
Audio By Carbonatix
Goldfields Ghana Limited is to expand its Tarkwa mill at a cost of 175 million US dollars next year, Dr. Tony Obeng, Head of the Company's Corporate Affairs and Social Development, announced on Friday.He was speaking at a reception organised by the Tarkwa Mine of the Company for media personnel at Takoradi.Dr. Obeng said the Board of Directors of the Company have approved the expansion project, which is expected to lead to an increase of production by one million ounces of gold in the long term. He said the mill expansion project would not have a negative impact on the environment.Dr. Obeng said the company has also earmarked 1.5 million US dollars for social development projects in communities within its catchments area next year.He said projects would be undertaken in the area of education, health, sanitation as well as income enhancement businesses such agro processing.Dr. Obeng said the income enhancement project is to stop the communities from developing a dependence syndrome. He said the company wants to develop a real partnership with the communities and assist them to stand on their feet.Dr. Obeng said the company has been transparent in its operations and accountable to the government and the communities in which they operate, and also pay its taxes and royalties.It would also ensure safety at the mines and be committed to development."The company would also continue supporting the National football team, the Black Stars by assisting to prepare them for the CAN 2008". Mr. Stephen Yerenkyi, Head of Public Relations at the Tarkwa Mine of Goldfields Ghana Limited, said reclaimed and restored lands on the company's concession could be used for agriculture.He said Goldfields has decided to establish oil palm plantations on some reclaimed lands in support of the country's agriculture development.Mr. Yerenkyi said an employment committee has been set up to ensure that 90 per cent of the workforce for the mill expansion project is local people.Source: GNA
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
-
Prudential Life settles GH¢100,000 medical bills under its PRUCares Valentine Experience Initiative
22 minutes -
Wa West Picnic: Peter Lanchene Toobu champions peace, health and unity in landmark celebration
33 minutes -
Dr Mensah Market flooded after downpour in Kumasi
41 minutes -
Armed men reportedly storm Adjen Kotoku Onion Market amid tensions
2 hours -
Tecco Mensah writes: Why football fans must look beyond statistics
2 hours -
Police recover stolen Honda CR-V in Kumasi within 48 hours
3 hours -
Apetorku Gbodzi 2026 Festival opens in Dagbamete with development focus
3 hours -
President Mahama arrives in Lyon to co-chair One Health Summit
3 hours -
Beverly View Plus Hotel draws crowds amid coastal Easter rush in Volta
3 hours -
Maiden Zongo Festival held in Wa amid calls to tackle drug abuse among the youth
4 hours -
FDA warns of fake HIV test kits on Ghanaian market
4 hours -
Africa urged to build resilient health systems as donor support tightens
4 hours -
Easter gesture: Ablakwa settles medical bills for 85 North Tongu constituents
6 hours -
Africa must harness its population strength—Titus-Glover
6 hours -
Visa-free access doesn’t mean unlimited stay – Lom Ahlijah
6 hours