THE University of Mines and Technology (UMaT) at Tarkwa and Newmont Ghana Gold Limited have signed a memorandum of understanding (MoU) under which the mining company will donate US$500,000 towards the acquisition and installation of fire suppression and security surveillance systems in the university.
The MoU forms part of a wider collaboration between the university and the mining company in promoting mutual interest within the sphere of education for students and the country’s mining industry.
A short ceremony for the signing of the MoU and presentation of a cheque for the amount, as well as a sod-cutting for the commencement of the project, has been held on the university campus.
At the ceremony, the Vice Chancellor of the university Professor Daniel Mireku-Gyimah, said for the past three years, the university had been collaborating with Newmont on a number of issues concerning education.
“We are happy about this collaboration with Newmont,” he said, adding “The US$ 500,000 donation will go a long way to protect the critical infrastructure and equipment of the university”.
Prof. Mireku-Gyimah pledged that the money would be used judiciously for the purpose for which it was donated.
The Director of Corporate and External Affairs for Africa of Newmont Ghana Gold Limited, Dr Chris Anderson, explained that the donation formed part of the company’s greater commitment to Ghana.
Newmont, he said, was committed to strengthening educational systems and building capacity in its workforce, host communities and broader knowledge sharing and education locally, regionally and nationally.
Dr Anderson stated that education was a cornerstone to long term and sustainable economic development and that mining was a key contributor to the country’s future growth.
“Since Newmont began operating in Ghana in 2006, it has committed over US$20 million to a variety of educational causes in the country,” he said.
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