Gold Fields Ghana Foundation Financials

Financials

Total social investment and shared value in our host communities

The Gold Fields Ghana Foundation has invested over US$100m in development projects and programmes since 2004.

Foundation spend

Foundation spend (2004 – January 2024)

Enterprise development

US$6.9m

Infrastructure development

US$68.8m

Education

US$9.7m

Training

US$3.6m

Conservation and environment

US$1.0m

Arts and culture

US$0.1m

Health and wellbeing

US$6.2m

Sports

US$1.6m

Charitable giving and gifts (in kind)

US$2.2m

Funding formula for the Foundation

US$1/oz + 1.5% of pre-tax profit

Contributions from the Tarkwa and Damang mines, based on their production profitability. US$1 for every ounce of gold produced and 1.5% of the mines’ profits before tax.