable mining practices through stakeholder collaboration.
11 June 2026 · Joy Online →
The Parliamentary Minority has warned the government against allowing tensions involving Ghanaians in South Africa to damage bilateral relations, calling for the Foreign Minister to brief Parliament on recent evacuations and the situation affecting an estimated 25,000 to 30,000 Ghanaians in that country.
11 June 2026 · Daily Guide →
Ghana's Parliamentary Minority has called for an immediate briefing from the Foreign Affairs Minister on a government-sponsored evacuation of Ghanaian nationals from South Africa following xenophobic attacks. The Minority argues Parliament must be fully informed to prevent misinformation and ensure coordinated diplomatic response, noting Ghana's estimated 25,000–30,000 nationals in South Africa and long-standing economic ties with the country.
10 June 2026 · Joy Online →
The Gold Fields Tarkwa mining lease renewal debate extends beyond mineral rights to a question of employment, community livelihoods, and national development. The operation supports over 4,700 direct employees and contractors, alongside thousands in surrounding economic networks, making the decision critical to worker protection, livelihood preservation, and Ghana's investment reputation.
9 June 2026 · Business & Financial Times →
The Ghana Investment Promotion Centre reaffirmed Ghana's commitment to attracting foreign investment in mining, saying discussions about increasing local participation should not be misread as opposition to foreign direct investment. The assurance comes amid debate over mining lease renewals, including Gold Fields' Tarkwa Mine lease expiring in 2027, with GIPC noting Ghana's mining tradition has developed capable indigenous businesses ready to take greater responsibility in the sector.
8 June 2026 · Joy Online →
Former Parliamentary Energy and Mines Committee Chair Dr Kwabena Donkor has proposed that Ghana's state retain ownership of mining assets while contracting indigenous companies to conduct operations, arguing the country now possesses the technical expertise and managerial capacity to retain a larger share of mineral wealth benefits. He advocates reviving the State Gold Mining Corporation as a lean asset-holding entity rather than an operator.
5 June 2026 · Joy Online →
Finance Minister Dr. Ato Forson has expressed concern about mining companies pressuring the government to renew mining leases and then immediately selling them to other investors. He cited Newmont's sale of its Akyem Gold Mine Project to Zijin Mining Group for US$1 billion a month after securing a lease extension, saying such practices should not be encouraged as they undermine mutual trust.
5 June 2026 · Joy Online →
Policy analyst Dr Steve Manteaw supports efforts to increase Ghanaian participation in mining, arguing that countries that derive the greatest value from natural resources actively participate in extraction. He points to public concern that Ghana is not receiving enough benefits from its mineral wealth, a sentiment reflected in debate over Gold Fields' Tarkwa mining lease renewal.
5 June 2026 · Joy Online →
Dr Steve Manteaw attributes fierce public interest in Gold Fields' Tarkwa mining lease renewal to a widespread perception that Ghana is not receiving enough value from its mineral resources and wants greater benefits retained domestically. He notes that public frustration has been fuelled by claims that Ghana retains only a small fraction of value from mining, though he describes such figures as inaccurate.
5 June 2026 · Joy Online →
Policy analyst Steve Manteaw cautioned against using public sentiment as the sole basis for handing mines to Ghanaians, noting that while widespread perception suggests Ghana retains only about five per cent of mining sector value, such figures are inaccurate and policy should be guided by sound analysis rather than emotion.
4 June 2026 · Joy Online →
Ishmael Yamson & Associates formally launched the Ishmael Yamson Foundation at the 12th Business Roundtable held in Accra, positioning it as a vehicle for generational strategy and leadership development of young African talent. The event, themed on Africa's digital infrastructure, trade, energy, and governance, convened more than 400 participants including government officials, industry leaders, and development partners.
3 June 2026 · Joy Online →
The government will submit the Damang Gold Mine lease agreement to parliament for ratification following its takeover by Engineers and Planners after Gold Fields' lease expired. The Lands and Natural Resources Minister said suspending operations pending ratification was not viable given the thousands of jobs and economic activities linked to the mine.
2 June 2026 · Business & Financial Times →
Gold Fields says it has invested approximately US$5 billion in Ghana over 30 years and that more than 70 per cent of revenue from its operations remains in-country. The company announced plans for more than US$1 billion in fresh capital investment over the next three to four years, amid ongoing debate over mining lease renewals and resource nationalism.
30 May 2026 · Joy Online →
The President of the National Union of Ghana Students has warned of sustained student-led action if government renews Gold Fields' mining lease at Tarkwa, arguing that national resources should prioritize local participation and that Ghana has capable local investors who could benefit from the sector.
30 May 2026 · Joy Online →