The Newmont Ahafo Development Foundation (NADeF) has
received over Gh₵9.3million from Newmont Ghana Gold Limited (NGGL) as the
company’s 2012 contribution to the Foundation.
The mining giant has contributed a total Gh₵28.9million
($17million) to NADeF since its establishment in 2008 – Newmont contributes
$1.00 per ounce of gold produced and one per cent of its annual net profit to
the Foundation.
“The fulfilment of this promise shows Newmont’s
commitment to supporting sustainable community development among the host
communities”, said Paul Sowley, the General Manager of Environment and Social
Responsibility of Newmont Ahafo Mine.
The support targets ten communities in the Asutifi North and Tano
North Districts.
The NADeF has
six main thematic areas of development, including Human Resources Development,
Economic Empowerment, Infrastructural Development and Social Amenities. Others
are Cultural Heritage and Sports, and Protection of Natural Resources.
The Foundation has completed and handed over about 43 infrastructural and social
amenities including
community libraries, teachers’ and nurses’ quarters,
ICT centres and schools.
Members of the communities have also
benefited from scholarship and apprenticeship programmes, accessed micro credit
and support for business start-up.
Board Chairman of NADeF, Kwame Saarah-Mensah, has
expressed appreciation to Newmont in fulfilling its commitment to development
in the Ahafo communities.
“Ahafo especially the communities under NADeF can
attest to the positive development as a result of the establishment of the
Foundation by Newmont and the Ahafo Community,” he said.
A component Fund
is invested as an endowment to help continue development projects after life of
the mine.
Story by Kofi Adu Domfeh
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