• About
  • Advertise
  • Privacy Policy
  • Contact
Thursday, July 9, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in Extractives/Energy

AngloGold Ashanti Reaffirms Commitment to Community Benefit 

Prince Agyapongby Prince Agyapong
June 10, 2025
Reading Time: 5 mins read
Stewart Bailey, Chief Sustainability and Corporate Affairs Officer at AngloGold Ashanti

Stewart Bailey, Chief Sustainability and Corporate Affairs Officer at AngloGold Ashanti

Stewart Bailey, Chief Sustainability and Corporate Affairs Officer at AngloGold Ashanti, has underscored the company’s unwavering commitment to ensuring that mining operations in Ghana produce tangible benefits for local communities.  

Speaking in an interview, Bailey outlined the mining giant’s vision of sustainable development built on the principles of shared value, economic inclusion, and long-term partnership with the Ghanaian people. 

“We totally endorse the view that you need shared benefits from the development of this resource; without that, you jeopardise your entire license to operate. So let me be clear that it is something we totally support.” 

Stewart Bailey, Chief Sustainability and Corporate Affairs Officer at AngloGold Ashanti

This clear statement highlighted a critical reality facing multinational mining companies today: the “social license to operate” is no longer a peripheral issue, but central to maintaining long-term viability.  

For AngloGold Ashanti, which has operated in Ghana for decades, the focus on inclusive development is not just a corporate responsibility but a strategic imperative. 

ADVERTISEMENT

Bailey emphasized that AngloGold Ashanti’s strategy for community benefit is not just philanthropic, but structural.  

A significant part of this approach, he explained, involves incorporating local businesses into the company’s supply chain, particularly in the upstream portion of the mining process.  

AngloGold Ashanti
AngloGold Ashanti

This ensures that value is not only extracted from Ghana’s natural resources but also reinvested through job creation and business development. 

“It is important that we make sure that our local communities not only are seen to benefit but see tangible benefits from those mines.

“So that starts with employment, making sure that wherever possible, we align local companies to provide those goods and services that we need to continue.” 

Stewart Bailey, Chief Sustainability and Corporate Affairs Officer at AngloGold Ashanti

This focus on upstream integration points to a more sustainable economic model where mining becomes a driver for local industrialisation, entrepreneurship, and skills development.  

ADVERTISEMENT

Investing in local capacity, AngloGold Ashanti seeks to stimulate a broader economic ecosystem that extends beyond the mine site. 

Long-Term Partnership with Ghana 

bibiani mine
AngloGold Ashanti Miners

Bailey was emphatic about AngloGold Ashanti’s enduring presence in Ghana, a country that has played a central role in the company’s global operations. He reiterated that the company’s strategy is rooted in long-term collaboration and mutual benefit. 

ADVERTISEMENT

“We’ve been here for decades, and we will be here for decades more.

“We need to be working with our partners in Ghana, and that is what we fully intend to do.” 

Stewart Bailey, Chief Sustainability and Corporate Affairs Officer at AngloGold Ashanti

This long-term view reflects the company’s broader corporate sustainability strategy, which aligns with global ESG (Environmental, Social, and Governance) standards and Ghana’s own development priorities.  

Positioning itself not just as a mining company but as a partner in national development, AngloGold Ashanti seeks to secure both its future and that of the communities it serves. 

AngloGold Ashanti is not new to the concept of value sharing. Over the years, the company has pioneered initiatives that prioritise local hiring, supplier development, and infrastructure investment in its host communities.  

Bailey pointed out that these commitments are part of the company’s long-standing ethos. 

Driving Inclusive Workforce
Driving Inclusive Workforce 

“AngloGold Ashanti has long been a leader in value sharing, ensuring that local businesses and workers play a significant role in the company’s operations.” 

Stewart Bailey, Chief Sustainability and Corporate Affairs Officer at AngloGold Ashanti

Such initiatives include skills training programmes, educational partnerships, and support for community health systems, all of which contribute to a holistic model of sustainability.  

The approach has helped build goodwill and foster resilient relationships between the company and the communities in which it operates. 

AngloGold Ashanti’s message, as delivered by Stewart Bailey, is clear and compelling: the future of mining in Ghana must be inclusive, responsible, and community-centered.  

The company’s commitment to shared value, local participation, and long-term partnership sets a strong example for others in the sector. 

As Ghana continues to position its natural resource industries as levers for socio-economic development, companies like AngloGold Ashanti will play a pivotal role in shaping a mining sector that benefits not just shareholders, but society as a whole. 

READ ALSO: Gov’t Tightens Grip on Rates, Sacrifices GH¢1bn in Bids as T-Bill Auction Misses Mark 

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: AngloGold Ashanticommunity miningGhana MiningStewart Bailey
Share1Tweet1ShareSendSend
Please login to join discussion
Previous Post

Israel Deports Greta Thunberg And Other Members Of The Madleen Crew

Next Post

Gov’t Implores Nurses to Rescind Strike Action, Commits to Resolve Concerns 

Related Posts

Renewable Energy Sources
Extractives/Energy

Gov’t Targets Cheaper Industrial Power with 1.5GW Renewable Energy Project for 24-Hour Economy

July 8, 2026
Mining Site
Extractives/Energy

Tarkwa Mining Lease Renewal Seems Increasingly unlikely – Expert Explains

July 8, 2026
GIPC CEO
Extractives/Energy

GIPC Calls on Saudi Arabian Investors to Explore Opportunities in Ghana’s Mining Industry

July 8, 2026
Ghana Gold Board
Extractives/Energy

GoldBod Saves Lives Through its Special Intervention Programme

July 8, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

Minister for Food and Agriculture, Hon. Eric Opoku, joins the passing out ceremony of the 506 Feed Ghana Brigadiers, who will serve as District Feed Ghana Coordinators nationwide.

Government Deploys 506 Feed Ghana Brigadiers to Boost Food Security

July 8, 2026
Renewable Energy Sources

Gov’t Targets Cheaper Industrial Power with 1.5GW Renewable Energy Project for 24-Hour Economy

July 8, 2026
download 22

Judges Deny Request To Return Trump’s Name To Kennedy Center

July 8, 2026
His Excellency John Dramani Mahama

Chieftaincy Succession Reforms To End Corrupt Leadership — President Mahama

July 8, 2026
Adenta-Dodowa Road Project

Adenta-Dodowa Road Hits 63% Milestone, Contractor Targets March 2027 Completion

July 8, 2026
ADVERTISEMENT
Next Post
Hon. Kwabena Mintah Akandoh, Ghana's Minister of Health

Gov't Implores Nurses to Rescind Strike Action, Commits to Resolve Concerns 

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.