page 1
page 2
page 3
page 4
page 5
page 6
page 7
page 8
page 9
page 10
page 11
page 12
page 13
page 14
page 15
page 16
page 17
page 18
page 19
page 20
page 21
page 22
page 23
page 24
page 25
page 26
page 27
page 28
page 29
page 30
page 31
page 32
page 33
page 34
page 35
page 36
page 37
page 38
page 39
page 40
page 41
page 42
page 43
page 44
page 45
page 46
page 47
page 48
page 49
page 50
page 51
page 52
page 53
page 54
page 55
page 56
page 57
page 58
page 59
page 60
page 61
page 62
page 63
page 64
page 65
page 66
page 67
page 68
page 69
page 70
page 71
page 72
page 73
page 74
page 75
page 76
page 77
page 78
page 79
page 80
page 81
page 82
page 83
page 84
page 85
page 86
page 87
page 88
page 89
page 90
page 91
page 92
page 93
page 94
page 95
page 96
page 97
page 98
page 99
page 100
page 101
page 102
page 103
page 104
page 105
page 106
page 107
page 108
page 109
page 110
page 111
page 112
page 113
page 114
page 115
page 116
page 117
page 118
page 119
page 120
page 121
page 122
page 123
page 124
page 125
page 126
page 127
page 128
page 129
page 130

Newmont Ghana Goldaccumulated commitment into NADeF was over $4.3 million.An Employment Agreement was also created, with the ultimate goal of 35 per cent of the national workforce of the Ahafo Mine being people from the local host communities, with a goal of increasing that to 50 per cent over the next 10 years.However, there have been some considerable obstacles to overcome. "When we arrived here, there had previously been only a small amount mining in the area, so the people had not been exposed to mining. Consequently, they saw the mine as a big opportunity for jobs."During the construction phase, of course, there were indeed plenty of jobs. But once construction ceased, those jobs disappeared. So there have been some learning pains." However, true to the Employment Agreement created through the Social Responsibility Forum, NGGL today directly employs just over 1,500 staff at the mine, and a further 2,000 are employed by contractors. "Of the total of 3,500 staff, over 30 per cent are local people, so we are doing our best to fulfil our commitment."Jobs in the mining environment are, however, skilled; and considerable investment has gone into training in all areas of the business. For example, the company runs a mine has developed three formal agreements between NGGL and the host communities, the first of which is a Social Responsibility Agreement (SRA). This outlines the terms of the relationship between NGGL and stakeholders-namely, that it should be open and transparent in process and positive and mutually beneficial in outcomes. Furthermore, the SRA has formed the basis for an agreed development foundation, the Newmont Ahafo Development Foundation (NADeF), into which the Ahafo Mine has committed $1 per ounce of gold produced and one per cent of net profit. As of December 31 2009, the March 10 www.bus-ex.com 23Mining remains a key focus area for Shell. Shell has dedicated mining teams who ensure that we meet our customers' needs quickly and efficiently. Our offer of fuels, lubricants and associated services reduces downtime, increases uptime and enhances our products' performance. We aim to reduce your total cost of operations and in doing so add value to your business.Shell