Newmont Ghana contributes GHC 331 million to 2012 tax revenue

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• Jon 12 years ago

  This a proper company with values. The directors and board needs to be commended for fulfilling their obligations(social and regulatory) to the government and people of Ghana at large.
  
  Now, the question is, would this cash ...
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  This a proper company with values. The directors and board needs to be commended for fulfilling their obligations(social and regulatory) to the government and people of Ghana at large.
  
  Now, the question is, would this cash be put into good use? These 'stealers' are rubbing their hands with glee. The greedy bastards are ready to siphon the money.

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• Mawusi 12 years ago

  I suspect this is still not enough. How much money are they taking out of the country? How much land are they destroying? How much toxins are they dumping in our environment?
  
  They probably must give more, however, I agree ...
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  I suspect this is still not enough. How much money are they taking out of the country? How much land are they destroying? How much toxins are they dumping in our environment?
  
  They probably must give more, however, I agree that we must commend them for the attempt, because they are at least recognising something is due, unlike others.

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• Nana 12 years ago

  Only 483 million for SIX Years for millions of ounces of gold produced at $1,500 an ounce? This is peanuts. AGC when it was majority state owned paid more than 400 million dollars in just a single year when gold price was 300 ...
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  Only 483 million for SIX Years for millions of ounces of gold produced at $1,500 an ounce? This is peanuts. AGC when it was majority state owned paid more than 400 million dollars in just a single year when gold price was 300 dollars. But that is what happens when you have cruel, ignorant and selfish people rulling you for 2 decades.Shame!

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• OKYEAME 12 years ago

  tax payment is an obligation so we shouldn't be talking as if we are lucky to have received that money. Let us know how much they made and what percentage of the their profit is that 400million they are talking about.

  tax payment is an obligation so we shouldn't be talking as if we are lucky to have received that money. Let us know how much they made and what percentage of the their profit is that 400million they are talking about.

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• ANth 12 years ago

  If Newmont wants to continue to enjoy the goodwill of Ghanaians it must take active steps to prevent the future contamination of water sources and the pollution of natural habitats in its mining environs. Newmont needs to ac ...
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  If Newmont wants to continue to enjoy the goodwill of Ghanaians it must take active steps to prevent the future contamination of water sources and the pollution of natural habitats in its mining environs. Newmont needs to act responsibly from now on. The patience of Ghanaians has been tried to the limit by irresponsible mining companies acting with scant regard for the health and safety of Ghanaians. To our great shame those in authority often appear to turn a blind eye to the criminal practices of some mining companies.

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• JAMES Y 12 years ago

  This kind of a company Ghana really needs in the country. A company that honours its obligation to pay its tax to the state. Not the one which comes to milk the country's resources and gives nothing back.

  This kind of a company Ghana really needs in the country. A company that honours its obligation to pay its tax to the state. Not the one which comes to milk the country's resources and gives nothing back.

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• GHANAian 12 years ago

  OKAY FINE, NEWMONT HAS DONE THEIR HOMEWORK, NOW MY QUESTION IS, HOW MUCH TAX DID ASHGOLD PAY?

  OKAY FINE, NEWMONT HAS DONE THEIR HOMEWORK, NOW MY QUESTION IS, HOW MUCH TAX DID ASHGOLD PAY?

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• Komen 12 years ago

  hmmmmmm. I say.

  hmmmmmm. I say.

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• ANth 12 years ago

  Why don't you appear concerned about the way Newmont has flouted with impunity the health and safety regulations of Ghana?

  Why don't you appear concerned about the way Newmont has flouted with impunity the health and safety regulations of Ghana?

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• KOF 12 years ago

  This is what is called tripple bottom line in corporate world: envrionmental protection, social rresponsibility and profit.

  This is what is called tripple bottom line in corporate world: envrionmental protection, social rresponsibility and profit.

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• Isaac Kusi, Bronx, NY. 12 years ago

  The gold bars are gone for good. Will never be regenerated. They have deposited it safely out of the country. That cash they paid was probably spent on salaries for one month in Ghana. The gold bars are going to last for thou ...
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  The gold bars are gone for good. Will never be regenerated. They have deposited it safely out of the country. That cash they paid was probably spent on salaries for one month in Ghana. The gold bars are going to last for thousands of years. Ghana should mine our own gold and keep in Ghana.

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• Cantankerous 12 years ago

  Newmont must stop contaminating our natural environment and people with its continued willful use of toxic products and methods.Newmont has caused toxic spillages on many occasions in the past. No amount of taxes paid by them ...
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  Newmont must stop contaminating our natural environment and people with its continued willful use of toxic products and methods.Newmont has caused toxic spillages on many occasions in the past. No amount of taxes paid by them can compensate the people being poisoned.

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• London Boy 12 years ago

  Newmont is a multi national company operating in Ahafo and Akyem community
  For a long time now. Why should thy allow Inresponsible Chines miners to continue distroying Akyem land at the cost of future Akyem generation. Akyem ...
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  Newmont is a multi national company operating in Ahafo and Akyem community
  For a long time now. Why should thy allow Inresponsible Chines miners to continue distroying Akyem land at the cost of future Akyem generation. Akyem chiefs are greedy.

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• Obibini 12 years ago

  Our leaders are so blinded by greed and corruption. Our lands have been destroyed by mining and galamsey. in spite of Ghana being the 6th biggest gold producer our national reserve has only 8 tonnes of Gold when the USA has o ...
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  Our leaders are so blinded by greed and corruption. Our lands have been destroyed by mining and galamsey. in spite of Ghana being the 6th biggest gold producer our national reserve has only 8 tonnes of Gold when the USA has over 8000 tonnes of Gold. Does this not tell us anything? Taxes are paid on how much profit you declare. With Ghana's weak tax system, these guys may be giving us a pittance of what they've really got. In which country in the world would a foreigner go and mine without permission and be armed with guns attacking its own citizens? Okyenhene Osagyefuo Amoatia Ofori Panin is living in Accra whilst chinese people are mining illegally behind his own kyebi residence and he doesnt even care. River birim which produces water for kyebi inhabitance is now undrinkable because of the kind of mining Newmount and their galamsey chinese miners are doing in the town. God have mercy on Ghana!!! Someone is even thanking Newmount in this forum. Thats how sad the state of affairs is in Ghana. No one knows, and no one cares. We are passionate about football and our country is being usurped and destroyed by foreigners.

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• OKYEAME 12 years ago

  Thank you Sir

  Thank you Sir

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• Eric N 12 years ago

  I am from ahafo in kenyasi and I can say with authorithy that Newmont is doing absolutly nothing to help us. Come and check the roads their big trucks ply horrible.

  I am from ahafo in kenyasi and I can say with authorithy that Newmont is doing absolutly nothing to help us. Come and check the roads their big trucks ply horrible.

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• Sankofa 12 years ago

  So how much profit has Newmont made. and will it pay the windfall tax?
  
  It is not enough telling us what you are doing for the country. Are you fulfilling all your tax obligations?

  So how much profit has Newmont made. and will it pay the windfall tax?
  
  It is not enough telling us what you are doing for the country. Are you fulfilling all your tax obligations?

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• EFO JATO 12 years ago

  SO IF OUR 5% COULD GIVE US THIS,THEN,WE SHALL GET MORE MONEY IF WE NEGOCIET WELL.GHANA CAN DO BETTER THAN THIS.

  SO IF OUR 5% COULD GIVE US THIS,THEN,WE SHALL GET MORE MONEY IF WE NEGOCIET WELL.GHANA CAN DO BETTER THAN THIS.

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• EFO JATO 12 years ago

  THIS IS NOT THE REAL AMOUNT PAID, TELL MAHAMA, TO TELL US THE TRUTH.FIFI KWETEY WHERE IS THE MONEY?DID YOU PUT IT IN ENERGY?OR WATER,OR IN THE ELECTION RIGGING?

  THIS IS NOT THE REAL AMOUNT PAID, TELL MAHAMA, TO TELL US THE TRUTH.FIFI KWETEY WHERE IS THE MONEY?DID YOU PUT IT IN ENERGY?OR WATER,OR IN THE ELECTION RIGGING?

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