The Chairman of Chifeng Gold Group – the largest non-state gold mining company in China, Mr. Jianhua Wang, and Chifeng Gold’s president, Madam Lydia Yang, have ended a working visit to Golden Star Wassa Limited (GSWL) in the Western Region of Ghana.
Also included in the visit was Mr. Shubao Dong, Secretary of the Board. The executive team’s visit took place from 23rd to 29th of May 2023, reiterating Chifeng Gold’s commitment to its stakeholders and responsible mining. It ended with a positive outlook on the future of Chifeng Gold’s investment in GSWL.
During the visit, Mr. Jianhua Wang and his team witnessed first-hand the progress GSWL has made since it was acquired by Chifeng Gold in 2022. The team toured the mine operations and Corporate Social Responsibility (CSR) projects in host communities. They also interacted with staff and contractors to gain insights into GSWL sustainable practices and partnerships.
The executive team also presented solutions to the current challenges of GSWL. These included changes at management level and implementing a five-year strategy of automation and mechanisation, adjustment of annual production, cost-reduction and production expansion.
Speaking during an interactive session with employees Mr. Wang said: “It is necessary to accept and adhere to changes. Chifeng Gold will support any employee who has a firm goal and vision and is committed to learning, who is brave in hardship, and who is committed to ensuring that Chifeng Gold succeeds”.
To highlight Chifeng Gold’s commitment to responsible engagement, the executive team also paid courtesy calls on traditional leaders of host communities in Wassa. They further called on the Chinese Ambassador to Ghana, Mr. Lu Kun; the Chinese economic and commercial counsellor, Mr. Li Yaohong; the Minister of Land’s and Natural Resources, Mr. Samuel Jinapor; and CEO of the Minerals Commission, Mr. Martin Ayisi. The discussions centred on challenges and opportunities in GSWL and Chifeng’s commitment to creating local employment and supporting economic growth.
Both Mr. Lu Kun and Mr. Li Yaohong appreciated GSWL and Chifeng Gold for the good reputation enjoyed with host communities of GSWL. They encouraged GSWL to adhere to local laws and regulations, and continue to increase publicity and influence a good Chinese corporate image. They pledged support for Chinese-funded enterprises in Ghana.
The president, Madam Yang, explained that: “Our visit to Ghana and the mine site has reinforced our belief in the potential of GSWL despite current challenges. We are confident that with the right mindset, working safely and according to Environmental, Social and Governance (ESG) principles, we will achieve our vision to benefit more people with the development of Chifeng Gold”.
As GSWL moves forward with its expansion projects it will remain focused on working safely and efficiently, and surpassing regulatory compliance in all aspects of its operations. GSWL will also safeguard its social licence by partnering with like-minded organisations to provide sustainable value for stakeholders. Currently, GSWL runs a pandemic-preparedness programme with GIZ. The programme seeks to develop and update data to make GSWL and its host communities better-prepared in the event of pandemics. Various activities have therefore been held to achieve that objective – the latest being a donation of over US$70,000 worth of medical supplies to 10 health facilities in GSWL host communities.
GSWL, is also currently furnishing a state-of-the-art model school that the company will hand over to the District Education Directorate for the use by its host communities and other stakeholders.
