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Old April 28th, 2012, 10:01 AM   #1
obeeme
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Adamus Resources complete Salman Village resettlement project

Adamus Resources Limited, the Ghana-based subsidiary of Endeavour Mining Corporation has completed the Salman Village project at the cost of $29 million and resettled all 2,200 residents of communities near the company’s Nzema Gold Mine.

Vice President in Charge of Sustainability at Adamus, Mark Addo disclosed this to a group of journalists and editors at a meeting to introduce the management and activities of Endeavour in Ghana to the media.

He said the Salman Village was located on a 250-acre site purchased in 2008, which was approximately 1km to the east of the planned mining at Salman Central pit.

Mr. Addo noted the village comprised of 706 structures including residential dwelling, detached kitchens, as well as religious and commercial buildings.

There were also 29 public structures comprising of schools, health centers, police station, teachers, nurses and polices quarters, a fully furnished palace for the chief of the area and some 20 ablution blocks for the Moslem community.

The company also constructed a 7km of gravel roads, 17 boreholes, and connected electricity to all residential and community buildings.

Mr. Addo said the construction of the village was an integral part of the mine approval and was constructed between Adamus and the Salman community over a period of two years, at the end of which the company and the community signed a Resettlement Agreement on May 11, 2010.

He noted that Endeavor used an innovation approach to building the resettlement village, saying that both the residential and community structures were built with hydraform bricks, which were stronger and cooler than cement, and also enhanced both the aesthetic and practical benefits of the new village.

“As part of the resettlement package, the company also started a livelihood restoration program under which it restored the livelihoods of over 500 farmers impacted by the Nzema Gold Project – additionally the company recently launched the Nzema Gold Scholarship Program, which will benefit talented youth pursuing secondary, tertiary and vocational education in the area,” he said.

Mr. Addo said nine students from Salman have already benefitted from the scholarship scheme, whiles some 40 others have also been sponsored to enroll in the Kikam Technical Institute for vocational training in aluminum fabrication, electrical installation, computer hardware and mobile phone repairs, as well as refrigeration and air-conditioner repair.

“These programmes are run by Endeavour and the Australian High Commission in Ghana and we plan to extend it to other communities in the area next academic year,” he said.

Mr. Addo said apart from providing income-generating skills to people in the area, it had provide jobs in the mines for four university graduates, who are learning on the job and fast growing into hot cakes for the entire mining market.

A statement from the company quoted Chief Operating Officer of Adamus Resources, Mark Connelly as saying: “One of the most important aspects of the Nzema Gold Mine development has been the resettlement of the local Salman community village – we have completed an outstanding result and have established a protocol for future involuntary resettlement within Ghana and its mining jurisdiction.”

Endeavour is currently producing 180,000 ounces of gold per year from two operating mines, Nzema in Ghana, and Youga in Burkina Faso, with plans to start mining in Agbaou in Cote d’Ivoire and undertake extensive mining exploration.

The company’s activities in Ghana have been mainly exploratory for the past seven year, but there are plans to expand gold production to 250,000 ounces a year by the 2013 from its existing properties.

Endeavour is listed on the Toronto Stock Exchange and on the Australian Stock Exchange
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Old April 29th, 2012, 10:54 AM   #2
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