Ghana Considers Transferring Control of Tarkwa Gold Mine When Gold Fields' Lease Expires in April 2027

According to Bloomberg, Ghana is considering transferring control of the Tarkwa gold mine from Gold Fields Ltd. to a local enterprise when the lease expires in April 2027, as part of efforts to strengthen the country's grip on its gold industry.

Sources indicate that if the government proceeds, Ghanaian mining companies would submit bids for evaluation, while authorities are also weighing options to extend Gold Fields' lease. The government will prioritize bidders' commitments to environmental restoration, local employment, and community infrastructure development.