We want to ensure local communities benefit from the mine economy - Cardinal Namdini CEO
The company engaged suppliers and service providers to deepen their understanding of its operational requirements and the obligations under Ghana's local content provisions.
Cardinal Namdini Mining Limited (CNML), a company operating the Namdini Gold Mine in Ghana's Talensi District, has reiterated its dedication to adhering to local content regulations. To this end, CNML has expanded its collaboration with local suppliers and service providers in order to create employment opportunities and business prospects for the local community and the wider region.
During the recent supplier summit, CNML engaged its vendors to enhance their understanding of the company's operational requirements, as well as comply with Ghana's local content provisions. Topics covered included financial management, invoicing, payment and tax compliance, procurement needs, winning tenders and bidding beyond price, the goods procurement process, and CNML's commitment to local content.
Vice President of CNML, Mr. Qi Xuanya, expressed gratitude to the company's service providers for adhering to the company's supply regulations and Ghana's mining laws. He emphasized that CNML is fully compliant with mining regulations and is committed to maintaining the country's reputation as a responsible natural resource management entity.
Local Content and Grievance Management Superintendent, Godwin Sebil Bade-daamir, highlighted the importance of the local content policy in providing alternative employment opportunities for the local community, as direct jobs at the mine are limited. He stated that by leveraging the existing legal framework for local content, CNML aims to indirectly benefit the local community through empowering its suppliers, providing them with the necessary skills and technology to become globally competitive.
Ultimately, this should lead to an improvement in the living standards of not only the vendors and suppliers but also their families.
Manager for Supply Chain Management, Mr. Justice Okoe-Martey, emphasized that the supplier summit is a platform to improve vendor performance through structured processes. The objective is to upscale these companies, enabling them to bid for higher-value items in the future. Mr. Okoe-Martey acknowledged that while the company has met its objective during the maiden edition, there is still much work to be done and this is just the beginning.
He added that in the future, CNML aims to widen the net to include more reliable businesses already working with the company.
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