AGA Iduapriem Mine Invests In Communities Through Trust Fund
Iduapriem- AngloGold Ashanti’s, Iduapriem Community Trust Fund has commissioned new projects for people in its host communities in the New Techiman district of the Western region.
The projects, an Early Childhood Development Centre and Aqua-privy Toilet Facility, were commissioned by the Chairman of the Iduapriem Trust Fund Board, Professor Nathan Amebley last week.
Professor Amebley congratulated AGA for setting up the Trust Fund, which he described as a good opportunity to foster community development by allowing community members to choose projects for their own benefit.
“Education simply makes you know what is happening around you while sanitation is an important way of promoting good health to prevent diseases,” Professor Amebley said.
Professor Amebley told the communities that the Trust Fund was committed to supporting them to enhance their well-being. He, however, emphasized on the need for community members and their leaders to work towards the sustainability of the facilities to their own benefit.
Mr. Emmanuel Baidoo, on behalf of the Managing Director of AngloGold Ashanti Iduapriem Mine, the Iduapriem Trust Fund would continue to partner with government agencies, the traditional authorities and communities, to empower the people through social and economic means to mutually grow and develop the area.
He emphasized that the Trust Fund and the mine, would continue to invest in the communities as long as it operated in the municipality and the country. He urged stakeholders to support the company for a better future.
About AngloGold Ashanti
AngloGold Ashanti is a global gold mining company and the world’s third largest gold producer. Headquartered in Johannesburg, South Africa, AngloGold Ashanti has 20 operations on four continents and one of the gold industry’s most successful exploration teams which work across both the established and new gold producing regions of the world. This includes land positions in Colombia, Guinea and Australia, among others.
AngloGold Ashanti employed 61,242 people, including contractors, in 2011 and produced 4.33Moz of gold, generating $6.6bn in gold income. Capital expenditure in 2011 amounted to $1.5bn. As at 31 December 2011, AngloGold Ashanti’s Ore Reserve totalled 75.6Moz.
The primary listing of the company’s ordinary shares is on the JSE Limited (JSE). Its ordinary shares are also listed on stock exchanges in London and Ghana, as well as being quoted in New York in the form of American Depositary Shares (ADSs), in Australia, in the form of CHESS Depositary Interests (CDIs) and in Ghana, in the form of Ghanaian Depositary Shares (GhDSs).
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