In collaboration with the Government of Ghana and the Cocoa Board of Ghana (COCOBOD), Newmont Ghana commissioned the construction of a 41-kilometer road from Nkawkaw to New Abirem Road in the Eastern Region as part of its efforts to facilitate the growth of infrastructure in its host communities and surrounding areas.
Under this agreement, Newmont Ghana will invest US$ 15 million in the development of 16 kilometers of roads, while the remainder will be funded by the government and COCOBOD.
“As a company, our mission is to leave our operating areas better than we have found them in ways that matter, and we believe that collaborations are the best path to sustainable growth,” said Francois Hardy, Regional Senior Vice President of Newmont Africa.
Ghana ‘s President, Nana Akufo-Addo, praised Newmont at the sod-cutting ceremony for the road construction project for its contributions to Ghana’s infrastructural growth and for improving the living standards of its host communities.
“This project is aligned with our goal of generating value and improving lives through safe and responsible mining, which is our guiding force as we aim to catalyze our host communities’ socio-economic development,” added Mr. Hardy.
Mr. Hardy also noted that the project complements other Akyem community road development projects previously undertaken by Newmont Ghana, including the reconstruction in 2013 of the 2.3 kilometer road stretch from the Mine to Adausena, as well as in 2016 of the 2.9 kilometer road from New Abirem to the Akyem Mine.
The organization is also currently partnering with the Ghana Highway Authority to maintain and develop a 5-kilometer road at a cost of US$ 1.2 million within its Akyem host communities. In its Ahafo South community, where its other mine is located, Newmont Ghana is also constructing 4 kilometers of key roads.
Deputy Chief Executive of COCOBOD, Emmanuel Agyeman Dwomoh, said the Cocoa Roads Rehabilitation Program has made a major contribution to developing the country’s road network in order to open it up for economic activity.
Over the next 18 months, Volta Impex, a Ghanaian contractor, will undertake a road construction project, depending on local jobs and procurement.
Technical supervision for the road project will be provided by the Ghana Highway Authority and the project will be managed by a Joint Governance Team consisting of representatives from Newmont Ghana, COCOBOD and the Ghana Highway Authority.
About Newmont Ghana
A leading gold producer in the country, Newmont Ghana operates two gold mines: the Ahafo mine in the Ahafo region and the Akyem mine in the Eastern region. The firm is a division of the world’s largest gold company, Newmont Corporation. Commercial production started in 2006 at Ahafo and in 2013 at Akyem.
About 5,500 staff and contractors are currently employed by the company. The Ahafo mine was named the Mining Company of the Year in 2016 and the Corporate Social Responsibility Corporation of Ghana in 2018, while the Akyem mine was awarded Ghana ‘s Best Company in 2015 and 2016.
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