Ghana Mineworkers’ Union, AngloGold Ashanti Hold Job, Investment Fair In Obuasi

Obuasi, Ghana June 27, 2014 – The Ghana’s Mineworkers’ Union (GMWU) has held its first ever investment and job fair aimed at providing job consultancy services and investment advice to former mine workers.

About 600 ex-mine workers attended the one-day event which took place Thursday in Obuasi with the participation of the country’s leading recruitment agencies and financial institutions. The event was co-organized with AngloGold Ashanti and the Professional and Management Staff Union.

In his keynote address Nicholas Yeboah, the Obuasi local secretary of the Ghana Mine Workers Union called for stronger cooperation and collaboration between employers, employees and banks to encourage the culture of savings and investments among workers.

‘Our members need financial investment advice and the people in the communities also need it, which means everybody needs the education,’ Yeboah said. He said most of the workers at the fair had lost their jobs in 2013.

Yeboah commended AngloGold Ashanti for ‘walking its values’ through regular engagement with the unions, employees and the people in the communities.’

A mark of the event’s success was the large number of industry bodies present including the National Board for Small Scale Industries – Petra, SSNIT- the state-owned pension manager and Frontline Capital Advisors, managers of AngloGold Ashanti’s provident fund.

The event was attended by senior members of AngloGold Ashanti’s executive body among whom was Steve Rickman, Senior Manager Human Resources.

Eben Okodom Abrefa, a 57 year Obuasi ex -miner summed up many participants’ satisfaction with the event. He urged the organizers to hold another fair so that other workers would become aware of alternative job opportunities outside the Obuasi community.

‘This will ease the wholesale dependence on the mine for everything,’ Abrefa said.

1. Nicholas Yeboah, Obuasi local secretary, Ghana Mine Workers Union opening the fair

2. Steve Rickman, Senior Manager Human Resources at the fair

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)

Media Contact:
John Owusu Tel: +233 244 322 026
E-mail: [email protected]

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