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$90.8m in development projects and programmes since 2004.

Foundation spend (2004 – 2021)

Enterprise development

US$7.24m

Infrastructure development

US$62.30m

Education

US$8.61m

Training

US$2.38m

Conservation and environment

US$750k

Arts and culture

US$115k

Health and wellbeing

US$6.0m

Sports

US$1.59m

Charitable giving and gifts (in kind)

US$1.84m

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.

*2022 contribution is up to August