Business Times Issue 105 | Gold Fields Ghana | Oct 24

GOLD FIELDS GHANA
IMPLEMENTING
REVOLUTIONARY
MINING TECHNOLOGY
IN ORDER TO BOOST
EFFICIENCY
BUSINESS TIMES

GOLD F
GHA
RESOURCES
2 BUSINESS TIMES MAGAZINE OCTOBER 2024

FEATURE
IELDS
NA
BUSINESS-TIMESMEDIA.COM
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MINING RESOURCES
4 BUSINESS TIMES MAGAZINE OCTOBER JULY 2024 2024

FEATURE
GOLD FIELDS GHANA:
IMPLEMENTING
REVOLUTIONARY
MINING TECHNOLOGY
IN ORDER TO BOOST
EFFICIENCY
Project by:
Malvern Kandemwa
Words by:
Michelle Duncan
Ghana is a country found in West
Africa that is globally known for its
gold production. The mining industry
has played a critical role in
the country’s economy for centuries,
and Ghana Gold Fields is one
of the leading gold mining companies
in the region. The company
has been running in Ghana since
1993, and it has employed over
5,000 people who are directly and
indirectly involved in its operations.
It has implemented various strategies
that have contributed to its
success. One of the driving forces
behind this success has been the
leadership of their regional head of
supply chain, Mr Joshua Mortoti.
Mr Mortoti has been an instrumental
figure at the company, implementing
measures that have
significantly contributed to the
success of the company’s operations.
His leadership qualities have
been essential in easing the company’s
supply chain and ensuring
that the company has the resources
it requires to run efficiently.
The supply chain management
process of any company is crucial
to its success, and Mr Mortoti has
been able to streamline this process
effectively. He has implemented
efficient inventory management
systems, reduced lead times
and delivery durations, and improved
the quality of the company’s
supplies. With his leadership,
Gold Fields Ghana has been able to
keep its operational efficiency and
remain competitive in the mining
industry.
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RESOURCES
One of the most significant challenges
that mining companies
face is environmental compliance.
Gold Fields Ghana has consistently
implemented environmental
best practices to mitigate
the impact of their mining activities.
The company’s partnership
with Knight Piesold Ghana limited
has been crucial in this regard.
Knight Piesold Ghana Limited is
an engineering and environmental
consulting company that supplies
environmental services to
various industries, including mining.
The firm has been a valuable
partner of Gold Fields Ghana,
supplying innovative solutions to
environmental challenges, and
improving the company’s environmental
performance.
Additionally, the partnership has
enabled Gold Fields Ghana to follow
local and international standards
and regulations on environmental
compliance. Knight
Piesold Ghana limited has also
provided the company with insights
and knowledge about best
practices in environmental management,
thus helping the company
to stay ahead of its peers.
GOLD FIELDS GHANA
HAS CONSISTENTLY
IMPLEMENTED
ENVIRONMENTAL BEST
PRACTICES TO MITIGATE
THE IMPACT OF THEIR
MINING ACTIVITIES. THE
COMPANY’S PARTNERSHIP
WITH KNIGHT PIESOLD
GHANA LIMITED HAS BEEN
CRUCIAL IN THIS REGARD.
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BUSINESS TIMES MAGAZINE OCTOBER 2024

ABOUT KNIGHT PIESOLD GHANA
Knight Piésold Ghana Limited was Incorporated
in 1996 and since that time has provided specialist
Engineering, Environmental, Geosciences and
Materials Testing services to the Mining sector
within Ghana and neighboring West Africa
countries.
The Knight Piésold group, of which Knight
Piésold Ghana is part, is an international company
of consulting Engineers and Environmental
scientists providing services to public and private
sector clients in the Water, Power, Mining and
Environmental fields.
We work closely with our clients, understanding
unique project characteristics within the context
of today’s global business environment. With
a commitment to quality, safety and technical
excellence, Knight Piésold specializes in creating
customized solutions at every stage of a project
life cycle, while delivering sustainable, bottomline
results. We have led numerous award-winning
projects to completion and have fostered many
long-term client relationships that hold strong today.
OUR EXPERTISE
Engineering: Geotechnical Engineering; Water
Resources Engineering; Structural Engineering
Environmental: Baseline Studies; Water Quality
Studies; Environmental Management Plans and
Monitoring; Environmental and Social Impact
Studies; Closure and reclamation; Environmental
Auditing; Water Quality Studies; Social Studies and
Community Engagement
Geosciences: Hydrology, Hydrogeology;
Geochemistry
Management and Testing: Construction
Supervision and QA/QC; Soils and Materials
Testing; Geographic Information System; Data
Management; Project Management
www.knightpiesold.com
Knight Piésold Ghana Ltd.
House No.20 2nd Close
Airport Residential Area
P.O Box C4122 Cantonments Accra
+233 30 702 1155
accra@knightpiesold.com
anketiah@knightpiesold.com

RESOURCES
MINING
OPERATIONS
Ghana Gold Fields’ mining operations
have played a vital role in the
company’s success in the region
over the years. The company has
two mining projects in Ghana: The
Tarkwa Mine and the Damang
Mine. The Tarkwa Mine is one of
the largest gold mines in Africa,
and it has been in operation since
1997. The Damang Mine is in the
Western Region of Ghana, and it
has been in operation since 1998.
The company aims to produce
over 1 million ounces of gold each
year, and it has invested heavily
in modern mining techniques to
achieve this goal.
THE COMPANY AIMS TO
PRODUCE OVER 1 MILLION
OUNCES OF GOLD A YEAR
TECHNOLOGY
TRANSFORMATION
The Ghana Gold Fields Mining
Company has invested heavily in
advanced mining technologies
to enhance productivity and efficiency,
reduce costs, and improve
safety for its employees.
The company has implemented
ultramodern mining equipment
and instrumentation such as GPS,
robotics, and automation, which
has led to better tracking and
management of mining activities.
The company uses autonomous
haul trucks, which can work
24/7 without the need for breaks
or drivers. This technology has
significantly reduced accidents
and improved productivity in the
mines. The company has also deployed
drones and other remote
sensing technologies, making it
possible to find and address issues
in real-time. This also helps
with mapping and surveying the
mines. The drones enable the
company to check its operations
in real-time and collect data that
is used to better understand its
overall operational excellence.
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FEATURE
SUSTAINABILITY
Sustainability is a major part of
Ghana Gold Fields Mining Company’s
vision. The company has
adopted sustainable practices to
ensure responsible, ethical, and
environmentally friendly mining
operations. The company has implemented
measures to minimize
its carbon footprint and reduce
greenhouse gas emissions. It has
invested in renewable energy
systems such as solar panels and
wind turbines to reduce dependence
on fossil fuels. The company
also fosters good relationships
with local communities by
investing in their socio-economic
development through education,
healthcare, and other initiatives.
SOCIAL
RESPONSIBILITY
Gold Fields Ghana is also committed
to creating value and improving
the lives and communities
of its stakeholders. As part of
its corporate social responsibility
(CSR) strategy, the company has
implemented various initiatives
and projects aimed at improving
the social and economic well-being
of the communities in which
it works.
One of the key areas of focus of
their CSR strategy is community
development. The company has
set up a dedicated Community
Development Department (CDD)
tasked with implementing development
projects in collaboration
with community leaders and other
stakeholders. The CDD uses a
participatory approach to engage
communities in the identification
and prioritization of development
needs, ensuring that projects are
aligned with the needs and aspirations
of the people.
Another important aspect of the
CSR strategy is environmental
stewardship. The company has
implemented a comprehensive
environmental management system
aimed at minimizing the impact
of its operations on the environment.
They have invested in
various initiatives aimed at reducing
its carbon footprint, including
the use of renewable energy
sources, such as solar and wind
power.
Gold Fields is also committed to
promoting responsible mining
practices. The company has implemented
measures aimed at
improving occupational health
and safety, such as the provision
of personal protective equipment
to all employees and regular training
on health and safety issues.
They also have a strong commitment
to ethical conduct and have
implemented various anti-corruption
measures to ensure that
its operations are conducted in a
transparent and ethical manner.
THE COMPANY HAS SET UP
A DEDICATED COMMUNITY
DEVELOPMENT
DEPARTMENT (CDD)
TASKED WITH
IMPLEMENTING
DEVELOPMENT PROJECTS
IN COLLABORATION WITH
COMMUNITY LEADERS...
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MINING RESOURCES
In addition to the above, Gold
Fields Ghana has implemented
various initiatives aimed at improving
the quality of life of its
employees and their dependents.
The company supplies a range of
social services to its employees,
including health and medical
services, education and training
opportunities, and other welfare
services aimed at improving their
well-being.
Overall, Gold Fields’s CSR strategy
is aimed at creating a sustainable
future for both its stakeholders
and the wider Ghanaian society.
Through its various initiatives and
projects, the company is showing
its commitment to ethical conduct,
environmental stewardship,
and community development,
which are all critical to the longterm
success of its operations. As
such, this is setting the standard
for responsible mining practices
in Ghana and beyond.
The success of Gold Fields Ghana
operations is attributed to several
factors, including the leadership
of Mr Joshua Mortoti and strategic
partnerships like Knight Piesold
Ghana limited. The company’s
supply chain management
process has been streamlined,
and environmental compliance
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BUSINESS TIMES MAGAZINE OCTOBER 2024

FEATURE
has been prioritized, contributing
to the sustainability of the company’s
operations. As the mining
industry in Ghana continues to
grow, Gold Fields Ghana will undoubtedly
continue to be a significant
contributor to the development
of the country’s economy.
FIND OUT MORE ABOUT
GOLD FIELDS GHANA
GOLDFIELDS-GHANA.
COM
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Gold Fields Ghana
goldfields-ghana.com
No. 7 Dr Amilcar Cabral Road,
Airport Residential Area,
PO Box KA 30742
Airport Accra, Ghana
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