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 …
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 …
Obuasi mine launches ten-year socio-economic development plan. Obuasi mine launched a ten-year socio-economic development plan (SEDP) which encapsulates a …
The concept of Corporate Social Responsibility (CSR) was initiated by Sheldon in 1924. Corporate Social Responsibility has tremendous social and economic relevance to the beneficiary community by way of providing development for the community and also has positive image building and
It is therefore eminent to conduct a study on the effect of corporate social responsibility on community development with a special attention to AngloGold Ashanti‟s operations in Obuasi and its environs. 1.2 Problem Statement. In Ghana, large-scale multiple-national companies spearhead Corporate Social Responsibility (CSR) activities.
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 …
AngloGold Ashanti is a global gold mining company with a geographically diverse portfolio of operations and projects. ... Obuasi mine launched a ten-year socio-economic development plan (SEDP) which encapsulates a clear strategy to ensure Obuasi and its host communities reap sustained benefits. Read story. Geita builds essential high …
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 …
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 ...
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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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 …
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.
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.
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 …
Using qualitative data collection tools of semi-structured interviews and field observations, it was found out that although the company mining the Obuasi mine -AngloGold Ashanti (AGA) seems to uphold the concept of social responsibility, their willingness and zeal to ensure the reality of such policies are almost non-existent.
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
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 ...
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 ...
Gold from Obuasi accounts for over 50% of Ghana's gold production, and most of the social and economic activities in the …
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 ...
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 ...
This article delves into Corporate Social Responsibility (CSR) activities of HLIs operating in Tanzania on community development taking Morogoro region the case study. Both primary and secondary ...
It is on this premise that this article attempts to assess stakeholder participation and sustainability of corporate social responsibility programmes implemented by AngloGold Ashanti in Obuasi, Ghana. CSR programmes initiated by AGA-Obuasi are categorized into four main areas: Community Health and Malaria Control Programme, Social ...
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 …
Obuasi mine launches ten-year socio-economic development plan. Obuasi mine launched a ten-year socio-economic development plan (SEDP) which encapsulates a clear …
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.
Latest Developments. Gold miner AngloGold Ashanti has revised its capital expenditure (capex) guidance upward for the full-year to between $1.03-billion and $1.19-billion, from the previous ...
The situation in the communities hosting large-scale mining in Ghana and elsewhere has led the governments and extractive companies alike to recognize the need to ensure a positive impact of extraction in the host communities (Arrellano-Yanguas, 2011) and obtain a consent from the affected communities to operate—the social license to …
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 ...