Newmont Africa has announced that its Ghana operations (Ahafo South and Akyem mines) paid a total of GHS 2.76 billion in taxes, royalties, levies, and carried interest to the Government of Ghana in 2022, through the Ghana Revenue Authority, Forestry Commission, and Ministry of Finance. For the full year (2022), Newmont Africa paid …
operations. Overall in Ghana in 2009, the mining sector contributed 20% of its total tax collections, about 43% of its exports, and directly employed over 17,000 workers. Newmont specifically contributed 4.5% of Ghana's total foreign direct investment and accounted for 1.3% of its Gross Domestic Product. Newmont
Newmont Ghana Gold Limited has paid a total of a little more than US $47 million (GH¢71.44 million) to government for the quarter that just ended. The amount comprises US $39 million for Corporate Income Tax, US $6 million for the National Fiscal Stabilization Levy, and US $2 million as Mineral Royalties for the month of September …
February 21, 2022. 0. Newmont Ghana has donated 45 laptops and 15 tablets to the College of Engineering at Kwame Nkrumah University of Science and Technology (KNUST) to support teaching and learning in the university. This donation forms part of a memorandum of understanding (MoU) that Newmont signed with the university, to …
As the world's leading gold company, Newmont's strategy is to create value for all shareholders and stakeholders through efforts to: Deliver superior operational execution by ensuring fatality risks are managed at all times with strong leadership and systems, continually improving operational performance, and meeting commitments without fail.
Located north of Newmont Ghana's existing Ahafo South operations, the Ahafo North Project will include five open pit mines and the construction of a stand-alone mill. Production from the mine will average approximately 275,000 to 325,000 gold ounces with projected capital costs estimated to be between $750 to $850 million. Construction is ...
NOV 23, 2021 LISTEN. Newmont Ghana Gold Limited (NGGL), in consultation with relevant stakeholders, has revised its corporate social responsibility commitments toward communities around the mine in the Asutifi North and the Tano North districts, both in the Ahafo region. Officials of the company and representatives of the communities which …
Newmont Goldcorp Corporation (NYSE: NEM, TSX: NGT) (Newmont Goldcorp or the Company) today announced that the Ahafo Mill Expansion in Ghana achieved commercial production, on schedule and within budget for approximately $175 million. Combined with the Subika Underground, which was successfully completed in …
Newmont Ghana says it will continue to seek the consent and acceptance of communities impacted by its exploration activities and operations before undertaking any mine related activities. "We believe in engaging communities and soliciting their input regarding our development plans prior to undertaking activities. At our Ahafo Mine and …
Newmont should consider carrying out regular due diligence to monitor implementation of the fixed-term contracts and their impact on workers. II. Introduction This Assessment evaluates actual, potential, and perceived human rights implications of Newmont Ghana's transition to a fixed-term employment model. It is designed to provide
Newmont Corporation (NYSE: NEM, TSX: NGT) reported gold Mineral Reserves (reserves) of 94.2 million attributable ounces for 2020 as compared to the Company's adjusted 1 95.7 million ounces at the end of 2019. Newmont exceeded its 2020 conversion target by replacing 80 percent of all depletion and maintaining its industry …
Newmont Ghana Gold Ltd Ahafo South Project 2 BACKGROUND Newmont Ghana Gold Ltd. (NGGL) has developed gold reserves at the Ahafo Project in the Brong Ahafo Region of Ghana, West Africa. The Ahafo Project is located along a mineralized zone (Ahafo Project area) that extends approximately 70 kilometers (km) in the central portion of Ghana.
Nov 11th 2010. Accra, November 11th, 2010 – Newmont Ghana Gold Limited is committed to operating safely and responsibly in our operations and projects. The health and safety of our employees and our neighbors is of utmost importance and is taken very seriously as part of our business and we continuously seek to improve our safety practices ...
Newmont Management. At the heart of Newmont's business is the talented team of employees and contractors around the globe who represent diverse cultures and religious backgrounds. In addition to embracing this diversity, we aim to create a workplace culture that fosters leaders and enables all to succeed in their positions and grow in their ...
Application Procedures : How To Apply. Interested and qualified persons should visit the : Recruitment Portal. Then read through the job offer. Afterwards click on the apply button. Then fill the Recruitment form. Then click on the submit button to submit. Newmont Ghana Jobs 2022/2023.
Trade & Operators. Newmont offers exciting opportunities for those with specialized skills to advance your talent and develop your career. You will have the opportunity to engage with other highly skilled operators and technicians who will challenge you to be your best. Our culture focuses on safety – a commitment we stand by in everything we do.
Newmont's Ahafo mine is located along the Sefwi Volcanic Belt, a northeast-southwest trending volcanic belt in western Ghana. Ahafo is in the Brong Ahafo region, approximately 307 Kilometers northwest from the national capital city of Accra. Commercial production at Ahafo began in 2006. Ahafo has two primary ore zones: Ahafo South and Ahafo ...
Newmont is a leading gold and copper producer. The Company's operations are primarily in the United States, Australia, Ghana, Peru and Suriname. Newmont is the only gold producer listed in the S&P 500 Index and was named the mining industry leader by the Dow Jones Sustainability World Index in 2015, 2016, 2017 and 2018.
Our 2022 Sustainability Report addresses several ESG-focused topics, global industry-related issues and our progress on public targets that matter most to key stakeholders. Our 2022 Taxes and Royalties Contribution Report aligns with the GRI 207: Tax 2019 and discloses our tax strategy and significant economic contributions to host communities ...
Investor Contact. Daniel Horton. 303.837.5468. daniel.horton@newmont. Source: Newmont Corporation. View all news. Newmont Corporation (NYSE: NEM, TSX: NGT) today announced a series of executive leadership appointments to strategic technical and operational roles within the Company. This press …
Newmont last year retained in Ghana almost 80% of its earnings from gold sales Accra, 23rd August, 2013 – Newmont Ghana has announced that almost 80% of its earnings from gold sales were retained in the country in 2012, contrary to some recent claims. The earnings retained in Ghana were spent on corporate taxes, local contractors …
Company urges Akyem community stakeholders to allow legal process to run its course New Abirem, 16th October, 2018 – Newmont Ghana today reaffirmed its commitment to transparently engaging with local communities to improve lives and collaboratively identifying solutions to mitigate impacts from its operations. The Company …
Company welcomes all well-intentioned input designed to enhance mining's benefits to local communities Kenyasi, Brong Ahafo – 9th February, 2017 – Newmont Ghana is committed to transparently engaging and partnering with local communities to improve lives and mitigate impacts associated with its operations. In line with the …
The Newmont Ahafo North project is part of the main Ahafo lease that started operations in 2006. In July 2021, the company's Board of Directors approved an initial investment fund of US$750 to US$850million for the project. Newmont's Ahafo North project is in the Tano North Municipality of the Ahafo Region. The five host communities …
The Best Unmined Gold Deposit in West Africa Today, Newmont Corporation (NYSE: NEM, TSX: NGT) announced that its Board of Directors has approved advancing the Ahafo North Project into the execution phase. The project exceeds the Company's required internal rate of return, adding profitable production from the best unmined gold deposit in …
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