The amount represents contributions made to the Newmont Ahafo Development Foundation (NADeF), a community foundation set up by the Mine to drive its social responsibility obligations to the communities.

The Foundation, which marks its 10th anniversary this year, and has so far completed and handed over more than 100 infrastructural projects to the communities including a nurses training college and has, among others, offered educational scholarships to over 8,000 students across all levels of the academic ladder.  

Newmont contributes US$1 per each ounce of gold sold and one percent of its net profit to the Foundation.

Speaking to journalists during a tour of some of NADeF’s project sites, Executive Secretary of the Foundation, Mrs. Elizabeth Opoku-Darko was hopeful that with the anticipation of future growth project at Ahafo, more funds would accrue to the Foundation to help improve the lives of community members.