Gold Fields Ghana Limited

Gold Fields Ghana LogoGold Fields Ghana (GFG) is presently the number one gold mining company and largest gold producer in Ghana, with annual production in excess of 935,000 ounces from its two operating mines at Damang and Tarkwa. Gold Fields Ghana engages about 5,612 Ghanaians in direct employment. The Company is owned by Gold Fields Limited (GFL), a global multinational precious metals producer, which is headquartered in Johannesburg, South Africa.

GFL is the world's fourth and Africa's number two leading producer of Gold with an attributed annualised production of 3.5 million ounces from eight operating mines in Australia, Ghana, Peru and South Africa. The Company's symbol or totem which is very representative of its nature is the head of the lion. The lion is well known for its loyalty, strength, calmness and yet aggressive, diligence, commitment and strategic intelligence. The values of safety, responsibility, honest, respect, innovation and delivery are the core of Gold Fields’ business and the bases of interactions with communities in which it operates and its stakeholders.


Shareholding:

Gold Fields Limited owns 90% respectively in Gold Fields Ghana Limited (GFGL) and Abosso Goldfields Limited (AGL) which constitute the Ghana Division and the Government of Ghana holds a 10% free carried interest, as required under the Mining Law of Ghana.


Sustainability:

The vision of Gold Fields is “to be the global leader in sustainable gold mining”. The Company is therefore committed to improving the quality of life and wellbeing in its host communities. Gold Fields Ghana spends over $2million annually in direct support for its community development activities in the key areas of agriculture, health, water and sanitation, education and general infrastructure. So far over US$ 20.21 million has been spent on community development projects. In line with the company’s policy on environment, the Tarkwa and Damang mines are ISO 14001 certified.


In 2005, Gold Fields Ghana provided the first major and unprecedented corporate sponsorship, to the senior national soccer team the Black Stars. Over the seven year sponsorship period, approximately $6.5million was committed to this national course, making Gold Fields Ghana the biggest Headline Sponsor of the National Team in its history. This sponsorship has contributed immensely to the rejuvenation and development of soccer as a national sport, and Ghana's historic and successful appearances in the FIFA World Cup Tournament in 2006 in Germany and at South Africa in 2012 where once again Ghana out performed all of Africa’s representatives, finishing highest. In collaboration with the Forestry Commission, Gold Fields Ghana has initiated the Leadership for Conservation in Africa (LCA)


Directors:

N J Holland (Chairman), PJ Van Schalkwyk (Managing Director), N K Kudjawu, K Ansah, M M Ezan, E K Kaningen
Ghana chapter to work towards the conservation of Ghana’s natural reserves and environment. The Chapter is currently working towards the conservation and enhancement of the Shai Hill Resource Reserve.