advantages of csr in anglogold obuasi mining
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- advantages of csr in anglogold obuasi mining
After a comprehensive stakeholder consultation process, AngloGold Ashanti's Obuasi mine, in 2022, launched a ten-year socio-economic development plan (SEDP) which encapsulates a clear strategy to ensure …
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The Obuasi gold mine is owned by AngloGold Ashanti. Image courtesy of MyGhanaonline. The Obuasi gold mine, located 200km north-west of Accra in Ghana, was the major asset of Ashanti Goldfields Company (AGC), established in London in 1897. AGC started underground mining in 1907. Lonrho purchased AGC in 1969 and the …
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The higher grade and increased production did manage to stave off inflation's full potential impact, with AngloGold's total cash costs per ounce at a 6%-higher $1 024/oz for 2022 compared with ...
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AngloGold Ashanti Gold Mining Limited (AAGL), Obuasi has contributed immensely to Ghana's economic development for centuries [8]. Though Obuasi township is universally associated with gold ...
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David Rose/Panos Pictures/ActionAid AngloGold's Obuasi mine has 8,295 employees and produced 391,000 ounces of gold in 2005 fighting poverty together 29 Gold rush The impact of gold mining on poor people in Obuasi in Ghana Local people are not hopeful of holding the company Conclusion to account in Ghanaian courts, although they are Given its ...
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The study explored AngloGold Ashanti´s commitment to Corporate Social Responsibility and its impact on the lives of the local people. Questionnaires were administered to …
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mining company that handles the country's largest mining site. AngloGold Ashanti has two operations in Ghana; the first operation is in Obuasi in the Ashanti region and the second in Iduapriem in the Western region of Ghana (AngloGold Ashanti, 2007). Figure 1 below shows the operating areas of AngloGold Ashanti in Ghana. The Obuasi site is
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Despite well over a century of sustained mining, Obuasi has an estimated 8.7 Moz gold in reserve and 29.5 Moz of mineral resources, which could comfortably sustain mining for well over the next two decades.
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File photo. AngloGold Ashanti today released a carbon emissions reduction target that aims to achieve a 30% absolute reduction in its Scope 1 and 2 Greenhouse Gas (GHG) emissions by 2030 through a ...
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Mensah (2009) in her study in Obuasi on gold mining and CSR reveal that farmers in mining communities also lose their crops and the fertility of their land to mining activities. The impact exerted on the farmers is not just a matter of crop destruction as a result of the spillage of cyanide, smoke from the mines.
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Gold from Obuasi accounts for over 50% of Ghana's gold production, and most of the social and economic activities in the …
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Corporate Social Responsibility (CSR) has gained tremendous attention in the policy implementation of some organizations. ... The Resilience of Mining Communities in Obuasi, as Anglogold Ashanti Shifts Position. ... This project is designed to examine the overall benefits of mining to local communities in Ghana through the lens of community ...
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Absa Bank Ghana LTD and AngloGold Ashanti Ghana Obuasi Mine have entered a partnership to support SMEs in Obuasi and its environs as part of the efforts of the latter geared towards the transformation of the local economy where it operates. To this end, the two organizations have signed a Memorandum of Understanding (MoU) to mark …
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CSR Initiatives. The Chamber of Mines has adopted a policy where member companies set aside a minimum of US$1 out of every earning per ounce of Gold and also one percent (1%) of the their net profit to develop their communities. Aside adhering to this policy, mining companies in Ghana also voluntarily undertake community sustainable development ...
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The Obuasi gold mine located in the Ashanti region of southern Ghana is being redeveloped into a modern and mechanised mine for longer operational life. Owned and operated by Africa's biggest gold miner AngloGold Ashanti, the Obuasi underground mine was placed under care and maintenance in 2016. The Obuasi redevelopment project was officially ...
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Health threat to AngloGold Ashanti operations in Ghana, Mali, Guinea and Tanzania." In 2004 AGA realised the adverse impact malaria was having on its Ghanaian business operations, workforce and on people in its operational community. Areas around Obuasi were particularly vulnerable because of "galamsay" – small-scale, surface mining (often
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Obuasi mine launches ten-year socio-economic development plan. Obuasi mine launched a ten-year socio-economic development plan (SEDP) which encapsulates a …
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Global Mining Review, Thursday, 30 September 2021 11:45. Advertisement. AngloGold Ashanti has announced that underground ore mining at the Obuasi Gold Mine in Ghana is expected to resume by mid-October. For the remainder of 2021, underground ore will be used only to replenish the run-of-mine stockpile. Gold production from …
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This article delves into Corporate Social Responsibility (CSR) ... carried out a research to determine the effect of CSR activities of Anglogold Ashanti on Obuasi community and found that the executed CSR activities of the company have an influence on the lives of the people in the community. ... Arko (2013) in their respective studies. 4.1.2 ...
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Gold mining company AngloGold Ashanti on Wednesday released a carbon emissions reduction target that aims to achieve a 30% absolute reduction in its Scope 1 and 2 greenhouse gas (GHG) emissions by ...
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Four out of the five top-tier gold-mining assets of AngloGold Ashanti are in Africa. As the cornerstones of the company, these tier 1 mines are Geita in Tanzania, Obuasi and Iduapriem in Ghana ...
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Underground mining is done when the rocks, minerals or gemstones are too far underground to get out with surface mining. Some examples of underground mining are borehole mining, draft mining, hard rock mining, shaft mining and slope mining (Think Quest, 2007). Shaft mining is employed by AngloGold Ashanti- Obuasi.
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The CSR of AGA was perceived to be very important for the Obuasi Municipality, except that it has not been done to the satisfaction of the community …
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investment projects. Anglogold Ashanti has also been instrumental in the fight against malaria through its Obuasi Malaria Control Programme (Anaman, 2008). However, critics of the mining industry have called on the Government of Ghana (GoG) to hold the mining companies accountable instead of being an accomplice in an act that exploits
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Keywords: Corporate Social Responsibility, Sustainability, Reclamation bond, Community consultative committees, Voluntary initiatives, AngloGold Ashanti Obuasi Mines, Ghana 1. Introduction Corporate Social Responsibility (CSR) has several definitions emanating from different international bodies, scholars, business organizations and so on.
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Imperatives for examining resource industry approaches to social performance continue to intensify. Mining companies claim to have embraced the key tenets of sustainable development (SD) and corporate social responsibility (CSR) and that social aspects are now 'core to business'. Evidence from the field suggests that despite these …
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The paper investigated the corporate social responsibility (CSR) practices adopted by the selected companies in India belonging to the mining sector, post-2013 Companies Act mandate from 2014 ...
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Obuasi mine launches ten-year socio-economic development plan. Obuasi mine launched a ten-year socio-economic development plan (SEDP) which encapsulates a clear …
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Notwithstanding the benefits of mining in Ghana, its negative impacts have also been highlighted, ... and the AngloGold Ashanti (AGA) mine in Obuasi was one of the ten biggest gold mines in the world towards the end of the 20th century. Gold-mining activities have, thus, provided an important impetus for urbanisation and development in …
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The project, code-named "Climate Resilience Oil Palm Project," is in its first phase and is an integral part of the agricultural component of the 10-year Socio-Economic Development Plan, SEDP, being undertaken by AngloGold Ashanti to make the Obuasi enclave economically sustainable with or without the Obuasi Mine of the company.
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AngloGold Ashanti is an independent, global gold mining company with a diverse, high-quality portfolio of operations, projects and exploration activities across nine countries on four continents. We pursue value-creating opportunities involving other minerals, where we can leverage our existing assets, shareholdings, skills and …
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Public perception of corporate social responsibility of AngloGold Ashanti in Obuasi Municipality, Ghana - Author: Ernest Mensah Abraham, Valentina Asor, Florence Torviawu, Helen Yeboah, Frank Laryea. This paper aims to ascertain how knowledge of corporate social responsibility (CSR) by community members …
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This study used an eclectic multiple-case design to explore what drives three large-scale mining companies' involvement in CSR-mediated development activities, and their philosophical underpinning. The research discovered that although there were nuances between cases in the order in which they rated the strength of 11 potential drivers of …
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AngloGold Ashanti Ghana, Obuasi Mine has supported 150 farmers drawn from 20 communities in the Obuasi Municipal and Obuasi East District as part of the Community Farming Support Project launched ...
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This research set out to investigate the operations of Anglogold operations in a mining community called Obuasi in Ghana and the extent to which the company implements the …
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