Business

AngloGold has pledged to invest $1 billion in Ghana.

On Wednesday, August 10, 2022, the Jubilee House hosted the Group CEO of AngloGold.

In a brief discussion with AngloGold and a group from the Ministry of Lands and Natural Resources, President Akufo-Addo expressed pleasure with the company’s operations in Ghana, particularly given that its work at the Obuasi and Tarkwa mines benefits the local population.

He also expressed his gratitude for the corporation’s promise to assist sector minister Samuel A. Jinapor in his plans to engage with investors during the UN General Assembly in September of this year.

Calderon emphasized the firm’s commitment to mining sustainably and responsibly at all levels.

The visiting team had previously made a similar visit to George Mireku Duker, the deputy minister in charge of mining, where they reaffirmed their strong financial commitment to Ghana by saying, “The board and executives have the trust and confidence to now invest more than US$1 billion in the mining operations in Ghana.”

The deputy minister informed the team that AngloGold Ashanti is still a crucial component of the environment being created by the government through the ministry for mining businesses to prosper.

The government’s interactions with major mining companies, according to the deputy minister, will be based on transparency and accountability and ensure that both parties come out ahead.

Richard Jordinson, senior vice president (Ghana and Tanzania), Eric Asubonteng, MD for Obuasi Mine, and Samuel Boakye Pobee, MD for Iduapriem Mine were among the members of the AngloGold delegation.

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