About Us Profile

Profile

Gold Fields is one of the largest private sector companies in Ghana, controlling 90% of both the Tarkwa and Damang gold mines.

The Government of Ghana owns the remaining 10% through a
free-carry interest. Gold Fields took over the Tarkwa mine from the State Gold Mining Company in 1993 and acquired the Damang mine in 2002. In 2018, the company also bought 45% of the Asanko mine, which is managed by Galiano Gold and controls the other 45% of the mine.

Gold Fields contributes significantly to the development of the country through job creation, taxes and royalties, community and infrastructure investments, as well as local procurement and enterprise development.

Find out more about our contributions in our 2021 Ghana Gold Expo presentation.

Ghana Gold Expo 2021 – Sustainability presentation

Our contribution to national development

Corporate taxes and royalties

US$1.64bn

Dividends to government

US$163.9m

Pay-as-you-earn

US$323.2m

Tarkwa mine

Largest and second largest taxpayer in Ghana

largest

2010

2011

2012

second largest

2015

2017

Gold Fields’ shared value initiative ensures that stakeholders benefit from the value that is created through its operations.
Over the years, Gold Fields has received recognition for its contribution to the development of host communities and the country.
Aboso Community Library
2021 Ghana Mining Industry Awards

In 2021, the company won 12 awards, recognising its responsible mining practices. The Tarkwa mine won the Mining Company of the Year award at the 7th Ghana Mining Industry Awards (GMIA).

The flagship award honours the mining company that has achieved the highest aggregate score in environmental management, occupational health and safety, local content, corporate social investment, innovation and fiscal contribution.

The Damang mine also won the Corporate Social Investment Project of the Year award at the GMIA.

The winning project is the upgrade of the Huni-Valley Health Centre, which has improved access to healthcare in the host communities.

Huni-Valley Health Centre

Gold Fields in Ghana

Learn about who we are and what we do in communities hosting our Tarkwa and Damang mines in the Western Region of Ghana.

About Gold Fields Group

Group

5

Australia

Chile

Ghana

Peru

South Africa

Operating mines

9

Agnew

Asanko JV

Cerro Corona

Damang

Gruyere

Granny Smith

South Deep

St Ives

Tarkwa

Projects

2

Gruyere and Salares Norte

Joint venture

1

Asanko

Number of employees

17 611

Gold mineral reserves

48.1Moz

Gold mineral resources

96.6Moz

Listing

JSE
NYSE