Newmont’s Ahafo South operation in Ghana has maintained its position as Ghana’s Best Company and the country’s leading extractive business.
The accolade was presented to Newmont at the 21st edition of the Ghana Club 100, held last week, at the Palms Convention Centre in Accra.
The Ghana Club 100 ranking recognises the top 100 companies in Ghana for their sustainable operations, growth prospects, and social performance.
It is organised by the Ghana Investment Promotion Centre (GIPC), a government agency responsible for facilitating and promoting investment in Ghana as a preferred investment destination in Africa.
Newmont’s Akyem operation, located in the Birim North District of the Eastern Region, improved on last year’s ranking, placing fourth overall and third in the extractive sector. Newmont’s operations in Ghana have a strong track record in the ranking, frequently placing in the top ten.
The Akyem Mine previously won the top award consecutively in 2015 and 2016, and both mines have also been recognised for their investments in social responsibility.
Newmont’s reputation as a responsible mining business in Ghana is well-established. The mine emphasises safe production, operational excellence, sustainable practices, and values-driven stakeholder management. As the world’s leading gold mining company, Newmont Corporation’s commitment to environmental stewardship, community development, and sustainability is leaving an enduring mark on Ghana’s socio-economic development.
The company’s 2024 half-year fiscal payments to the Government of Ghana, published in August, amounted to GHS 3.176 billion, covering royalties, corporate tax, pay-as-you-earn tax, carried interest, and levies. Newmont also supports local businesses through training, creating opportunities for them to thrive in host communities.
The awards highlight Newmont’s transformative impact on local communities, extending beyond the mines to the surrounding areas.
During the COVID-19 pandemic, the company funded the establishment of two PCR laboratories in partnership with the Kumasi Centre for Collaborative Research into Tropical Diseases (KCCR) and the Ghana Health Service in the Asutifi North and Birim North districts of the Ahafo and Eastern regions, respectively.
Over the years, Newmont has invested over $65 million in its community development foundations in Akyem and Ahafo, transforming lives through scholarships, skills training, healthcare infrastructure, and economic livelihood projects.
Newmont’s recent accolades underscore its role as a global leader committed to reshaping the mining industry’s narrative.
These initiatives demonstrate the company’s dedication to a future where responsible mining practices are the industry standard, not merely an option.
