
Tarkwa residents petition government to renew Gold Fields mining leases
Communities hosting the Tarkwa Mine in Ghana have formally petitioned the government to extend Gold Fields Limited's five mining leases before their expiration in April 2027.
13 stories found

Communities hosting the Tarkwa Mine in Ghana have formally petitioned the government to extend Gold Fields Limited's five mining leases before their expiration in April 2027.

A proposal for the Government of Ghana to assume majority ownership of the Tarkwa Gold Mine after Gold Fields' lease expires in 2027 has sparked considerable public debate.

A governance expert, Dr. David Agbee, has submitted a formal policy proposal to the Ghanaian government, urging a state takeover of the Tarkwa Mine once Gold Fields' lease expires in 2027.

The Ghanaian government has indicated its commitment to renewing the mining lease for Gold Fields’ Tarkwa mine but states that the process will undergo stricter scrutiny before approval, according to a Reuters report.

Goldfields is confident of securing a favourable lease extension for its Tarkwa mine as discussions with the Government of Ghana continue ahead of the April 2027 expiration date.

The mining giant confirms it is reviewing all avenues, including potential litigation, to secure fair treatment and a renewed lease agreement for its operations at the Tarkwa site.

Gold Fields is robustly defending its bid for the renewal of its Tarkwa Mine lease, emphasizing that 74% of the mine's value remains in Ghana. The company highlights its significant economic contributions, including GH¢5.8 billion in taxes and GH¢8.8 billion in local spending, while addressing concerns from the Apinto Council.

The Ghanaian government is considering transferring control of Gold Fields' Tarkwa mine to local firms once its lease expires. This move could lead to increased local ownership in the mining sector.

Employees of Engineers and Planners, operating at the Gold Fields Tarkwa Mine in Ghana, have initiated a strike to protest the delayed payment of essential employment benefits.

Opinion leaders and youth representatives from Huniso and surrounding communities in Ghana's Western Region have rejected calls to not renew Gold Fields Ghana’s Tarkwa Mine lease, citing potential job losses.

The Apinto Divisional Council is advocating for host communities to become equity partners in Gold Fields Ghana Limited’s Tarkwa Mine, leveraging the ongoing lease renewal process as an opportunity to establish a new shared ownership model.

Ghana's Finance Minister stated that the government is reviewing Goldfields Tarkwa Mine's request for a lease renewal, with a decision expected when the current lease expires in 2027.

Engineers and Planners Company Limited (E&P) plans to invest approximately $1.2 billion in its Damang and Tarkwa mines, following its takeover from Gold Fields, and has dispatched 30 heavy-duty equipment to the sites to strengthen operations.