ASHANTI Goldfields Company Ltd.

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Mill Head Grade and Tonnage Curves from 1947/48 -
2003
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(No Transcript)
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• HUMAN RESOURCES POLICIES
• COMMUNITY ISSUES
• 
  
  

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Obuasi Gold Mine - Ghana Human Resources Policies

• OBUASIS CHALLENGE
• Strengthen our Human Resource base by developing
  
• tomorrows workforce with thorough
  understanding of the
• International Competitive environment.

ASHANTI Goldfields Company Ltd
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Obuasi Gold Mine - Ghana Human Resources Policies

• ACHIEVING OBJECTIVE
• Training and Re-training
• Succession Planning ( Effective
• appraisal systems)
• Team Work
• Create conditions which enable
• employees to give of their best.

ASHANTI Goldfields Company Ltd
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Obuasi Gold Mine - Ghana Human Resources Policies
IN-HOUSE TRAINING

• Ashanti places emphasis on Training and
  Re-training as a means of keeping its workforce
  on the cutting edge of modern management and
  technical practices to meet both the short-term
  and strategic needs.

ASHANTI Goldfields Company Ltd
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Obuasi Gold Mine - Ghana In-House Training
The Company runs an Engineering apprenticeship
Programme to train and impart employable skills
to over 100 local artisans each year.
ASHANTI Goldfields Company Ltd
Training Programme in session.
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Obuasi Gold Mine - Ghana Human Resources Policies

• Housing benefits
• The Company provides residential accommodation to
  both Senior and Junior staff.
• Company has a total housing stock of 3,384 units

• Medical Benefits
• Company operates 170 bed modern hospital with
  eight (8)
• medical doctors including a specialist.
  External consulting
• specialists are also engaged.
• Free medical care for employees, their spouses
  and six (6) children.
• Medical care is extended to communities in and
  around Obuasi area, on Cash carry basis.

ASHANTI Goldfields Company Ltd
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OBUASI HIV/AIDS POLICY AND PROGRAMMES
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Obuasi Gold Mine - Ghana HIV/AIDS Control
Programmes

• The prevention and control programmes put in
  place seem to be working effectively as shown by
  the HIV/AIDS figures recorded on the mine.

ASHANTI Goldfields Company Ltd
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AGC SPONSORSHIPS
COMMUNITY DEVELOPMENT PROJECTS
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Obuasi Gold Mine - Ghana Highlights of Community
Assistance

• Ashantis Statutory Obligations
• ? To individuals within the concession -
  compensation in accordance with
• Minerals and Mining Law 153, Section
  71(1). About ? 23 Billion paid
• within the last Ten (10) years
• To Local Government property rate payment
  in accordance with Local
• Government Act 462 Section (3) and sixth
  schedule.
• To Central Government payment of
  taxes.(Royalties, Corporate tax,
• Income tax etc) Mineral and Mining Law
  153, Part IV. Section 22(1) and
• 23(1) as amended.
• - Disbursement of Royalties
• District Assembly - 55
• The Stool -
  25
• The Traditional council - 20

ASHANTI Goldfields Company Ltd
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Obuasi Gold Mine - Ghana Forms of Community
Assistance
URBAN DEVELOPMENT PROJECTS   The Company
committed 250million into the Obuasi
streetlights projects.
ASHANTI Goldfields Company Ltd
Obuasi street light.
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Obuasi Gold Mine - Ghana Forms of Community
Assistance
Len Clay Sports Stadium constructed to facilitate
sports development in the Obuasi Municipality.
ASHANTI Goldfields Company Ltd
Len Clay Sports Stadium
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Obuasi Gold Mine - Ghana Forms of Community
Assistance
The Company carried out the resettlement of an
entire community (old Bidem Village) at the cost
of US1 million.
ASHANTI Goldfields Company Ltd
One of the Old Bidiem residence
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Obuasi Gold Mine - Ghana Forms of Community
Assistance
ASHANTI Goldfields Company Ltd
One of the New Bidiem resettlement houses.
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Obuasi Gold Mine - Ghana Forms of Community
Assistance
ASHANTI Goldfields Company Ltd
Binsere village community school.
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Obuasi Gold Mine - Ghana Forms of Community
Assistance
HEALTH AND SANITATION The Obuasi Government
Hospital was built and furnished by the Company.
ASHANTI Goldfields Company Ltd
Obuasi Government Hospital
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Obuasi Gold Mine - Ghana Forms of Community
Assistance
HEALTH AND SANITATION To assist in the
beautification of Obuasi township, the Company
funds the cleaning of Obuasi streets at a yearly
cost of 120million
ASHANTI Goldfields Company Ltd
Obuasi street cleaning in action.
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Obuasi Gold Mine - Ghana Community Development
Projects

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• RURAL ELECTRIFICATION PROJECTS
• To date the company has procured over 3,000
  treated teak poles
• and provided over 10,000 untreated poles from
  its Teak
• plantations to assist some 36 local
  communities in the Obuasi,
• Bekwai , New Edubiasi and Mansonkwanta
  districts in their Rural
• Electrification Projects at a cost of ?600
  million .
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• Five (5) transformers have been donated to Six
  (6) Communities in
• the Obuasi and Bekwai District to assist them
  in their Rural
• Electrification Projects at the cost of 100
  million.
•  
• Two Communities namely Sanso and Anyinam benefit
  from free
• electricity power from AGC/VRA mains at an
  average annual cost of
• About US77,000.

ASHANTI Goldfields Company Ltd
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Obuasi Gold Mine - Ghana Community Development
Projects

• Roads and Bridges Rehabilitation
• Many Old mining and Exploration routes, which
  now serve as feeder roads linking
  farming communities to major roads or markets
  centers are rehabilitated regularly using
  services of company equipment.
• The Company assists in constructing and
  rehabilitating foot bridges over major rivers to
  link farmers to their farms and pupils to their
  schools.

ASHANTI Goldfields Company Ltd
Wamase footbridge.
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Obuasi Gold Mine - Ghana Community Development
Projects
Community water supply To date the company has
provided 95 water systems to a total of 82
Communities in three districts at the cost of US
980,000 70 of the number was provided as
goodwill gestures while the remaining 30
are restitutions for traditional sources of water
impacted upon by our operations.   In
extreme situations, the Company assists in the
repair of some broken down water systems to
restore water supply.   The benefits include
less dependency on surface streams and less
incidence of water borne diseases.  
ASHANTI Goldfields Company Ltd
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Obuasi Gold Mine - Ghana Community Development
Projects
Type of water systems provided include i.
Borehole and Manual pump system.
ASHANTI Goldfields Company Ltd
Jimiso water system.
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Obuasi Gold Mine - Ghana Community Development
Projects
Material assistance are given and Corporate
donations made to support development projects of
Orphanages and Institutions of the Physically
challenged.
ASHANTI Goldfields Company Ltd
G.M. HR donating to Adullam orphanage.
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Obuasi Gold Mine - Ghana Community Development
Projects
The Company financed the construction of a 40
rooms and 2 flats Student Hostel (Gold Hostel) as
a residential facility for the School of Medical
Sciences of the Kwame Nkrumah University of
Science and Technology in Kumasi .
ASHANTI Goldfields Company Ltd
Hostel provided by AGC to Medical School Kumasi.
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Obuasi Gold Mine - Ghana Community Development
Projects

• ALTERNATIVE LIVELIHOOD PROJECTS I
• The Company has released a 2000 acres of
  arable land close to a water source for the
  Presidents Special Initiative (PSI)
  project on cassava starch production.
• ? To further demonstrate the Companys
  commitment to the implementation of the PSI
  Project, the Company has released 14 units of its
  residential quarters at Watreso for the Technical
  staff that will manage the project.

ASHANTI Goldfields Company Ltd
The Jimi river dam overlooking the PSI Land.
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Obuasi Gold Mine - Ghana Community Development
Projects
ALTERNATIVE LIVELIHOOD PROJECTS II

• The Company has engaged the services of the
  Center for Biodiversity Utilization and
  Development (CBUD) of KNUST to carry out baseline
  studies leading to the implementation of some of
  its income generating projects like mushroom and
  snail farming, grass-cutter rearing, batik and
  tie dye, gari processing etc. in communities
  impacted upon by the Companys operations.
•  

ASHANTI Goldfields Company Ltd
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Conclusion

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Obuasi Gold Mine - Ghana Community Development
Projects
Focus on SHE Geology- Current Deeps exploration
U/G Production - Increase Devt fastrack New
Blocks. Continuous Improvement REDUCING
COSTS. IMPROVING PRODUCTIVITY. (Tonnes/Metre
Recovery U/G Fleet Rationalisation) HIV COMM
UNITY DEVT

ASHANTI Goldfields Company Ltd
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End THANK YOU FOR YOUR ATTENTION. Daniel Owiredu
End