
Audio By Carbonatix
Asantehene, Otumfuo Osei Tutu the second is asking multi-national mining companies in Ghana to engage more local professionals.
Mining firms have often been criticized for engaging Ghanaians only for what is considered menial jobs.
Otumfuo is convinced the country has the requisite technical capacity for her citizens to be given equal opportunity.
He was speaking at the commissioning of the first phase of Asanko Gold Mines at Obotan in the Amansie West District.
The mine opens at a time when unstable gold prices have serious implication for operational projections, forcing some firms to either shut down or downsize.
The company has kicked-start its corporate social responsibility program in earnest as 200 indigenes of Obotan and Manso Nkran in the catchment area of the mine have been introduced to various empowerment initiatives.
Asanko Gold Mine has trained these locals in vocational and financial literacy programs.
Plumbing, Electric and Masonry produced handled the resettlement program for the affected communities.
Chief Executive Officer, Peter Breese explains this demonstrates the company’s commitment to supporting the livelihoods of its partnering communities.
"Even before the company produce its first gold bar or generate any revenues, we have implemented empowerment initiatives to demonstrate a long-term commitment to the host communities," he said.
Minister for Lands and Natural Resources, Nii Osah Mills, reiterated the need for the company to adhere to the local content policy.
He says it is one of the measures to address Ghana’s unemployment challenges.
The first phase has seen over $300 million investment with another $300 million expected to be injected into the second phase within the next two to three years.
Officials are optimistic this will increase production by 100 percent to over 400,000 ounces of Gold every year after the second phase.
Latest Stories
-
Businesses scramble to get noticed by AI search
20 minutes -
From perk to performance: Why employee wellness must be a core business strategy
33 minutes -
Bank of Ghana’s $1.3bn profit from gold sale could help narrow 2025 losses
41 minutes -
Odau Twafohene Baffour Osei Afrifa appointed Regent of Akyem Chia
43 minutes -
We are focused on engineering low interest rate regime – BoG Governor assures
46 minutes -
How Sporting hero Gyokeres could end European run
52 minutes -
The attack on Ghanaian traders in Burkina Faso and the blame game: Why Hybrid Security Governance Holds the Key (II)
53 minutes -
Bayern face waiting game on ‘very special’ Kane
1 hour -
The Problem with Nutrition Advice on Social Media – Lessons from a study among University Students
1 hour -
Arteta calls for perspective as Arsenal look to avoid slump
1 hour -
Kasoa Old Market traders given final eviction notice ahead of redevelopment
1 hour -
GH¢15 sachet water price is a ceiling, not fixed – Producers clarify
1 hour -
Morocco reports 7% rise in first-quarter tourist arrivals
1 hour -
Calm returns to Adjen Kotoku Market following onion traders’ clash
1 hour -
One dead, six in critical condition in Gomoa Fetteh accident
2 hours