Goldfields Ghana Tarkwa Mine

In 1961, production restarted under the State Gold Mining Corporation and in 1963 the Tarkwa mines were renamed Tarkwa Goldfields Limited. The Apinto Shaft was sunk in the mid-seventies. GFG signed a management contract with the Ghanaian Government to operate the mine in 1993, and in 1996 completed a feasibility study on an open pit/heap leach ...

The Damang Mine's drilling optimisation programme also won the Best Performer in Innovation award last year. The Tarkwa Mine had previously won this same category in 2019. Mr Baku and the General Manager of the Tarkwa Mine, Mr Stephen Osei-Bempah, both won the Mining Personality of the Year award in 2019 and 2020, respectively.

Mine performances. Tarkwa's production decreased by 1% to 522koz in 2021 (2020: 526koz) but was 2% ahead of guidance of 510koz. AIC increased by 14% to US$1,155/oz in 2021 from US$1,017/oz in 2020 and was slightly higher than guidance of US$1,075/oz. The increase was driven by higher capex, lower gold sold and higher cost of sales before ...

From Engineering, Metallurgy and Mining to Mineral Resource, Finance and Protection Services, women are represented in all departments at our Tarkwa and Damang mines. Our employees contribute significantly towards the …

During 2023, two contractors at Tarkwa died in incidents on the mine. In addition, a non-operational fatal incident occurred during the reconstruction of Tarkwa and Aboso Stadium in Tarkwa, a project funded by the Gold Fields Ghana Foundation.

In the West African region, the focus is on increasing the proportion of local content by procuring goods and services in accordance with Procurement Lists (published annually) by the Minerals Commission of Ghana, which at present target 29 discrete categories of spend.

Goldfields Ghana Limited's Tarkwa mine has set aside a staggering $113 million for land reclamation, signaling a major commitment to environmental restoration in Ghana's …

Gold Fields Ghana Lim­ited (Tarkwa Mine) was ranked number 2 in the country and within the extractive industry, while Abosso Goldfields Limited (Damang Mine) was ranked number 12 at the just-ended Ghana Club 100 Awards (GC100) held in Accra. This remarkable achievement was further bolstered by the ...

Gold Fields' Tarkwa & Damang Mines ranked number 2 and 12 at the Ghana Club 100 Awards. Wednesday, 30 October 2024. Gold Fields Ghana Limited (Tarkwa Mine) was ranked number 2 in Ghana and within the extractive industry while Abosso Goldfields Limited (Damang Mine) was ranked 12 at the prestigious Ghana Club 100 Awards (GC100). ...

Gold Fields Ghana 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 …

Gold Fields (JSE, NYSE: GFI) and AngloGold Ashanti (JSE: ANG) (NYSE: AU) announced on Thursday that they have yet to make progress on their proposed joint venture in …

Government of Ghana holds a 10% free carried interest, as required under the Mining Law of Ghana. Tarkwa is located near the southern end of what is commonly referred to as The Tarkwa Basin, 300 km by road west of Accra, the capital of Ghana. The Tarkwa mine operates under mining leases covering a total area of approximately 20,800 ha. In F2009 ...

Small-scale mining is practised in 13 of Ghana's 16 regions. ... A legal small-scale gold mining site in Tarkwa. The mine's toxic waste, including mercury, has been contained, …

Gold 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 …

Gold Fields took over the Tarkwa mine from the State Gold Mining Company in 1993 and acquired full ownership of the Damang mine in 2011. Gold Fields divested its 45% interest in the Asanko gold mine to our JV partner Galiano …

Gold Fields and AngloGold Ashanti are not considering a full-scale merger after they agreed to combine their neighbouring Tarkwa and Iduapriem mines in Ghana to create Africa's biggest gold mine ...

GGL since its existence in Ghana has its vision to be a global leader in sustainable gold mining through the Company's five (5) year development programme of Sustainable Community Empowerment and Economic Development Programme (SEED). 9.2 Legal Framework of Goldfields Ghana Limited Goldfields Ghana Limited, Tarkwa Mines is governed by the ...

acquired the Tarkwa mine from Government. 2002. acquired the Damang mine from Ranger Minerals. 2017. Damang re-investment project commenced: US$1.2bn in capital and operational expenditure. 2018. ... goldfields-ghana. 18 March 2020. CEO Sustainability Review. CORPORATE. Thank you. Title: Agenda

Goldfields Ghana Limited's Tarkwa mine has set aside a staggering $113 million for land reclamation, signaling a major commitment to environmental restoration in Ghana's mining sector.

Gold Fields Ghana operated the underground mine which exploited the Main and West auriferous conglomerates (reefs) of the Banket Series of the Tarkwaian System. These reefs were mined …

At Gold Fields Ghana, we are committed to protecting our people from injuries and occupational ill health. Safety remains our Number one Value and we continue to commit resources into making the workplace safe and healthy for employees. Our strategic vision is to achieve zero harm, in line with our declaration that "if we cannot mine safely ...

Women & Leadership in Mining: Opportunities and challenges. Presentations archive. Media releases. 25 November 2024. Gold Fields leaders speak... 14 November 2024. Operational Update For Q3... 08 November 2024. Tarkwa-Iduapriem JV updat... Media archive. In the news. 06 December 2024. ICMM - The four issues wh... 05 December 2024. Gold Fields ...

Goldfields Ghana Limited's Tarkwa mine has set aside a staggering $113 million for land reclamation, signaling a major commitment to environmental restoration in Ghana's mining sector. The bulk of this fund, $82.5 million, is held as cash deposit by the company, while an additional $36.8 million is secured in bank bonds. ...

The Government of Ghana owns a 10% free-carry shareholding in our mines: Tarkwa: Open-pit Life-of-mine (LOM): 13 years In 2023, we entered into an agreement with AngloGold Ashanti (AGA) to form a JV comprising the adjacent Tarkwa and Iduapriem mines, with Gold Fields having a majority share.

Gold Fields is a leading global gold mining company with a clear Purpose: To create enduring value beyond mining in the lives and places our company touches. This Purpose unites our people across ten operating mines and projects in Australia, Canada, Chile, …

GOLD FIELDS GHANA FOUNDATION. ... New Training Centre at Tarkwa mine. Our people undergo various structured training and development interventions grouped under five broad categories: ... Women in mining training; Technical and artisanal training programmes for mechanics, electricians, instrumentation technicians and boilermakers ...

Funding for the Foundation is primarily through contributions from the Tarkwa and Damang mines, based on their production profitability. For every ounce of gold produced by the mines, one US dollar is donated to the Foundation, in addition to 1.5% of the mines' profits before tax (US$1/oz plus 1.5% of pre-tax profit).

Our Tarkwa mine is well positioned to deliver sustained value. Maintains steady production at more than 500,000 oz/year. Our portfolio expansion strategy is to consider opportunities in the M&A space, exploration, productivity …

The Government of Ghana owns a 10% free-carry shareholding in our mines: Tarkwa: Open-pit Life-of-mine (LOM): 13 years In 2023, we entered into an agreement with AngloGold Ashanti (AGA) to form a JV comprising the adjacent Tarkwa and Iduapriem mines, with Gold Fields having a majority share.

Introduction. Gold mining plays a central role in the socioeconomic development of Ghana. It is the single largest foreign exchange earner for the country and accounts for about 40% of the country's total gross foreign exchange earnings and 5.5% of gross domestic product (GDP). 1 However, the boom in the extractive industry in Ghana especially gold mining has …