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(PDF) Corporate Social Responsibility of Mining Companies in Ghana…

Corporate Social Responsibility of Mining Companies in Ghana: The case of Newmont Ghana Gold Limited at Ahafo . × ... The case of Newmont Ghana Gold Limited at Ahafo. Daniel Ansah. 2015, Journal of Social and Development Sciences ...

Newmont Adds Profitable Gold Production through …

April 20, 2017. DENVER -- (BUSINESS WIRE)-- Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) announced plans to extend profitable production at …

Operations & Projects

Newmont obtained the mining lease for Akyem in 2010 and began commercial production in 2013. In 2017, the Ghana Investment Promotions Center (GIPC) named Akyem the best company in Ghana for the second consecutive year. The Akyem mine operates within 10 host communities in the Birim North District of Ghana's Eastern Region namely: …

Socio economic impact study report on Newmont Ghana Ahafo Mine …

The report of a study undertaken by an independent international research team on the socio-economic impact of the operations of Newmont Ghana Gold Limited (NGGL) in the Brong Ahafo region was launched in Accra today The Report describes the socio-economic impact of Newmont Ghana Gold Limited's (NGGL) Ahafo Mine on the communities in …

Newmont Pays Over GHS 800 Million as Q1 Taxes to Government of Ghana

Accra, 22nd May 2023 – Newmont Africa has announced that, in the first quarter of 2023, its Ghana operations (Ahafo South and Akyem mines) paid a total of GHS 843.72 million in taxes, royalties, and levies to the Government of Ghana, through the Ghana Revenue Authority (GRA), Forestry Commission, and Ministry of Finance. This amount is broken …

Africa | Newmont Corporation – Operations & Projects

Operations. Commercial production at Ahafo began in 2006; it operates both surface and underground mines. Ahafo has two primary ore zones: Ahafo South and Ahafo North. Newmont obtained the mining lease for Akyem in 2010 and began commercial production in 2013. In 2017, the Ghana Investment Promotions Center (GIPC) named Akyem the …

Newmont Mining Corporation: The growth of mining in Ghana

This merger gave Newmont complete ownership of two mining projects in Ghana, Ahafo in the Brong Ahafo region and Akyem, located in the Birim North District. Both of Newmont's mines are in commercial operation, with Ahafo producing around five million ounces of gold since production began in 2006 and Akyem producing …

The Impact of Mining on the Water Resources in Ghana: Newmont …

Mining activities accelerate the rate and degree of changes in the natural environment. These activities modify landscapes and can have long-term pollution impacts on communities and water resources d ... "The Impact of Mining on the Water Resources in Ghana: Newmont Case Study at Birim North District (New Abirem)," Energy and …

Newmont Ghana

Newmont's Ahafo mine is located along the Sefwi Volcanic Belt, a northeast-southwest trending volcanic belt in western Ghana. Ahafo is in the Brong Ahafo region, approximately 307 Kilometers northwest from the national capital city of Accra. Commercial production at Ahafo began in 2006. Ahafo has two primary ore zones: Ahafo South and Ahafo ...

Newmont approves development of Ghana's Ahafo North …

The development of the gold project is estimated to cost between $750 and $850m. Newmont president and CEO Tom Palmer said: "I am pleased to announce the approval of full funding for the Ahafo North Project, expanding our existing footprint in Ghana and adding more than three million ounces of gold production over an initial 13 …

Newmont Corporation

Newmont Ghana remains committed to providing fair and just compensation to eligible individuals projected to require relocation 01/16/2020 Kenyasi - January 16, 2020 - Newmont Ghana's Ahafo mine has reiterated its commitment to sustainable and responsible mining and says it will continue to carry out mitigation efforts in compliance …

Operations & Projects

Overview. Newmont's Ahafo mine is located along the Sefwi Volcanic Belt, a northeast-southwest trending volcanic belt in Ghana. The mine is in the Ahafo region, approximately 307 Kilometers northwest from the national …

Operations & Projects

Location: 307 kilometers northwest of Accra, Ghana Mine Type: Surface Metals Mined: Gold Annual Gold Production*:643 attributable Koz Date of First Production:2006 * as of December 2019. ... Newmont's presence in Ghana includes the Ahafo mine in the Ahafo region and the Akyem operation in the Eastern region near New Abirem.

Newmont's Ahafo Mill in Ghana Achieves Commercial …

The Ahafo Mill Expansion in Ghana achieved commercial production, on schedule and within budget for approximately $175 million. Combined with the Subika Underground, which was successfully completed in November 2018, the mill expansion is expected to increase Ahafo's average annual gold production to between 550,000 and …

Implementing the Ahafo Benefit Agreements: Seeking …

COMMUNITY PARTICIPATION AT NEWMONT'S AHAFO GOLD MINE IN GHANA. EXECUTIVE SUMMARY. 1. Introduction. In 2008, ten communities in the Brong Ahafo region of Ghana entered into agreements with Newmont Ghana Gold Ltd (Newmont Ghana), who had already begun mining in the area. The agreements included promises …

Newmont Ghana's Ahafo North Project approved for execution …

Located north of Newmont Ghana's existing Ahafo South operations, the Ahafo North Project will include five open pit mines and the construction of a stand-alone mill. Production from the mine will average approximately 275,000 to 325,000 gold ounces with projected capital costs estimated to be between $750 to $850 million.

Newmont Ghana is now Newmont Goldcorp …

Ghana's leading gold producer, Newmont Ghana is now known as Newmont Goldcorp. The name change follows a successful merger between its parent company, Newmont Mining Corp. and …

Newmont Ghana appoints new Regional Vice President 96 African Operations

Business News of Tuesday, 17 May 2011. Source: GNA Newmont Ghana appoints new Regional Vice President 96 African Operations

Newmont Africa's Ahafo South Mine Recognized for …

For the second year running, Newmont Africa's Ahafo South mine has been recognized for exceptional performance in its decarbonization efforts, receiving carbon credit recognition recently from Kal Tire for saving 121 tCO2e (120,518 kg) through retreading and avoiding the use of 3,896 liters of oil in 2022. As responsible stewards of …

IMPLEMENTING THE AHAFO BENEFIT AGREEMENTS: …

COMMUNITY PARTICIPATION AT NEWMONT'S AHAFO GOLD MINE IN GHANA EXECUTIVE SUMMARY 1. Introduction In 2008, ten communities in the Brong Ahafo region of Ghana entered into agreements with Newmont Ghana Gold Ltd (Newmont Ghana), who had already begun mining in the area. The agreements included promises by the …

CHAPTER 1 INTRODUCTION

2005). In 2002, mines in Ghana produced 2,241,125 ounces of gold, down 8 percent from production experienced in 2000. The Ghana Minerals Commission reports that revenues …

Ghana government and Newmont Mining conclude investment agreement

The Government of Ghana and Newmont Mining Corporation have announced the completion of the re-negotiation of Newmont Ghana's Investment Agreement following good-faith negotiations. The objective of the re-negotiation was to ensure that all major stakeholders, including the people of Ghana, mining companies …

Newmont Corporation

Newmont is the world's leading gold company and a producer of copper, silver, zinc and lead. The Company's world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Newmont is the only gold producer listed in the S ...

Newmont pays GH¢2.76bn as 2022 full-year tax to Government of Ghana

Newmont Africa has announced that its Ghana operations (Ahafo South and Akyem mines) paid a total of GHS 2.76 billion in taxes, royalties, levies, and carried interest to the Government of Ghana in 2022, through the Ghana Revenue Authority, Forestry Commission, and Ministry of Finance. For the full year (2022), Newmont Africa …

The Socio-Economic Impact of Newmont Ghana Gold …

the gold mine operated by Newmont Ghana Gold Limited (NGGL) in the Brong-Ahafo Region of Ghana. It examines these impacts both on the local community and the nation …

Newmont Ghana completes first gold sale to Bank of Ghana

June 16, 2022. Reading Time: 1 min read. Dave Thornton, Regional Senior Vice President-Newmont Africa. Newmont Ghana has successfully sold 3,500 Koz of gold to the Bank of Ghana, the nation's central bank, in its first domestic gold purchasing programme. "We are very excited to be part of this historic transaction and to be able to ...

Newmont approves $850m Ghana gold development

Bullion major Newmont on Thursday announced the approval of a new $750-million to $850-million gold project in Ghana, which would create about 1 800 jobs at the …

Fulfilling corporate social responsibility, Newmont's …

Newmont's CSR programmes are built on a commitment, that the company made in December 2005 that US$1 per ounce of gold sold and 1% of net profit from the Ahafo Mine would be set aside and put into a Community Development Fund for sustainable community development. The Ahafo Social Responsibility Forum (ASRF) …

Newmont Corporation

Newmont Ghana remains committed to providing fair and just compensation to eligible individuals projected to require relocation 01/16/2020 Kenyasi - January 16, 2020 - Newmont Ghana's Ahafo mine has reiterated its commitment to sustainable and responsible mining and says it will continue to carry out mitigation …

Newmont suspends operations at Ghana mine after six …

Newmont operates two mines in Ghana, including Ahafo, which began commercial production in 2006 and is located some 300 km (190 miles) northwest of the capital, Accra. Its second mine, Akyem, in ...

Mining with Community Development: The …

The NADeF has proved to be a success. It generates about $4million annually to support the development of the "mine-take" communities. Beyond financial commitments, NADeF has set-up SDCs …

Newmont Mining Corporation: The growth of mining in Ghana

Newmont established its presence in Ghana in 2002 through the acquisition of Normandy Mining of Australia along with Franco-Nevada of Canada. This …

Newmont Ghana committed to improving lives and mitigating impacts

Newmont operates two gold mines in Ghana: the Ahafo mine in the Brong-Ahafo Region and the Akyem mine in the Eastern Region. The company currently employs approximately 5,000 employees and contractors. Newmont is the only gold company listed in the S&P 500 index and in 2007 became the first gold company selected to be part of …

Newmont Corporation

Company urges return to good-faith dialogue to resolve issues. New Abirem, 24th July, 2018 – Newmont Ghana reiterates its commitment to honouring its obligations with stakeholders near its Akyem operation in full compliance with the Ghana's Mining and Minerals Law regarding compensation and land access, as well as international best …

Operations & Projects

Location: 307 kilometers northwest of Accra, Ghana Mine Type: Surface Metals Mined: Gold Annual Gold Production*:643 attributable Koz Date of First Production:2006 ... on this page. Attributable performance …