Business

AngloGold to invest US$1 billion in Ghana

AngloGold to invest US$1 billion in Ghana

TODAY’S FRONTPAGES: FRIDAY, AUGUST 12, 2022

 

The group chief executive officer of AngloGold, Alberto Calderon, said the company is committed to mine responsibly and sustainably at all levels

The delegation from AngloGold met President Akufo-Addo at Jubilee House on 11 August 2002 and announced an investment of $1 billion The AngloGold delegation with President Akufo-Addo

The group chief executive officer of AngloGold, Alberto Calderon, called on President Nana Addo Dankwa Akufo-Addo at Jubilee House in Accra on Wednesday (10 August 2022).

President Akufo-Addo, in a brief meeting with the AngloGold delegation and representatives of the Ministry of Lands and Natural Resources, expressed satisfaction with AngloGold Ashanti’s operations in Ghana, especially given that the company is providing a service to the community through its activities at its Obuasi and Tarkwa mines.

He expressed his appreciation for the company’s pledge to support the sector minister, Samuel Abu Jinapor, to meet investors on the sidelines of the United Nations General Assembly, scheduled for September this year.

Calderon, for his part, reiterated AngloGold’s commitment to mine responsibly and sustainably at all levels.

Earlier, the visiting team paid a similar call on the deputy minister responsible for mines, George Mireku Duker. The AngloGold team reaffirmed its strong financial commitment to Ghana, saying: “The board and executives have the trust and confidence to now invest more than US$1 billion in the mining operations in Ghana.”

AngloGold executives met George Mireku Duker (second left), deputy natural resources minister (mining)

The deputy minister told the delegation that the government, acting through the ministry, is creating an enabling environment for mining companies to thrive and that AngloGold Ashanti remains an integral part of this.

The deputy minister said that the government’s dealings with large-scale mining firms will be anchored on transparency and accountability and will ensure there is a win-win situation for both sides.

The AngloGold delegation included Richard Jordinson, senior vice-president in charge of operations in Ghana and Tanzania, Eric Asubonteng, the managing director of the Obuasi mine, and Samuel Boakye Pobee, MD for the Iduapriem mine.

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