Saturday, June 19, 2021

Perseus Mining contributes US$217m to Ghana’s economy in 2020

Perseus Mining contributes US$217m to Ghana’s economy in 2020

Perseus Mining contributes US$217m to Ghana’s economy in 2020

Perseus Mining Limited (TSX & ASX: PRU) has released its 2020 Sustainable Development Report. The report details the company’s progress over the past 12 months in delivering on its commitment to responsible mining operations in its host countries of Ghana and Côte d’Ivoire, including an overall economic benefit to host countries totalling approximately USD$385M of which US$217 went to Ghana.
Perseus has operated the Edikan mine in Ghana since 2011 and has a longstanding commitment to the communities in which it operates. Perseus provided US$563,000 in social investment, which included US$132,000 donated to the Government of Ghana and US$20,000 to local Communities around the Edikan mine to support them during COVID-19.
A statement from the company said it increased its proportion of local procurement to 85% totalling over US$152M, and further expanded its employment of local populations, with 99.8% of its current employees and contractors local to Ghana. Since 2018, Perseus has been delivering on a commitment to promote and empower women in our communities through job creation opportunities across its sites.
Perseus’s Sustainable Development Report details increases in the proportion of women at the company’s operations, continuing year-on-year growth since 2018. At Perseus’s Edikan mine in Ghana, the company has been leading a continuous professional development programme for women, establishing a Women in Mining Chapter (WIM-EC) in 2019.
The WIM-EC is working to support women in mining by increasing awareness of career opportunities, raising awareness of diversity challenges, and increasing the number of females across all levels of the operation. The Chapter will now work to establish a mentoring program and develop entry pathways into, and career pathways within, Perseus’s operations. Edikan has already seen early positive results with a 3% increase in female representation across the operation since the WIM-EC was established.
Jeff Quartermaine, Managing Director and Chief Executive Officer (CEO) of Perseus said: “Sustainability is deeply rooted in Perseus’s culture and operations and has had a large part to play in our resilience during this challenging year. We believe that responsible gold mining can play a key role in sustainable development, and that investing in our employees and our communities to create enduring social value will remain a guiding force in our growth path and future business operations.
I am proud of my team’s effective response to the pandemic which successfully safeguarded our operations as well as our people, enabling us to deliver our Yaouré mine in Côte d’Ivoire this year ahead of schedule.”
Jessica Volich, Group Sustainability Manager at Perseus also said: “Despite the challenges the past year has brought, Perseus’s sustainability agenda has continued to strengthen and evolve alongside its expanding operations. Our wide-ranging efforts and engagement with our local communities and host governments has enabled us to create shared sustainable value for all our stakeholders. We are committed to strengthening these relationships in the coming years as we endeavour to generate socio-economic value for our people, communities and host countries.”

The post Perseus Mining contributes US$217m to Ghana’s economy in 2020 appeared first on The Chronicle Online.

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