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Ghana Club 100 Newmont Ghana’s Akyem mine ranked Ghana’s no.1 for 2nd consecutive year

The company ranked first at the 2016 Ghana Club 100 awards organised by the Ghana Investment Promotion Council (GIPC) on Thursday, November 30th in Accra. Newmont Ghana’s Ahafo mine, Newmont Ghana Gold Limited, ranked eleventh on the list.

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Newmont Ghana’s Akyem Mine, Newmont Golden Ridge Limited, has been adjudged Ghana’s No.1 Company among the list of 100 most prestigious businesses in the country for the second consecutive year,

The company ranked first at the 2016 Ghana Club 100 awards organised by the Ghana Investment Promotion Council (GIPC) on Thursday, November 30th in Accra. Newmont Ghana’s Ahafo mine, Newmont Ghana Gold Limited, ranked eleventh on the list.

The Akyem mine was also named the Second Best Company in Corporate Social Responsibility and the Third Most Profitable Company in Ghana for 2016.

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This year’s ceremony marked the 16th anniversary of the Ghana Club 100 awards organised annually by the GIPC to recognise and celebrate successful enterprise building. Overall standings are based on companies’ weighted average rank in profitability and growth over their three most recent operating years, as well as their turnover for the year under assessment. 

Ghana’s Senior Minister, Yaw Osafo Maafo, presented the award for the Overall Best Performing Company to the Akyem Mine on behalf of President Nana Akufo-Addo. He commended the company and others on the ranking for their continuous support to the Ghanaian economy and pledged his government’s commitment to creating the enabling environment for businesses in the country to thrive.

The General Manager of Newmont Golden Ridge Limited, Joep Coenen, attributed the achievement to the joint effort of the company, employees and all stakeholders towards the business strategy. He said the company’s commitment to responsible and sustainable mining is one factor that distinguishes Newmont from other businesses.

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“One thing that we are doing very differently is focusing on our environment, focusing on our safety, focusing on our communities and it is my view that if you have those things right then the production and cost control efforts become much easier,” he said.

In a bid to ensure its long-term sustainability, Newmont Ghana has over the years implemented a number of business improvement initiatives in its Ahafo and Akyem Mines to improve cost and ensure its profitability.

 “We are excited about this recognition, but more pleased that our commitment to create value and improve lives through sustainable and responsible mining is making an impact in our communities and in the larger Ghanaian economy,” he added.

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The General Manager of the Ahafo Mine, Bernard Wessels expressed optimism that with the government’s continuous support, Newmont Ghana will continue to contribute positively to the economic and social development of its host communities and the country at large.

The Regional Senior Vice President, Newmont Africa, Alwyn Pretorius expressed gratitude to the companies’ employees and business partners and reiterated Newmont Ghana’s commitment to working with the government and all relevant stakeholders to ensure business improvement and benefit for all.

“I congratulate all employees and stakeholders for supporting our business strategy and collaborating with the government and people of Ghana. This award reflects our strong contribution to the economy of Ghana and commitment to creating shared value for all,” he said.

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