Ghana: Newmont lauded for investing in community development projects
'Business Journalists laud Newmont’s Akyem Development Foundation Project', 22 Sep 2015:…“Journalists for Business Advocacy”(JBA)…has lauded Newmont…for their commitment to improving the economic lives of communities in the…area of the Akyem Mine…Mr Suleiman Mustapha…General Secretary [of JBA], expressed satisfaction about the establishment of the Newmont…Development Foundation (NAkDeF)…which for every ounce of gold sold…deposit[s]…[a dollar] towards the development of…mining communities. “…[W]e are…impressed…that…the funds from the Foundation are…channelled…to enhance[e]…the economic skills of…community members, as well as improve[e]…enterprises in the…area,” he said…[T]he Foundation…funds sustainable development projects, including educational scholarships… infrastructural and social amenities, youth development and promotion of culture, business development and economic empowerment…The programmes…for 2015 include the training of over 100 community persons…and the establishment of a micro-credit scheme in eight of the 10 mining communities…[and] the granting of educational scholarships to over 400 students…