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Newmont Ghana limited says it will continue to honour its social responsibilities in spite of the fall in the world price of gold, and the subsequent reduction of its workforce.
Such an initiative, according to the company, will improve the living standards of the people residing in its operational areas.
Mr. Oduro Kwarteng Marfo, the External Relations Manager of Newmont Akyem Mine, said this at a press soiree at Koforidua for the Eastern Regional Press Corps.
Mr. Marfo explained that the Company has provided a number of social amenities such as clinics, nurses and doctors’ quarters, water and sanitation facilities, roads and school buildings.
Some of the beneficiary communities are Adausena, Old Abirem, Hweakwae, Afosu, New Abirem, Mamanso and Ntronang, all located in the Akyem Project.
Apart from these facilities the company has partnered the Birim North District Assembly in other social investment initiatives, primarily in the educational sector — through which facilities such as dormitories and other amenities have been provided for senior and junior high schools in the area.
However, with the reduction in the world market price of gold and the subsequent shedding of a considerable number of the company’s staff, inhabitants of such communities had anticipated a halt in the company’s social responsibility initiative, which will continue, Mr. Marto said.
“Despite the fall in the world price of gold, with the attendant shedding of some of our staff, we will continue to honour our social responsibility so that the living standards of the people will continue to improve,” Mr. Marfo remarked.
Source: B&FT
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