Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) has partnered the Government of Ghana, through the Ministry of Roads and Highways, to rehabilitate of the 46km Sunyani-Ntotroso-Akyerensua highway.
A statement issued and signed by David Johnson, its Director of Communication-Africa said a Memorandum of Understanding (MoU) had been signed between Newmont and the Ministry of Roads and Highways, and that the contractor had begun mobilisation to commence work on the road. A copy of the statement made available to the Ghana News Agency (GNA), stated that Newmont has been particularly focused on infrastructure development over the years, in addition to its health, education, and other development-focused investments.
In the Ahafo area, the company had funded and committed to the rehabilitation of major roads, including the Ntotroso-Kenyasi road, the Hwediem-Kenyasi road, and internal roads within the Ntotroso, Wamahinso, Gyedu, Kenyasi No.1 and Kenyasi No.2 communities. It said Newmont recognised the important role that road infrastructure played in facilitating the transportation of goods and services, and in stimulating local economic growth. The statement added that in supporting the government’s effort at improving infrastructure nation-wide, the company was living its purpose of creating value and improving lives through sustainable and responsible mining.
Newmont is the world’s leading gold company and a producer of copper, zinc, lead, and silver and the company’s world-class portfolio of assets, prospects and talent was anchored in favorable mining jurisdictions in Africa, Australia, Latin America and Caribbean, North America, and Papua New Guinea.
It is the only gold producer listed in the S&P 500 Index and is widely recognised for its principled environmental, social, and governance practices, and it remains an industry leader in value creation, supported by robust safety standards, superior execution, and technical expertise.
Newmont was founded in 1921 and has been publicly traded since 1925 to create value and improve lives through sustainable and responsible mining.