Almost US$2.6bn paid in value creation to key stakeholders, including over US$250m in taxes and royalties to our host governments
A third of our total value creation – US$782m – is with our host communities through host community employment, procurement and project investment
Almost 11,000 host community jobs are in our mine value chain – employees, contractors, suppliers and non-mining jobs
Over 675 companies, mostly SMMEs, based in our communities supply goods and services to our mines around the world
Completed our largest Shared Value project to date – tarring and rebuilding the 33km road between Tarkwa and Damang in Ghana at a cost of US$27m with significant socioeconomic benefits for about 100,000 community members
BENEFITS FOR STAKEHOLDERS AND ADDRESSING THEIR CONCERNS:
Host communities are one of Gold Fields’ most important stakeholder groups – by creating socioeconomic benefits for them through our various Shared Value programme, particularly host community employment and procurement, we create the foundation for long-term value creation in our communities that should continue beyond mine closure. Taxes and royalties – if utilised appropriately – allow governments to develop critical infrastructure for the benefit of the country as well as our host communities.
HOW OUR PROJECTS ARE POSITIVELY IMPACTING HOST COMMUNITIES
Our focus is not so much on spend, but on how our various projects deliver real impact to host community members. View these videos to learn from beneficiaries how we are making a positive difference in their lives.
Justice Mensah Kufour gives insight into what he has gained from Ghana’s Youth in Horticulture Production (YouHop) programme
Rolando Cuelle from Chile talks about how
his on-the-job experience at Gold Fields has benefited him
Members of the Hualgayoc host community in Peru detail the benefits of community job creation programmes
Our US$27m investment in tarring 33km road between Tarkwa-Damang benefits local communities
Australia publishes its first Reconciliation Action Plan (RAP)