Gold mining company, Gold Fields, has presented to government a dividend of Ghs 120,669,348.68 representing government’s 10 percent shareholding in the firm.
The payment of the dividend covering the 2020 fiscal year, excludes other financial commitments the mining firm has already fulfilled which include payment of the 35 percent corporate tax, royalties and corporate social responsibilities to communities within its operational areas.
Presenting the cheque of Ghs 120.6 million to the Minister for Lands and Natural Resources, Samuel Abu Jinapor, Mr Baku of Gold Fields pledged the company’s support to government and partner it towards accelerating national development in their respective interests.
He also used the opportunity to congratulate the Minister for his approval by Parliament and the subsequent swearing into office by the President.
On his part, Mr Abu Jinapor said it was heartwarming and refreshing to receive dividends from a mining firm at a time the world is facing the COVID-19 pandemic.
The Minister further lauded Gold Fields (Tarkwa Mine), for showing good faith and staying true to its responsibility, and urged other large-scale mining firms to follow suit.
He also re-affirmed government’s unflinching support to Goldfields and pledged to partner it in realising the national agenda of eradicating extreme poverty and creating wealth for all.
