Audio By Carbonatix
Newmont Mining Corporation, the parent company of Newmont Ghana, has become the first gold mining company selected to the prestigious Dow Jones Sustainability World Index (DJSI World) for the seventh consecutive year.
The 2013 DJSI World – Dow Jones' premier sustainability index – includes 333 global companies identified as leaders in the areas of sustainable economic, environmental and social performance.
In 2007, Newmont became the first gold company included in the DJSI World and also has been included on the DJSI North America Index every year since 2006.
DJSI World tracks the performance of 2,500 leading companies worldwide, independently evaluating their long-term economic, environmental and social performance. The top 10% of performers are selected from among 59 industry groups.
“I am pleased once again, that our employees have demonstrated commitment to our vision, mission and values, which again has led to the recognition from such a reputable, independent organisation as the DJSI World”, said Dave Schummer, Regional Senior Vice President for Africa Operations.
.
"Thanks to the efforts of Newmont Ghana’semployees and those from other Newmont operations around the worldforcollaborating with stakeholders to increase the shared value we create through our operations,” he added.
In 2006, Newmont Ghana in partnership with 10 communities around the Ahafo mine area signed an agreement to contribute US$1 per ounce of gold sold and 1% of annual net profit from its mining operation into a Fund for sustainable development of the company’s host communities.
The Fund, the Newmont Ahafo Development Foundation (NADeF), has so far accumulated about US$17 million for sustainable development projects including community libraries, schools, teachers’ quarters, micro-credit schemes and scholarships. A similar foundation is being set up to fund sustainable development programmes in host communities around the Akyem Project.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Imprisonment should be rehabilitative, not punitive – Ghana Prisons boss at UNGA
9 minutes -
Ga Adangbe traditional priests petition Mahama over McDan aviation licence revocation
20 minutes -
Anti-LGBTQ Bill: NDC’s arrogance is worrying – Hassan Tampuli
30 minutes -
Let’s give OSP time to mature, not to scrap it – Hassan Tampuli
34 minutes -
Nigeria convicts 386 Islamist militants in mass trials
39 minutes -
Djibouti president wins election with 97.8% of vote, state media saysÂ
44 minutes -
We don’t have mandate to deduct tax from rent allowance of security services personnel – Interior Ministry clarifies
58 minutes -
Ablakwa receives Presidential Special Envoy on Reparations to advance global agenda
1 hour -
Christina Koch becomes first woman to travel around the moon on Artemis II
1 hour -
Epstein survivors’ calls to meet King Charles and Queen harder to ignore as US visit approaches
2 hours -
UN Secretary-General names Ghana’s Anita Kiki Gbeho as South Sudan envoy
2 hours -
Mali withdraws recognition of Sahrawi Republic, backs Morocco’s autonomy plan
2 hours -
Gov’t distributes over 8,500 laptops to One Million Coders project
2 hours -
Julius Debrah, ‘man to beat’ as NDC’s James Agbey dismisses Musah Dankwah’s polls
2 hours -
GPRTU in Savannah Region to protest alleged eviction in Damongo
2 hours