Also known as: Goldfields · Gold Fields Ltd. · Gold Fields Tarkwa
South African-owned mining company operating the Tarkwa Gold Mine in Ghana, with lease expiring April 2027.
Verbatim sentences from the source article.
Joy Online
… Mr Buah stated that Ghana’s mining sector had attracted over $20 billion in investments in the past two decades, with major firms such as Newmont, AngloGold Ashanti, Gold Fields, Zijin Mining and Perseus Mining operating in the country. …
Lands Minister woos global mining investors to GhanaBusiness & Financial Times
By Kizito CUDJOE A sharp disagreement has emerged over the future of Gold Fields’ flagship Tarkwa Mine, exposing growing tensions between calls for greater Ghanaian control of strategic mineral assets and concerns over investor confidence in the country’s mining sector. …
IEA, Chamber of Mines split over Tarkwa lease extensionJoy Online
The Ghana Chamber of Mines has underscored the need for regulatory certainty and constructive engagement in Ghana’s mining sector as concerns grow over developments affecting the sector, including Gold Fields’ Tarkwa operations. …
Ghana Chamber of Mines defends Gold Fields’ Tarkwa operations amid mining sector tensionsJoy Online
The Member of Parliament for Davis Opoku Ansah has supported calls opposing the renewal of Gold Fields’ lease for the Tarkwa Mine, insisting that Ghana must adopt a new approach to managing its mineral resources to secure greater economic benefit for the country. …
Ghana must retain more value from mineral resources – Davis Opoku AnsahJoy Online
The Institute of Economic Affairs (IEA) has intensified calls for Ghana to prioritise local ownership of its natural resources, opposing the renewal of Gold Fields’ lease for the Tarkwa mines as it approaches expiration in 2027. …
IEA opposes renewal of Gold Fields Tarkwa mining lease, calls for greater Ghanaian ownershipJoy Online
… In a statement, it advised the government to prioritise a framework that secures meaningful Ghanaian ownership and control of the Tarkwa Mine. “We are equally aware of attempts by Gold Fields to court the support of traditional authorities in Tarkwa for this proposed extension. …
Reject decisively extension of current Tarkwa mining lease for Gold Fields – IEA to governmentJoy Online
A $740 million dispute between Gold Fields Ltd. and a mining contractor in Ghana will be fought out in arbitration. …
Gold Fields’ spat with Engineers & Planners Co. heads for arbitrationJoy Online
The Member of Parliament for Mpraeso, Davis Ansah Opoku, has called on the government of Ghana to use ongoing discussions surrounding Gold Fields’ proposed lease extension in Tarkwa to demand stronger action against xenophobic attacks in South Africa. …
Mpraeso MP urges gov’t to tie Gold Fields lease extension to action on xenophobia in South AfricaJoy Online
… In a Facebook post shared on Saturday, May 9, the Mpraeso MP linked the issue to Gold Fields’ request for a 20-year extension of its mining lease in Tarkwa. …
African unity meaningless amid xenophobic attacks – Mpraeso MPJoy Online
… My view has always been that the state, through the Ghana Gold Board (Goldbod) or the Bank of Ghana, should have taken over the Damang Gold Mine from Goldfields instead of any private entity, whether E&P or any other local or foreign company. …
The Damang Gold and the Economy of Ghana: State Ownership versus Ibrahim Mahama’s E&PGhana'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 →
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 →
An open letter to Ghana's President criticizes the continued economic presence of South African companies like MTN and Gold Fields in Ghana while Ghanaian nationals face attacks and losses in South Africa, calling for greater accountability and responsibility from these firms.
30 May 2026 · Joy Online →
Ernesto Yeboah, leader of the Economic Fighters League, has cautioned Ghanaians against retaliatory action targeting South African businesses or citizens in Ghana following afrophobic attacks against Ghanaians in South Africa. He warned that such retaliation would damage Ghana's international reputation and called on police to prevent harassment of South African-owned businesses.
30 May 2026 · Joy Online →
A citizen has filed a petition with CHRAJ demanding an investigation into President John Mahama over conflict-of-interest allegations related to the takeover of the Damang Mine by the President's brother, Ibrahim Mahama, whose firm E&P received the concession from Gold Fields in April 2026. The petitioner invokes constitutional articles barring public officers from placing themselves in situations of personal interest conflict.
25 May 2026 · Joy Online →
An opinion piece argues that the Institute of Economic Affairs' call for Ghana to deny Gold Fields' mining lease renewal in favour of local ownership overlooks the company's consistent tax and environmental compliance and Ghana's need to maintain investment-friendly frameworks for attracting foreign capital.
19 May 2026 · Joy Online →
An opinion piece argues that while Ghana has technical expertise to operate the Tarkwa Mine independently, the country must cautiously evaluate whether it possesses the broader institutional and financial capacity to sustain a world-class large-scale mining operation, given the complex global systems involved in modern multinational mining.
19 May 2026 · Joy Online →
The Ghana Chamber of Mines has defended Gold Fields' application to extend its Tarkwa mining lease, accusing the Institute of Economic Affairs of advancing "material factual inaccuracies" and warning that rejecting the renewal could weaken investor confidence and Ghana's competitive standing in mining.
18 May 2026 · Business & Financial Times →