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Goldfields Ghana has presented a cheque of Gh¢120.7 million as dividend for the 2020 financial year.
The amount is government’s carried interest in the Tarkwa and Damang goldfields, which is operated by the mining company.[ads2]
This fulfils the mining law of the country which which states that government owns ten percent of the free-carried interest in large-scale mining companies in the country.[ads3]
The cheques was presented by the leadership of Goldfields Ghana to finance ministry.
A statement from Goldfields reads, “Today, our Tarkwa Mine has paid GHS120.7m to the Government of Ghana as its portion of dividend declared for the 2020 financial year.”[ads4]
“Under Ghana’s mining laws, the state owns 10% free-carried interest in large-scale mining companies in the country. Gold Fields pledges to support the government, as well as strengthen engagements and collaborations for our mutual interests.”[ads5]