Skip to main content

Ntotrosohene Praises Newmont Ahafo Mine for Fulfilling CSR Commitments

 The President of the Ahafo Regional House of Chiefs, Barimah Twereko Ampem II, has lauded Newmont Ahafo Mine for honoring its Corporate Social Responsibility (CSR) commitments to its host communities.

Speaking during a working visit by the Parliamentary Select Committee on Lands and Natural Resources to Newmont Ahafo South Mine, Barimah Twereko Ampem II commended the company's efforts in ensuring good community relations and implementing sustainable development projects.

Sustainable Development Projects
The company has successfully executed several projects, including the Ntotroso Nursing and Midwifery College, the Ntotroso Senior High School, the Police Training Centre at Kenyasi Number One, and a satellite campus of the University of Energy and Natural Resources (UENR) at Kenyasi Number Two. Barimah Twereko Ampem II noted that the Ntotroso Nursing and Midwifery College has produced over 500 nurses serving in various health institutions across the country.

We insisted that 50% of each academic year's students intake of the Ntotroso Nursing and Midwifery College must come from the Ntotroso town, and through that Ntotroso can boast of about 500 nurses serving in various health institutions across the country." - Barimah Twereko Ampem II

Community Engagement
The chiefs have been instrumental in introducing the Newmont Apprenticeship Programme, which has trained many youth from the company's host communities in critical areas of mining. Barimah Twereko Ampem II emphasized the excellent relationship between the company and the chiefs, saying that whenever issues arise, they are addressed through dialogue.

Whenever our people are unhappy about some aspects of their operations, and we (the chiefs) summon the company's officials, they listen to us, and adhere to our counsel, and through that we chart a common course." - Barimah Twereko Ampem II

chief ntortroso, Newmont

Challenges and Support
The General Manager of Newmont Ahafo South Mine, Alex Kofi Annim, highlighted the challenge of illegal mining and appealed for support from the Committee, government, and stakeholders to address the issue.

He said Newmont Ahafo Mine had, since its operations in 2006, produced approximately 9.6 million ounces of gold, and currently has a workforce of about 5,581 (both direct employees and workers of contractors working for the company)

 The General Manager also disclosed that taxes paid to the government to date amounted to over $2.29 billion

Comments

Popular posts from this blog

Fitch Solutions retains 2025 growth rate projection at 4.2%

 Fitch Solutions has reaffirmed its projection that Ghana’s economy will expand by 4.2% in 2025. This estimate slightly exceeds the International Monetary Fund’s forecast of 4% and the World Bank’s projection of 3.9%. The UK-based research firm attributes its outlook to historically high gold prices, which are expected to cushion the Ghanaian economy against a global slowdown triggered by rising tariffs. Higher gold prices are anticipated to strengthen government revenue, enhance foreign exchange earnings, and help sustain currency stability. The report also highlights that Ghana is relatively less vulnerable to increasing trade restrictions from the United States, given that its primary exports—gold and crude oil—are not directly affected by the tariffs introduced by President Trump’s administration. Moreover, the US constitutes only about 4% to 5% of Ghana’s total exports. In contrast, Ghana’s trade relations are more heavily oriented toward China and European countries, particul...

BoG injects $20m into FX market to support 11 BDCs

  The Bank of Ghana (BoG) has injected $20 million into the foreign exchange market in the latest round of its forward FX auction targeted at Bulk Oil Distribution Companies (BDCs). The intervention, which benefited eleven BDCs, is part of the central bank’s broader strategy to stabilise the cedi and ensure price stability in the petroleum downstream sector. Held on Tuesday, April 29, the auction was priced at a locked exchange rate of GHS 14.28 to the US dollar, with bid offers ranging from GHS 13.85 to GHS 15.55. This move reflects the BoG’s continued effort to deepen forex liquidity and safeguard the domestic fuel supply chain against volatility in global energy markets. By directly supplying FX to BDCs, the central bank seeks to ease pressure on the interbank market, guarantee the uninterrupted flow of petroleum products, and mitigate the pass-through effects of exchange rate fluctuations on fuel prices. The $20 million disbursement forms part of a $120 million programme for th...

Kenpong Travel & Tours Champions Breast Cancer Awareness During Customer Week

  As part of activities to mark Customer Week, Kenpong Travel & Tours, a leading travel agency in Ghana, is joining the global fight against breast cancer. October is Breast Cancer Awareness Month, and the company is passionate about spreading hope and support to those affected. At Kenpong Travel & Tours, we believe that travel and exploration can be therapeutic and empowering. That's why we're committed to supporting our customers and the broader community in the fight against breast cancer. We're proud to stand in solidarity with breast cancer warriors and survivors. At Kenpong Travel & Tours, we believe that everyone deserves a chance to explore the world and create unforgettable memories. Let's prioritize health, support one another, and fight against breast cancer," said Kennedy Agyapong, CEO of Kenpong Travel & Tours. Our efforts are focused on raising awareness, promoting early detection, and supporting those affected by breast cancer. We urg...