Business News of Thursday, 7 June 2007

Source: GNA

Ghana Chamber of Mines opens exhibition

Accra, June 7, GNA - Mr Jurgen Eijgendaal, President of the Ghana Chamber of Mines, said on Thursday that contrary to public perceptions, the mining industry had mitigated the potential adverse effects of its activities by working in a socially responsible manner and without compromising the future of the next generation.

Speaking at the launch of a three-day exhibition on the industry as part of the 79th Annual General Meeting of the Ghana Chamber of Mines, Mr. Eijgendaal said the professional relationship developed with the workforce, the host communities and environmental framework, had given rise to a number of broader responsibilities focusing on environmental management, infrastructure development, education and skills development, health and safety and economic empowerment. "We want the general public to know about the benefits of mining. We go back in time, but also look forward and underline what the Chamber and its members are contributing to the economic growth of Ghana." Mr Eijgendaal noted that the industry's obligation to society extended beyond the statutory obligation to comply with the legislation and as such it was one of the best-monitored industries in Ghana. He said the exhibition was expected to bring mining closer to the broader public and to give a good idea and better understanding of the operations of mining companies and its supporting industries. It would also enable the general public to know how the mining industry operated in a socially and environmentally sound manner, taking into consideration the needs of the host communities. The AGM being marked on the theme: "Mining and the Development of Ghana, Past, Present and Future," will feature a public lecture on the contributions of the industry to the country's socio-economic development.

Among companies exhibiting are Newmont Ghana Limited, AngloGold Ashanti, Gold Fields Ghana, African Explosive and Environmental Protection Agency (EPA) as well as Barclays and Stanbic Banks. 07 June 07