DAKAR – Gold Fields.Jsubmitted a “lease-renewal proposal” to Ghana this month for its Tarkwa gold mine, the corporate mentioned on Monday.
The South African miner seeks to safe the long-term way forward for one among its greatest mining operations.
The lease for Tarkwa — a cornerstone asset for the South African miner that produced about 427 000 oz of gold in 2025 — expires in 2027.
The corporate misplaced management of its smaller Damang mine in April after Ghana’s authorities declined to resume its mining lease, breaking with a longstanding apply of routinely extending permits for current operators. The asset was subsequently awarded to native contractor Engineers & Planners (E&P), which has since begun manufacturing.
Some civil society teams and conventional leaders have known as on the federal government – which has been implementing reforms geared toward boosting state income – to offer the Tarkwa mine to locals, although officers have repeatedly mentioned they continue to be dedicated to renewing the lease.
Ghana’s mines ministry didn’t instantly reply to a request for remark.
Gold Fields mentioned its proposal sought to spice up native participation, broaden neighborhood advantages and procurement alternatives, and enhance the mine’s long-term financial contribution. Gold Fields submitted a proper lease renewal utility in November 2025 and is awaiting a authorities choice, it added.
The corporate mentioned its monetary energy, technical experience and capability to fund main reinvestment and mine-life-extension initiatives make it finest positioned to guide Tarkwa by its subsequent part. It added that continued operatorship would safeguard jobs, help native suppliers and maintain authorities revenues.
