September 19, 2020

AngloGold Ashanti Iduapriem Mine to create sustainable income through aquaculture project

In a bid to create a sustainable future of shared value with all stakeholders, AngloGold Ashanti Iduapriem Mine has implemented, among other things, an Aquaculture project to address unemployment within its host communities.

Mr. Stephen Adjei, Senior Manager, Sustainability at the Iduapriem Mine, briefed the Executive Director of Ghana’s Fisheries Commission, Mr. Michael Arthur Dadzie and his entourage on the work done on the 14-acre $400,000 aquaculture project.

He said work was progressing smoothly on the project with the construction of ponds, tanks, and water treatment facility near completion.

Mr. Stephen Adjei also confirmed that the Iduapriem mine had procured 25,000 fingerlings to stock the ponds and tanks.

The project would provide employment for community members both as permanent workers on the farm and in the value chain.

He reiterated the mine’s commitment to making the communities in which it operates better for the mine being there. In this regard, revenue realized from the sale of the fish would be reinvested in other community development projects.

Mr. Michael Arthur Dadzie, the Executive Director of the Fisheries Commission, lauded Iduapriem Mine for finding innovative ways to improve and sustain the incomes of community members through its Aquaculture project.

During a working visit to the mine’s Aquaculture site at Teberebie in the Tarkwa Nsuaem Municipality, Mr. Michael Arthur Dadzie obtained firsthand information on the project and sought for further collaboration with the mine.

Mr. Dadzie was accompanied by the Director, Aquaculture, Mr. Matthew Cofie Oyih, and other officials of the Fisheries Commission from the regional and national offices.

Mr. Dadzie pledged the support of his outfit and urged the mine to make good use of the experts available at both the regional and national levels to ensure the successful implementation of the project.

About AngloGold Ashanti

AngloGold Ashanti, an international gold mining company with a globally diverse, high-quality portfolio of operations and projects, is headquartered in Johannesburg, South Africa.

Measured by production, AngloGold Ashanti is the third-largest gold mining company in the world and the largest on the African continent, producing 3.3Moz and employing 34,263 people in 2019.

AngloGold Ashanti has two operations in Ghana being Obuasi and Iduapriem Mines. Each of the Mines is a wholly owned subsidiary of AngloGold Ashanti.

About Iduapriem Mine

AngloGold Ashanti (Iduapriem) Limited operates the Iduapriem Mine in the Western Region of Ghana, about 17km southwest of Tarkwa.

The Iduapriem Mine started operation in June 1992 as the Ghanaian Australian Goldfields Limited.

It also became part of the AngloGold Group in 2004 following the business combination with Ashanti Goldfields Limited in 2004.

Iduapriem Mine is an open-pit operation comprising the Iduapriem and Teberebie mining leases covering an area 110km2 concession and encompassing 19 communities.

Iduapriem mine provides employment to about 2500 people, of which 99% are Ghanaians.

Source: Business