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AngloGold promise to invest $1bn in Ghana

August 11th 2022, 3:20:56 pm

Mining giant, AngloGold has reiterated its commitment to invest heavily in its operations in Ghana. This was revealed when the Group CEO of AngloGold, Alberto Calderon paid a courtesy call on President Akufo-Addo.

AngloGold to invest $1bn in Ghana

The Group CEO of AngloGold was at the Jubilee House on Wednesday, August 10, 2022

President Akufo-Addo in a brief meeting with AngloGold and the Ministry of Lands and Natural Resources delegation expressed satisfaction with the operations of AngloGold Ashanti in Ghana, especially given that they are providing a service to the community through their activities at the Obuasi and Tarkwa mines.

He also expressed appreciation for the company’s pledge to support the sector minister, Samuel A Jinapor, to meet investors on the sidelines of the UN General Assembly slated for September this year.

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Calderon on his part reiterated the commitment of their company to mine responsibly and sustainably at all levels.

Earlier, the visiting team also paid a similar call on the Deputy minister responsible for mines, George Mireku Duker, where they reaffirmed their strong financial commitment in Ghana 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 told the delegation that the government through the ministry is creating the enabling environment for mining companies to thrive and AngloGold Ashanti remains an integral part.

The deputy minister said that the government’s dealings with large scale mining firms will be anchored on transparency and accountability and will ensure there is a win-win situation for both parties.

The AngloGold delegation included Richard Jordinson, senior vice president (Ghana and Tanzania), Eric Asubonteng, MD for Obuasi Mine, and Samuel Boakye Pobee, MD for Iduapriem Mine.

Evans Effah
Evans Effah is Editor at Pulse.com.gh. He is a digital journalist, with interest in politics, business and sports. He has over 6 years experience in journalism.

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