Newmont Africa has concluded discussions with government, traditional authorities and community stakeholders, and commenced payment for the removal of over 8,000 speculative unauthorised structures in the US$850million Ahafo North Mining Project.
An Inter-Agency Committee, led by the Deputy Minister of Lands and Natural Resources responsible for mining, Mr. George Mireku Duker and the Ahafo Regional Minister, Mr. George Boakye, with the support of officials from the Minerals Commission, Environmental Protection Agency, and Newmont Africa, led the discussion to commit GH¢45million in relief payment with community leaders and representatives of the unauthorised structures in the project area.
“The agreed one-off payments will promote community peace and security of the Ahafo North Project. We will not tolerate any further development of unauthorised structures which adversely affects company-community relations and discourages mining investment in the country,” Mr. Duker said, adding that government was hopeful that the project would commence soon and create significant value including employment, business opportunities, infrastructure, socio-economic development, as well as increased revenue in taxes, royalties and forex inflows.
On his part, Mr. Boakye, said: “Though the structures were unauthorised, Newmont had agreed to government’s recommendation to offer a relief payment package in the interest of peaceful co-existence with its host communities.” He added that he was certain that the project would commence soon and create local employment, community development and business opportunities.
The Newmont Corporation Board of Directors approved full funds for Ahafo North Project in July 2021. David Thornton, Regional Senior Vice President, Newmont Africa Operations said the company is “committed to collaborating with government, our host communities and other stakeholders to ensure the Ahafo North Project will continue, and create sustainable value along with opportunity for all stakeholders”.
Newmont Africa expressed appreciation to the government, the Asantehene, Nananom, regulators, traditional authorities, youth leaders and community stakeholders for their collaboration on agreeing to a long-term sustainable outcome to commence sustainable development of the Ahafo North Project.