Audio By Carbonatix
Newmont Africa has concluded discussions with government, traditional authorities and community stakeholders and commenced payment for removing over 8,000 speculative unauthorised structures in the $850 million Ahafo North Mining Project.
An Inter-Agency Committee led by the Deputy Minister of Lands and Natural Resources responsible for mining and the Ahafo Regional Minister, with the support of officials from the Minerals Commission, Environmental Protection Agency, and Newmont Africa, led the discussion to commit GHc45 million in relief payment with community leaders and representatives of the unauthorised structures in the project area.
“The agreed one-off payments will promote community peace and security of the Ahafo North Project. We will not tolerate any further development of unauthorized structures which adversely affects company-community relations and discourages mining investment in the country,” George Mireku Duker (MP) said.
Adding that government was hopeful that the project would commence soon and create significant value, including employment, business opportunities, infrastructure, and socio-economic development, as well as increased revenue in taxes, royalties and forex inflows.
On his part, George Boakye, the Ahafo Regional Minister said, “though the structures were unauthorized, Newmont had agreed to government’s recommendation to offer a relief payment package in the interest of peaceful co-existence with its host communities.”
He added that he was certain that the Project would commence soon and create local employment, community development and business opportunities.
The Newmont Corporation Board of Directors approved full funds for Ahafo North Project in July 2021. David Thornton, Regional Senior Vice President, Newmont Africa Operations, said the company is “committed to collaborating with the government, our host communities and other stakeholders to ensure the Ahafo North Project will continue and create sustainable value along with opportunity for all stakeholders”.
Newmont Africa expressed appreciation to the Ghana government, the Asantehene, Nananom, regulators, traditional authorities, youth leaders and community stakeholders for their collaboration in agreeing to a long-term sustainable outcome to commence sustainable development of the Ahafo North Project.
Latest Stories
-
COPEC calls for continued investment to ensure TOR’s sustainability
5 minutes -
Tyler Perry sued by another aspiring actor alleging sexual assault and seeking $77m in damages
22 minutes -
Canadian national and Ghanaian boyfriend arrested for alleged arson at Oyarifa
1 hour -
Police take over Gomoa Nyanyano after two factions clash in chieftaincy dispute
1 hour -
Alavanyo Paramount Queen backs Asantehene in opposition to inclusion of Queenmothers in Houses of Chiefs
2 hours -
OSP’s preventive actions saved Ghana millions – Sammy Darko
2 hours -
Galamsey cuts off cocoa farms in Mfantseman, farmers suffer heavy losses
3 hours -
Ghanaian delegation set for January 20, 2026 trip to Latvia in Nana Agyei case – Ablakwa
4 hours -
Accra turns white as Dîner en Blanc delivers night of elegance and culture
6 hours -
War-torn Myanmar voting in widely criticised ‘sham’ election
8 hours -
Justice by guesswork is dangerous – Constitution Review Chair calls for data-driven court reforms
8 hours -
Justice delayed is justice denied, the system is failing litigants – Constitution Review Chair
9 hours -
Reform without data is a gamble – Constitution Review Chair warns against rushing Supreme Court changes
9 hours -
Rich and voiceless: How Putin has kept Russia’s billionaires on side in the war against Ukraine
10 hours -
Cruise ship hits reef on first trip since leaving passenger on island
10 hours
