Gold Fields Limited is facing a major operational halt as the government has refused to extend the mining giant’s Damang lease, which expires on April 18, 2025.
According to the Minerals Commission, the company failed to follow clear instructions to engage with the Commission, a critical step required before considering lease renewal.
Speaking on the Citi Breakfast Show, Isaac Tandoh, Deputy Chief Executive Officer of the Minerals Commission, disclosed that the company bypassed an important government directive.
“When we met the minister, he said that we cannot continue this as business as usual, we need to get value for money.
“So, if you have any better proposition for Ghanaians, go and sit with the Minerals Commission, but that has not happened. Instead they were writing letters to the minister here and there. It was a clear instruction,” he revealed.
Tandoh further expressed frustration at Gold Fields’ approach, suggesting that their actions undermined the process.
“We asked them to go and see the Minerals Commission if they had a better proposition for Ghana but they have not done that. Instead, they were writing letters and, I’m sure it will come up and you will see the tone they used,” he said.
While the government’s directive was firm, Gold Fields, in a statement, maintained that it is still open to dialogue.
“The Company continues to seek ongoing engagement with the Government to secure the best outcome for all stakeholders,” the statement read.
