The amount was the prize money for the four-day golf competition which ended at the Damang golf course in Tarkwa last Saturday.
Barnni, who is also a staff of Gold Fields Ghana, became the first golfer to successfully defend the PGA trophy since it was introduced five years ago.
Making the presentation in the presence of other board members of the company, the Executive Vice President and head of Gold Fields West Africa , Mr Alfred Baku, said he was proud of the feat chalked up by the golfer, describing it as an effort worth celebrating.
He said Bernni displayed exceptional skill and his persistent effort in the game paid off which was evident in the handicap 9 he scored.
Barnni, who started his career as a caddie, expressed gratitude to the company for the gesture and later told the Daily Graphic that the victory was the beginning of bigger things to come, having previously won competitions such as the Abidjan, Gabon, Asantehene, Ghana and Tema Opens.