Comprehensive  Ghana Oil and Gas news, information, updates, analysis


News in Brief

Newmont selected to Dow Jones Sustainability World Index for 7th year

NEWMONTNewmont Mining Corporation, the parent company of Newmont Ghana, has become the first gold mining company selected to the prestigious Dow Jones Sustainability World Index (DJSI World) for the seventh consecutive year.

The 2013 DJSI World – Dow Jones’ premier sustainability index – includes 333 global companies identified as leaders in the areas of sustainable economic, environmental and social performance.

In 2007, Newmont became the first gold company included in the DJSI World and also has been included on the DJSI North America Index every year since 2006.

DJSI World tracks the performance of 2,500 leading companies worldwide, independently evaluating their long-term economic, environmental and social performance. The top 10% of performers are selected from among 59 industry groups.

“I am pleased once again, that our employees have demonstrated commitment to our vision, mission and values, which again has led to the recognition from such a reputable, independent organisation as the DJSI World”, said Dave Schummer, Regional Senior Vice President for Africa Operations.
.
“Thanks to the efforts of Newmont Ghana’semployees and those from other Newmont operations around the worldforcollaborating with stakeholders to increase the shared value we create through our operations,” he added.

In 2006, Newmont Ghana in partnership with 10 communities around the Ahafo mine area signed an agreement to contribute US$1 per ounce of gold sold and 1% of annual net profit from its mining operation into a Fund for sustainable development of the company’s host communities.

The Fund, the Newmont Ahafo Development Foundation (NADeF), has so far accumulated about US$17 million for sustainable development projects including community libraries, schools, teachers’ quarters, micro-credit schemes and scholarships. A similar foundation is being set up to fund sustainable development programmes in host communities around the Akyem Project.

Source: Joy Business

Get the latest news and updates on Ghana’s oil and gas value chain by following us Reporting Oil and Gas on twitter @oilgasghana and like our facebook page and get at us on Google+. Subscribe to our group to get updates.

Profile photo of Editor
Follow Us

Editor

Reporting Oil and Gas project was launched on 4th June 2009atTakoradi, Western Region, Ghana by Penplusbytes (PPB – www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector
Profile photo of Editor
Follow Us

Share this article

Leave a reply

Personality of the Month
  • Prof. Thomas Mba Akabzaa Chief Director of Ministry of Petroleum          …
Follow Us Online
Join the Discussions

Summary: Revenue mobilization from the oil sector for Agricultural production in Ghana, a myth or reality?

Agriculture, once considered the backbone of Ghana’s economy recorded a reduction of its contribution to GDP from 45% in 1992…

Responses Add your response


About Us
Reporting Oil and Gas project was launched on 4th June 2009 at Takoradi, Western Region, Ghana by Penplusbytes (www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector read more
Events Calendar
<< Aug 2017 >>
MTWTFSS
31 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3
Twitter Activity Stream
 

Partners We are proud to be associated with:

Skip to toolbar