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Press Release: Ghana Launches 2017/18 EITI Mining & Oil/Gas Reports |
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Accra, March 11, 2020.
The Ministry of Finance and the Multi-Stakeholder Group (MSG) of the Ghana Extractive Industries Transparency Initiative (GHEITI) have produced and will today, formally launch the country’s 2017/18 Mining and Oil/Gas EITI reports, published on December 31 st , 2019. The MSG is a tripartite body made up of Government, Industry and Civil Society, with the responsibility of steering the affairs of Ghana’s EITI. The mining report brings to fourteen (14), the total number published since Ghana acceded to the initiative in 2003. For oil and gas, the 2017/18 repot is the seventh (7 th ) since the initiative was expanded to cover the sector.
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BENEFICIAL OWNERSHIP FOR MINING SECTOR 2017-18 REPORTS |
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GOLD FIELDS (GH) LTD TARKWA & DAMANG
Gold Fields (Gh) Ltd and Goldfields Abosso Ltd own 90% stake in their respective mines. They are both wholly owned by Gold Fields Ghana Holdings (BVI) which is also an indirect subsidiary of Gold Fields Limited, South Africa. Ghana Government retains the remaining 10% stake. Gold Fields (Gh) Ltd S.A has a primary listing on the Johannesburg Stock Exchange (JSE:GFI), with secondary listings on the New York Stock Exchange (NYSE:GFI”), NASDAQ Dubai Ltd (GFI) , Euronext (“ NYX:GFLB”) in Brussels and the Swiss Exchange.
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Consultancy Services To Develop Ghana Extractive Industry Transparency Initiative (GHEITI) 2017/18 Reconciliation Reports |
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MINISTRY OF FINANCE
CONSULTANCY SERVICES TO DEVELOP GHANA EXTRACTIVE INDUSTRY TRANSPARENCY INITIATIVE (GHEITI) 2017/18 RECONCILIATION REPORTS (FIRM SELECTION) REQUEST FOR EXPRESSION OF INTEREST (EOI) PACKAGE NUMBER: GH-EITI-112471-CS-CQS
BACKGROUND
The Extractive Industries Transparency Initiative (EITI) is a global standard for improving transparency and accountability in the oil, gas and mining sectors.
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Press Release – 1st October, 2018: Ghana launches 2016 EITI and Commodity Trading Pilot Reports |
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Accra, October 1, 2018. The Ministry of Finance and the Multi-Stakeholder Group (MSG) of the Ghana Extractive Industries Transparency Initiative (GHEITI) have produced and will formally launch the country's 2016 mining, oil and gas EITI audit and Commodity Trading Pilot reports, published on August 30th, 2018.
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COMMITTEE TO OVERSEE ALLOCATION OF OIL BLOCKS INAUGURATED |
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The Ministry of Energy has inaugurated a committee to oversee the allocation of oil blocks to local and international companies through proper evaluation and negotiation. The committee is made up of 23 members, drawn from the Ministry of energy, Ghana National Petroleum Corporation (GNPC), Environmental Protection Agency (EPA), Ghana Revenue Authority (GRA), Ministry of Finance, Attorney-Generals Department, Petroleum Commission and the Ghana Maritime Authority.
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