ABOUT US
About thisFoundation
The Zijin Akyem Development Foundation (ZaDeF)
The Zijin Akyem Development Foundation (ZaDeF) is a company limited by guarantee, which started operations in June 2014.
Our establishment followed an agreement (Social Responsibility Agreement), between Newmont, the ten (10) Akyem Mine Communities and the Birim North District in July 2012, to establish and manage sustainable social investments, projects and activities. The Foundation thus serves as the Social Responsibility Vehicle for Newmont Golden Ridge Limited and a Community Development Agency for the 10 mining communities.
ZaDeF Governance:
A Collaborative Model
NAkDeF is supervised by a nine (9) member Board of Trustees, representing Newmont and the Community. Each community further holds a seven (7) member Sustainable Development Committees (SDC) that work directly with the Foundation (Secretariat) to plan, implement and manage developmental projects in their respective towns.
Our projects are funded by Zijin's contribution to the community.
US$1 per ounce of gold sold and 1% of Zijin’s Akyem Mine’s profits (pre-tax). These funds are used for sustainable development and impactful social investment activities under the following thematic areas;
- Human Resource Development
- Provision of Infrastructure
- Socio - Economic Empowerment
- Support for Culture Heritage
- Support for Sports, Youth Development & Voluntary OrganisationsSupport for Culture Heritage
- Natural Resource Projects
