At the heart of Newmont’s business is the talented team of nearly 40,000 employees and contractors around the globe.
Newmont’s fastest growing region is Ghana, where we operate the Ahafo mine in the Brong-Ahafo Region near Kenyasi and are developing the Akyem project in the Birim North District of the Eastern Region near New Abirem. With local employment being one of the most impactful ways to build shared value in our host communities, Newmont strives to provide as many employment opportunities to local citizens as possible. In addition, every effort is made to source our needs with local suppliers, including investing in local businesses to help them develop products and services we can purchase for our operations.
In 2009, an independent study on the socio-economic impact of our Ahafo operations found that for every one Newmont job at Ahafo, a total of 28 jobs are supported throughout the country. We are committed to delivering this same long-term shared value to the New Abirem community.
Perhaps because of this positive impact, expectations have grown among some community members regarding employment with Newmont. An increasing challenge for us is striving to meet these expectations while ensuring we maintain the profitability needed to invest in our future.
To help manage expectations, the Akyem project has gone through extensive consultation and engagement processes with nearby communities and other stakeholders. There have been open and transparent discussions on the project’s impact, benefits and mitigation measures.
For projects such as Akyem, the construction phase offers the highest number of jobs over the life of the operation. As Newmont completes construction on Akyem and prepares to enter production at the end of this year, we expect increased employment anxiety in the New Abirem community as construction activities wind down as planned over the next several months.
However, once Akyem begins production, Newmont is committed to providing 100 percent of unskilled jobs and at least 50 percent of semi-skilled and skilled jobs to local community members. We are also investing in future skilled employees through apprenticeship and other training programs.
To date, more than 180 men and women from communities near Akyem have completed Newmont’s 4-year skilled apprenticeship program in mine maintenance, mine process, and heavy truck operating. We plan to continue this program throughout the life of the operation.
In addition, we will continue to partner with the local communities to create alternative economic development opportunities, including support for local business development and funding quality of life initiatives. This is beyond the economic benefits the project already provides to local communities through goods and services purchases, community programs and infrastructure investments.
We look forward to working with all stakeholders to continue to advance the Akyem project to production and to deliver even more economic and social development to nearby communities.