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Strong Sustainability Performance sees Perseus Mining deliver US$385 million to Ivorian and Ghanaian Economies in 2020

PRESS RELEASE

As part of its longstanding commitment to the communities in which it operates, Perseus reported increasing community investment by 71% to around US$1.9M in CY20
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ACCRA, Ghana, May 4, 2021/ — Perseus Mining Limited (TSX & ASX: PRU) (www.PerseusMining.com) has released its CY20 Sustainable Development Report. The report details the company’s progress over the past 12 months in delivering on its commitment to responsible mining operations in Côte d’Ivoire and Ghana, including an overall economic benefit to host countries totalling about USD$385M.

As part of its longstanding commitment to the communities in which it operates, Perseus reported increasing community investment by 71% to around US$1.9M in CY20, funding critical health and education infrastructure projects for local communities. Additionally, Perseus announced it had increased its proportion of local procurement from 66% in CY19 to 78% in CY20, totalling US$287M, and further expanded its employment of local populations, with 96% of its current workforce local to Ghana and Côte d’Ivoire.

Jeff Quartermaine, Managing Director & CEO of Perseus said:

“Sustainability is deeply rooted in Perseus’s culture and operations and has had a large part to play in our resilience during this challenging year. We believe that responsible gold mining can play a key role in sustainable development, and that investing in our employees and our communities to create enduring social value will remain a guiding force in our growth path and future business operations. I am proud of my team’s effective response to the pandemic which successfully safeguarded our operations as well as our people, enabling us to deliver our Yaouré mine in Côte d’Ivoire this year ahead of schedule. Our approach to sustainability has continued to mature as our business has grown, and in the coming years we look forward to expanding our ESG offering and delivering greater impact across Côte d’Ivoire and Ghana.”

Jessica Volich, Group Sustainability Manager at Perseus said:

“Despite the challenges the past year has brought, Perseus’s sustainability agenda has continued to strengthen and evolve alongside its expanding operations. Our wide-ranging efforts and engagement with our local communities and host governments has enabled us to create shared sustainable value for all our stakeholders. We are committed to strengthening these relationships in the coming years as we endeavour to generate socio-economic value for our people, communities and host countries.”

In CY20, Perseus has enhanced its disclosure on sustainability-related risks and opportunities by aligning with the key reporting frameworks used by our stakeholders. These include the World Gold Council Responsible Gold Mining Principles, Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB) and the Task Force on Climate Related Financial Disclosures (TCFD).

Highlights of the report include:

Economic and Social Contribution

Total economic contribution of US$385M in CY20 to Ghana and Côte d’Ivoire
Increased community investment by 71% (from CY19) to around US$1.9M in CY20, funding critical health and education infrastructure projects for local communities and providing COVID-19 support
Creation of new health clinics near Sissingué to improve health outcomes for the ~27,000 residents of the local communities
Increased in-country employment, with over 96% of total employees from host countries
Local procurement spend of $287M, an increase from 66% in CY19 to 78% in CY20
Held 587 consultations with local communities
Paid >US$69M in taxes, royalties, and duties to Government

Health & Safety performance:

Maintained record of zero workplace fatalities and reduced injuries
Implementation of comprehensive measures and protocols to prevent introduction and spread of COVID-19 and maintain business continuity

Environmental stewardship:

Re-use of 12,495,163 KL of water
Water intensity of 7.46M3/oz gold produced, benchmarked ahead of peers
Enhanced tailings disclosures in line with the Investor Mining and Tailings Safety Initiative, and completed independent audits of all our Tailings Storage Facilities (TSFs)

Governance

Worked with independent sustainability risk experts, KPMG, to refresh sustainability materiality analysis and conduct deeper analysis of sustainability risks and opportunities, and start development of a 3-year sustainability roadmap
Announced appointment of a new Director by the end of FY21 to enhance sustainability skills of the Board
Release of the first Modern Slavery Statement to address potential human rights risks in Perseus’ global supply chain

Future ambitions

Establish a 3-year sustainability roadmap, and enhance social value and sustainability risk management through updates to the Risk Management Framework and policy standards
Establish the Yaouré Community Development Fund in FY21
During FY21 and FY22, Perseus will complete and commence implementation of our biodiversity plan at Yaouré in Côte d’Ivoire mine site in and establish our site nursery, to be staffed by local community members
Explore strategic opportunities for community partnerships in Côte d’Ivoire and Ghana
Achieve full alignment with the World Gold Council Responsible Gold Mining Principles by FY23

Distributed by APO Group on behalf of Perseus Mining Ltd..
For more information, please contact:
Claire Hall
Corporate Communications
Perseus Mining Limited
Phone: +61 414 558 202
Email: Claire.Hall@perseusmining.com

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ECA and UNCTAD jointly hosting event to discuss women’s role in cross-border trade in Africa

ECA and UNCTAD jointly hosting event to discuss women’s role in cross-border trade in Africa

Addis Ababa, 15 March 2021, ECA – The Economic Commission for Africa (ECA) and the United Nations Conference on Trade and Development (UNCTAD) are jointly organizing a webinar on Wednesday 17 March to discuss women’s role in small-scale cross-border trade in Africa.

The virtual event istaking place on the sidelines of the 65thCommission on the Status of Women (CSW), the main global intergovernmental body dedicated to the promotion of gender equality and women’s empowerment.

The topic for discussion is the future for women’s small-scale and informal cross-border traders in Africa, and it comes in response to the global health crisis, as countries in Africa introduced restrictive measures affecting the movement of people and merchandise.

“As has been the case with other shocks, women risk bearing the brunt of this pandemic,” the organizers said, adding: “A more tailored package of measures is needed.”

Speakers to discuss the topic are: Thokozile Ruzvidzo, Director, Gender, Poverty and Social Policy Divisionof the ECA; Simonetta Zarrilli, Chief, Trade, Gender and Development Programme, UNCTAD; Nomagugu Ncube, Chief of Mission of International Organization for Migration in Zambia; Mariana Lopez, Senior Manager GSMA Connected Women Programme; and Goodson Mbewe, President of Cross-border Traders Association of Zambia.

Nadira Bayat, a gender and trade expert at the ECA will be moderating at the session.

 

Issued by:

Communications Section

Economic Commission for Africa

PO Box 3001

Addis Ababa

Ethiopia

Tel: +21 11 51 5826

E-mail: eca-info@un.org

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Okowa congratulates Obasanjo at 84 

Okowa congratulates Obasanjo at 84

Governor Ifeanyi Okowa of Delta on Friday felicitated with former President of Nigeria, Chief Olusegun Obasanjo, as he clocks 84 years.

Okowa, in a statement by his Chief Press Secretary, Mr Olisa Ifeajika, said the octogenerian former leader remained the conscience of the nation.

He said that the former president had continued to give patriotic and unrelenting service to the country and humanity.

He also stated that Obasanjo had contributed hugely to the peace and unity of Nigeria, adding that the former president had miantained a consistent voice on the issues of Nigeria and Africa.

Commending him for his efforts at re-building Nigeria, the governor said that Nigeria recorded the best economic reforms during the administration of Obasanjo.

According to him, it was during his tenure that reforms that repositioned banking, communication and health sectors, and even Pension matters, were introduced and paved way for the revolution of the Nigerian economy.

“On the occasion of your 84th birth anniversary on Friday, I heartily rejoice with you and your family on behalf of the Government and people of Delta.

“As a country, Nigeria benefited immensely from your leadership at various times as several key infrastructure and economic reforms were the hallmarks of your leadership.

“Even at 84, you have continued to give yourself to the service of our nation through your fatherly advice.

“I join your family, friends and well-wishers to thank Almighty God for your life and to pray that He continues to bless you with robust health, guidance, protection and enduring provisions.

“I wish you, our dear father, a well-deserved 84th birth anniversary celebration,” Okowa said.

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Tambuwal, Matawalle call for collective effort to solve Nigeria’s insecurity

Tambuwal, Matawalle call for collective effort to solve Nigeria’s insecurity

Sokoto State Governor, Rt. Hon. Aminu Tambuwal and his Zamfara counterpart, Alhaji Bello Matawalle, on Sunday said the nation’s insecurity challenges requires concerted effort to resolve them.

They stated this while speaking to journalists at Boji-Boji Owa, Ika North East Local Government Area, shortly after a condolence visit on Governor Ifeanyi Okowa of Delta on the demise of his father, late Pa Arthur Okorie Okowa.

Tambuwal who is Chairman of the Peoples Democratic Party (PDP) Governor’s Forum said there is the need for all leaders to come together and work hard to save the situation.

“Without security there cannot be any development and there cannot be peace and you need peace and security to govern and you also need peace and security for you to carry out business transactions and even worship so its key and very fundamental for development in any society.

“So my charge is that all of us as leaders must come together irrespective of whatever views we may have in terms of approach to how the insecurity should be resolved.

“We should all be seen to be working together in coming up with a synergy and a template for resolving all of these conflicts,” he said.

On the new Service Chiefs, Tambuwal said they should be given a chance to show their capacity to resolve the lingering insecurity issues in the country.

“They have just resumed and i think they should be given a chance to work.

“They know the issues and they know why all of us and many Nigerians came out to say that the other Service chiefs should give way for new hands to come in and they should listen to the people and do what is required of them by securing Nigerians,” Tambuwal stated.

He commiserated with Governor Okowa on the death of his father, saying the late Pa Arthur Okorie Okowa lived a very impactful life and would be long remembered for raising children that have made great impacts in the society.

He said that the late Okowa was a great inspiration to his family members and a great patriarch and torchbearer.

On his part, Matawalle said Zamfara had been the epicentre of bandits in Northern Nigeria.

He said his administration has recorded a lot of successes using the kinetic and non kinetic approach.

“As a person I couldn’t just fold my hands and watch my people being killed. We have been fighting that battle using two approaches, the kinetic and non kinetic and we have recorded some successes.

“We are all together, we are the same as one and we have been preaching peace because we want Nigeria to remain one.

“The security of the nation is not just for us as government but for all of us and we have lots of roles we can play as individuals so that we can be at peace as a nation,” Matawalle said.

Responding, Okowa thanked his Sokoto State and Zamfara counterparts for coming to condole with him.

He said his late father inspired him a lot in his political career.

“My dear brothers, I must truly thank both of you for coming because I know how far Sokoto and Zamfara is to Delta.

“I also know that you have security issues in both states but despite that you still found time to come and condole with me on the death of my father.

“Despite the age he passed on, its still a lot of pain to us. In the last two weeks we have received a lot of condolence messages and visits and my siblings and I are truly grateful.

“Upon retirement as a teacher, he went into politics and God used him to guide me when I eventually entered politics years after.

“We missed him a lot but we are further consoled by the love from Nigerians.

“I know what insecurity is to any Governor and I pray that God will enable us to handle the various challenges we have in our various states,” Okowa stated.

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Delta approves over N16bn for roads Delta Government on Thursday announced the approval of the construction and rehabilitation of no fewer than 15 roads across the state at a cost of about N16 billion. This was part of the decisions reached at the State Executive Council meeting presided over by the Governor, Senator (Dr) Ifeanyi Okowa. Briefing newsmen after the council meeting at the Government House, Asaba, the Commissioner for Information, Mr Charles Aniagwu, said that the roads approved were spread across the three senatorial districts for fairness and equity. Aniagwu listed the roads as construction of a bridge across River Ethiope in Umusume Quarters, Obiaruku; internal roads in Okpara-inland, construction of Ituru Road, Elume; construction of Deghele-Bateren Township road in Warri South-West. Others are construction of Oporoza Township Roads in Gbaramatu and construction of Ogbe-Ijoh internal roads in Ogbe-Ijoh, both in Warri South-West and construction of Dantinajo Gold Resort Road, Oleh, Isoko South. They also include the construction and reconstruction of Iregwa/Baleke and adjoining streets in Agbor, Ika South; reconstruction and overlay of Owerre-Olubo/Ute-Ogbeje road, Ika North-East. The commissioner also said that construction of Obi-Ibabu/Ibabu road in Ndokwa West; rehabilitation and expansion of Old Lagos By-Pass (linking Benin/Asaba Expressway to Asaba/Okpanam Road) as well as construction of critical adjoining roads and discharge channel, Okpanam, Oshimili North, were approved by the council. Others in the area, according to him, are construction of Isoko drive/Sir Eric Obiazi street, Madagwa Street/Amantu Crescent, GRA Phase 5, Asaba, Oshimili South and construction of Flood Control Measures on Summit Road through Nwelih Street, St. Patrick’s College, West-End Mixed Secondary School and Uche Medua Ige close. Aniagwu added that the government had approved comprehensive upgrade of facilities in Central Hospitals in Kwale, Ughelli, Oleh, Agbor, Warri and Sapele. He disclosed that approval was also given for Delta Cares Programme, a partnership programme with the World Bank, to resuscitate small and micro businesses affected by the effects of COVID-19 pandemic. The commissioner also stated that the council approved the payment of retirement benefits to some retirees of Delta State University, whose cases had problems.

Delta approves over N16bn for roads

Delta Government on Thursday announced the approval of the construction and rehabilitation of no fewer than 15 roads across the state at a cost of about N16 billion.

This was part of the decisions reached at the State Executive Council meeting presided over by the Governor, Senator (Dr) Ifeanyi Okowa.

Briefing newsmen after the council meeting at the Government House, Asaba, the Commissioner for Information, Mr Charles Aniagwu, said that the roads approved were spread across the three senatorial districts for fairness and equity.

Aniagwu listed the roads as construction of a bridge across River Ethiope in Umusume Quarters, Obiaruku; internal roads in Okpara-inland, construction of Ituru Road, Elume; construction of Deghele-Bateren Township road in Warri South-West.

Others are construction of Oporoza Township Roads in Gbaramatu and construction of Ogbe-Ijoh internal roads in Ogbe-Ijoh, both in Warri South-West and construction of Dantinajo Gold Resort Road, Oleh, Isoko South.

 

They also include the construction and reconstruction of Iregwa/Baleke and adjoining streets in Agbor, Ika South; reconstruction and overlay of Owerre-Olubo/Ute-Ogbeje road, Ika North-East.

The commissioner also said that construction of Obi-Ibabu/Ibabu road in Ndokwa West; rehabilitation and expansion of Old Lagos By-Pass (linking Benin/Asaba Expressway to Asaba/Okpanam Road) as well as construction of critical adjoining roads and discharge channel, Okpanam, Oshimili North, were approved by the council.

 

Others in the area, according to him, are construction of Isoko drive/Sir Eric Obiazi street, Madagwa Street/Amantu Crescent, GRA Phase 5, Asaba, Oshimili South and construction of Flood Control Measures on Summit Road through Nwelih Street, St. Patrick’s College, West-End Mixed Secondary School and Uche Medua Ige close.

 

Aniagwu added that the government had approved comprehensive upgrade of facilities in Central Hospitals in Kwale, Ughelli, Oleh, Agbor, Warri and Sapele.

He disclosed that approval was also given for Delta Cares Programme, a partnership programme with the World Bank, to resuscitate small and micro businesses affected by the effects of COVID-19 pandemic.

The commissioner also stated that the council approved the payment of retirement benefits to some retirees of Delta State University, whose cases had problems.

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Okowa tasks ALGON on recovery of councils’ funds

Okowa tasks ALGON on recovery of councils’ funds

Delta Governor, Senator (Dr) Ifeanyi Okowa, on Wednesday charged the leadership of Association of Local Governments of Nigeria (ALGON) to work towards ensuring that all funds due to local government councils in the country got to them.

Okowa gave the charge when he received the National President of ALGON, Mr Kolade Alabi and his team on a condolence visit at Government House, Asaba.

He urged the ALGON leaders to speak truth to power and ensure that they stood by what was right in the interest of the councils.

He commended the current leadership of the association for its commitment to ensuring that the association was re-organised to achieve results for the councils across the country.

“ALGON in Nigeria today is having its own fair share of challenges and I pray that God helps you to solve the problems, especially as you have decided to lead an ALGON that is forthright, an ALGON that stands for the truth and speak truth to power and ensure that all monies due you get to your people across the nation.

“That is the kind of thing we need now in this country where some people will rise up in the defence of their colleagues and put aside every personal interest.

“When I met with you earlier, I was convinced that the current leadership of ALGON means well for local government councils and I will charge you to continue to drive this process in the interest of the nation.

“Challenges will come your way but when you stand for the truth you will be vindicated and you will leave a lasting legacy having been able to repair the mess that you met on ground.

“It is my prayer that God will grant you favour as you step up to do what is right,” the governor said.

On his late father, he thanked the delegation for the visit, and stated that his father lived a fulfilled life as a great teacher, politician and community leader.

“I welcome you to Delta and thank you for taking time to come from your various states to commiserate with us.

“No matter how old parents are, nobody wants to lose them, but we are consoled that he lived a good life and he had done the best he could to help people in Delta and Nigeria and we are glad he has gone to be with the Lord.

“We have had several condolence visits and we feel loved. The gap that he has left is a very deep pain but because of the love people have shown to us we are consoled,” Okowa stated.

Earlier, Mr Alabi had told the governor that his delegation was in Asaba to condole with him on the passing of his late father, Pa Arthur Oko­rie Okowa.

“We learnt he was a senior teacher, community leader and politician. We are here to celebrate with you for a life well spent for our great father who impacted society very well.

“You have added value to our lives in ALGON through your advice and support and we can’t thank you enough,” Alabi said.