AngloGold Ashanti Iduapriem reviews crop rates

Stakeholders and farmers of AngloGold Ashanti Iduapriem Gold Mine host communities have met to deliberate and agree on crop rates for mine-wide farm compensation for 2018.

The meeting held yearly, brings together relevant stakeholders to review crop rates used to pay compensation to farmers whose activities are impacted by the mine to reflect the prevailing market conditions.

Crop rates has become an industry practice where each year a broad range of stakeholders meet to agree on compensations for affected farmers in line with the Compensation and Resettlement Regulation 2012 (LI 2175). The stakeholders were constituted to negotiate for crop rates that will be used for farm compensation throughout the year.

A Senior Officer-Land Access of the Mine, Bismark Yeboah explained the modalities used in calculating crop rates and encouraged stakeholders to be objective and fair during the negotiations “as we strive to reach an agreeable rate that is fair and beneficial to all negotiating parties’’.

Acting Senior Manager – Sustainability of the Mine, Stephen Adjei said the Mine is committed to ensuring that fair compensation is paid to any farmer impacted by the activities of the mine.

According to the Odikro of Badukrom Nana Kofi Guma Bio, the meeting afforded them the opportunity to be part of the setting of the crop rates for 2018.

Signing the agreed rates, an elated Madam Awo Wugah, the 2017 Municipal Best Farmer stated “the interactive session has been educative and it will go a long way to help farmers”.

Speaking on the sidelines the Agricultural Director, Tarkwa Nsuaem Municipality, Mr. Otu commended the mine for institutionalizing such review discussions on their crop rate.