Renewal discussions for Tarkwa mining leases under way – Gold Fields
Amid recent media reports about its Tarkwa mine lease renewal process with the Ghanaian government, JSE- and NYSE-listed diversified mining company Gold Fields has confirmed that it has, through its Ghanaian subsidiary, submitted an early application for the five Tarkwa mine leases that are due for renewal in April 2027.
The renewal is consistent with an agreement reached by Gold Fields and the government of Ghana in April 2025.
Subsequent to its lease renewal submission in November 2025, Gold Fields has held several engagements with its Ghanaian counterparts, with discussions focusing on the terms of the lease renewals.
The outcome, timing and terms of the lease renewals remain the subject of ongoing engagements with the Ghanaian government, Gold Fields assures shareholders, adding that it remains committed to both the Tarkwa mine and its continued operation in Ghana.
“Given the company’s experience of delivering safe and responsible mining operations, employment creation and partnerships in Ghana, together with its global technical expertise and investment capacity, Gold Fields believes it is well positioned, subject to the outcome of the renewal process, to continue operating and growing the Tarkwa mine beyond the current life-of-mine,” the company says.
Gold Fields will provide further updates on the Tarkwa lease renewals should any material developments arise.
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