On its 98th Annual General Meeting

By Dr Steve Manteaw, Co-Chair, GHEITI Multi-Stakeholder Group

Accra, 5 June 2026

I stand on the established protocol to bring you warm greetings from the Ghana Extractive Industry Transparency Initiative, and I take this opportunity to express the governing body’s solidarity with the Chamber as you reflect on the contribution of mining to national development, looking at the past, the present and future prospects in a fast-changing mining ecosystem in Ghana and in the West Africa sub-region.

The Ghana Extractive Industries Transparency Initiative (GHEITI) has followed keenly the ongoing public debate on Ghana’s new mineral royalty regime, and wishes to make a few observations to set the debate in its proper perspective:

The Ghana Extractive Industry Transparency Initiative (GHEITI) on 31st December, 2025 published its 2023 reconciliation reports for mining, oil and gas. The publication brings to 31, the total number of reports published since the inception of the initiative in Ghana. The 31 reports comprise of 19 mining and 12 oil and gas reports.

The Ghana Extractive Industry Transparency Initiative (GHEITI) on June 30, 2024 published its 2021 – 2022 reconciliation reports for mining, oil and gas. The publication brings to 29, the total number of reports published since Ghana acceded to the initiative, made up of 18 mining and 11 oil and gas reports. It also closes the reporting gap which emerged following the sudden demise of the former GHEITI Coordinator, the late Bashiru Abdul Razak and which disrupted the GHEITI work programme in 2023.

Accra, 5th January, 2024

The Ghana Extractive Industries Transparency Initiative (GHEITI) wishes to bring to the attention of its key stakeholders, both state and non-state actors, and the country’s development partners, the publication of its maiden Extractive Industries Transparency Initiative (EITI) report on the Artisanal and Small-scale mining sector. The report, covering the 2020 financial year, was finalised on 30th December, 2023, and published today, 5th January, 2024 on the GHEITI web portal at https://www.gheiti.gov.gh

Accra, 14th April 2022 - The Ministry of Finance and the Ghana Extractive Industries Transparency Initiative (GHEITI) in collaboration with GIZ have launched the 2019 Reports for the Mining and Oil and Gas Sectors in Accra. The objectives of GHEITI Reports were to create the required public awareness, generate interest and debate on the issues raised in the reports, and pave way for stakeholder’s engagements on the reports as required by the Extractive Industries Transparency Initiative (EITI) Standard.

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.

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.

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.

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.