The Ghana Chamber of Mines (GCM) has urged the government not to heed to the calls by the Institute of Economic Affairs (IEA) for it to terminate the mine lease of Gold Fields Ghana’s Tarkwa Mine, warning that such a move could weaken investor confidence and destabilise the count …
… As part of the initiative, Gold Fields’ Tarkwa Mine has admitted 105 graduates into the two-year programme, designed to bridge the gap between academic learning and the demands of the job market. …
Some of the graduate trainees The Tarkwa Mine of Gold Fields Ghana has welcomed 105 graduates into its 2026/2028 Graduate Training Programme, which is designed to build technical and professional skills as well as provide relevant work experience to enhance employability. …
… The Institute of Economic Affairs (IEA) has argued that Ghana should reject the proposed lease extension and instead pursue greater Ghanaian ownership and control of the Tarkwa Mine. …
… This response follows a growing national debate over the future of the Tarkwa Mine, one of Africa’s largest open-pit gold operations, with the Chamber warning that attempts to reject the lease renewal on nationalist grounds risk reversing decades of mining sector reforms, weakeni …
The Institute of Economic Affairs (IEA) has urged the government to reject plans to extend the mining lease of Gold Fields Ghana for the Tarkwa Mine, insisting that Ghana must take strategic control of one of its most valuable mineral assets, when the current lease expires in Apr …
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. …
… The Tarkwa Mine remains one of Ghana’s largest gold-producing mines and a major contributor to employment, foreign exchange earnings and local economic activity in the Western Region. …
IEA opposes Gold Fields Tarkwa lease renewal, urges Ghanaian control
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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. …
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. …
Mining fatalities in Ghana dropped to three in 2025 from seven in 2024, a decline of more than 57 per cent attributed to increased workplace safety investments. The Ghana Chamber of Mines said the reduction must not lead to complacency, as the industry pursues its target of eliminating workplace deaths.
Mining fatalities in Ghana dropped to three in 2025 from seven in 2024, a decline of more than 57 per cent attributed to increased workplace safety investments. The Ghana Chamber of Mines said the reduction must not lead to complacency, as the industry pursues its target of eliminating workplace deaths.
The Ghana Chamber of Mines says Gold Fields Ghana Limited's Tarkwa Mine in the Western Region has materially met the terms and conditions of its mining lease and should be extended under the nation's mining laws. The Chamber's CEO called for renewal and constructive engagement between the company, government, and host communities rather than uncertainty.
Opinion leaders and youth representatives from Huniso and surrounding communities have rejected calls to deny Gold Fields Ghana a 20-year lease renewal at Tarkwa Mine, warning the move could threaten jobs, state revenue and the local economy. They accused sections of the Apinto Divisional Council of pursuing a self-serving agenda under the guise of promoting local ownership, and urged the government to scrutinise the alternative "Apinto Shared Prosperity Proposal" as economically unviable.
Gold Fields Ghana has defended its bid to renew mining leases for the Tarkwa Mine, stating it paid GH¢5.8 billion in taxes and GH¢8.8 billion on local procurement in 2025, and invested $110 million in infrastructure, while emphasizing its 30-year commitment to community engagement and responsible mining.
Gold Fields Ghana says approximately 74 cents of every dollar generated by the Tarkwa mine remains in Ghana through taxes, royalties, government dividends, employee salaries, local procurement and community investment. The company reported paying about GH¢5.8 billion to the Government in 2025 and spending approximately GH¢8.8 billion on community development.
Gold Fields Ghana has defended its application to renew the Tarkwa mining lease, citing GH¢5.8 billion in taxes, royalties, dividends and statutory payments in 2025, and GH¢8.8 billion in local procurement spending, while stressing its long-standing engagement with traditional authorities and host communities.
Gold Fields Ghana has disputed claims by the Apinto Divisional Council over the renewal of its Tarkwa mining leases, stating that the council's position does not reflect the company's longstanding partnership with traditional authorities and host communities. The company said it has operated the Tarkwa mine for over three decades and maintained regular engagement with community representatives.
Gold Fields Ghana has defended its application to renew the Tarkwa mining lease, stating it has been a responsible partner for over three decades and remains best positioned to lead the mine's next phase. The company said approximately 74 cents of every dollar generated by the mine remains in Ghana through taxes, royalties, and community investment.
Gold Fields Ghana reaffirmed its commitment to responsible mining and community partnership as discussions over renewal of its Tarkwa mining leases continue, saying approximately 74 cents of every dollar of value generated by the mine remains in Ghana through taxes, royalties, dividends, and local procurement.
The Apinto Divisional Council of Tarkwa has called on the government not to renew Gold Fields Ghana Limited's mining lease when it expires in April 2027, urging instead that the concession be transferred to a Ghanaian-owned company. The traditional leaders argue that such a move would maximise Ghana's mineral benefits and address inadequate development in host communities despite decades of large-scale mining activities.
The Apinto Divisional Council is calling on government to make host communities equity partners in Gold Fields Ghana Limited's Tarkwa Mine during its ongoing lease renewal process. The chiefs argue that communities hosting mining operations for decades should have a direct stake in wealth generated from mineral resources extracted from their lands, and have developed an "Apinto Shared Prosperity Proposal" as a framework for ensuring traditional authorities and local communities participate in ownership, governance and benefits of mining operations.
The Apinto Divisional Council, traditional owners of land hosting GoldFields Ghana's Tarkwa Mine, has resolved to oppose the company's mining lease renewal when it expires in April 2027, citing limited impact on customary land despite decades of mining activities. The Council plans to announce its position at a press conference and urge the government to reject the lease renewal application.
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.
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.
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.
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.
Finance Minister Dr Cassiel Ato Forson has signalled a tougher stance on mining lease renewals, warning that the government may no longer view favourably situations where companies secure lease extensions only to sell the assets shortly afterwards. He cited a recent Newmont transaction where a renewed lease was sold within a month for approximately one billion dollars, questioning whether such arrangements align with the original intent behind granting lease extensions.
Communities hosting the Tarkwa Mine have called on government to renew Gold Fields Ghana Limited's mining lease when it expires in 2027, warning that denial could jeopardise thousands of jobs and disrupt economic activity in the Tarkwa-Nsuaem municipality. Community leaders support increased local participation in mining but say any transition must prioritise technical competence, financial strength and operational experience.
Chiefs and residents of communities hosting Gold Fields' Tarkwa Mine have thrown their support behind the company's application for an extension of its mining lease, citing its contributions to local employment, development, and infrastructure. The residents appealed to the government to renew the lease before its expiry in April 2027.
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.
The Ghana Chamber of Mines has urged the government to reject calls by the Institute of Economic Affairs to terminate Gold Fields Ghana's Tarkwa Mine lease, warning that doing so could weaken investor confidence and destabilise the mining sector. The chamber's CEO said Ghana's gold production increased from about 216,000 ounces in 1983 to nearly three million ounces in 2025, and that the government captures more than 60 per cent of mining rents through taxes, royalties, and dividends.
Gold Fields Ghana Foundation has enrolled 105 graduates from its host communities into a two-year Graduate Training Programme designed to provide practical skills and industry experience in mining and mining support services, including certifications in competency and Lean Six Sigma.
The Tarkwa Mine of Gold Fields Ghana has enrolled 105 graduates into its 2026/2028 Graduate Training Programme, designed to build technical and professional skills and provide work experience. The 24-month programme, led by experienced professionals, includes training in safety, technical competence, and professional growth, with support for Minerals Commission competency certification and Lean Six Sigma White Belt qualification.
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.
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.
The Institute of Economic Affairs has called on government to reject Gold Fields Ghana's request to extend its mining lease for the Tarkwa Mine, arguing that Ghana should take strategic control of the asset when the current lease expires in April 2027. The IEA contends that Ghana now has the capacity to manage the mine in its national interest and that renewing the lease would undermine the country's long-term economic and strategic goals.
The Institute of Economic Affairs has called on the government to reject Gold Fields' application for a 20-year lease extension of the Tarkwa Mine, arguing Ghana should reclaim ownership of the asset. The Ghana Chamber of Mines, however, warned that public pressure over the renewal risks damaging legal certainty and Ghana's reputation as a mining investment destination.
The Ghana Chamber of Mines has stressed the need for regulatory certainty and procedural fairness in mining enforcement, citing concerns over developments affecting Gold Fields' Tarkwa operations. The Chamber warned that uncertainty surrounding major mining operations could harm employment, host communities, and Ghana's attractiveness to international investors.
Davis Opoku Ansah, MP for Mpraeso, has urged Ghana to secure greater economic benefit from its mineral resources, arguing that successive governments have failed to maximise value from the nation's mineral wealth despite abundant resources. He cited mining communities like Tarkwa and Obuasi as examples of areas that continue to struggle with poor infrastructure and limited social amenities despite years of mining activity.
The Institute of Economic Affairs has opposed the renewal of Gold Fields' mining lease for Tarkwa, which expires in 2027, arguing that the decision would be harmful to Ghana's long-term interests and calling instead for a framework ensuring greater Ghanaian ownership. Gold Fields has applied for a 20-year extension and notes its Ghana operations account for about 25 per cent of the company's global gold output.