October 2005, Newmont Ghana Gold
Economic activity and its inherent contributors and benefactors are vital components of Ghana’s development trajectory aimed at poverty reduction. The extractive sector plays a vital role as a fundamental economic building block from which a diverse set of business activities can be derived. Similarly, the extractive sector is part of the overall strategic development plan of Ghana on a broader scale to increase revenues and the inherent development benefits associated with sector development and modernization.
At the same time, the extractive sector has seen recent pressure from communities and civil society to assume even greater responsibilities for revenue generation and distribution, transparency, capacity building and development initiatives. These responsibilities, when coupled with those of government and civil society, become powerful drivers and lead to important partnerships.
Newmont Mining Corporation, with its recent move into Africa, and along with its host communities, stakeholders and partners, aspires to demonstrate corporate social responsibility as a promoter and key participant in the creation of sustainable development outcomes in and around our Ahafo project area.The present report focuses on and discusses NGGL’s social responsibility related to local community impacts and mitigation and the broader sustainable development commitments
which will be integral components of the overall Ahafo South project.
