Gold Fields Ghana Foundation Financials

Financials

Total social investment and shared value in our host communities

The Gold Fields Ghana Foundation has invested over US$84.4m in development projects and programmes since 2004.

Foundation spend (2004 – 2021)

Enterprise development

US$6.4m

Infrastructure development

US$58.2m

Education

US$8.1m

Training

US$1.8m

Conservation and environment

US$573k

Arts and culture

US$115k

Health and wellbeing

US$5.9m

Sports

US$1.4m

Charitable giving and gifts (in kind)

US$1.7m

Funding formula for the Foundation

US$1/oz + 1.5% of pre-tax profit

Contributions from the Tarkwa and Damang mines, based on their production profitability. US$1 for every ounce of gold produced and 1.5% of the mines’ profits before tax.