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
-
NPP’s future depends on experience, unity and moving beyond past grievances — Paul Afoko
3 minutes -
Paul Afoko calls for unity in NPP, cites experience and 2016 victory record
7 minutes -
Ghanaians lose $1.3m to Mobile Money fraud in first quarter of 2025 – INTERPOL report
16 minutes -
IMF exit has exposed Ghana’s economic challenges again – Gideon Boako
20 minutes -
Fire destroys Chevrolet Cruze at La Town Park
23 minutes -
What Is Wrong with Us: We keep planting tomorrow in yesterday’s soil and wonder why the harvest never changes
24 minutes -
Paul Afoko blames NPP factionalism for 2015 removal, vows to unite party
26 minutes -
English FA set to withdraw support for Fifa president Infantino
40 minutes -
Paul Afoko blames NPP’s electoral decline on weak internal management
45 minutes -
SOGOG holds 2026 Annual General and Scientific Meeting, unveils ‘Kumasi Declaration’ to end maternal mortality by 2030
47 minutes -
Fuel prices go up as Star Oil raises pump prices again; petrol sells for GH¢15 .57, diesel at GH¢ 18.97
51 minutes -
Doubled efforts helped curb examination malpractice in 2026 BECE — WAEC
53 minutes -
We will revive VALCO, nobody can stop it – Armah Buah declares
56 minutes -
‘We will come back stronger’ – Konadu targets Ghana revival after WAFU setback
57 minutes -
WAEC explains how dissatisfied BECE candidates can apply for remarking
1 hour