- In 1962, Newmont revolutionized the gold mining industry with the world’s first discovery of submicroscopic or “invisible gold.”
- Newmont helped found the ICMM, promoting sustainable development and social responsibility in mining.
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Lean Belt Training: Potential to Save Ghana $3 Million
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Ahafo, Ghana
In just a few short months following the completion of Business Excellence Lean Belt training, Newmont Ghana will potentially save $3 million through increased efficiencies.
The training, which involves lectures, simulations and real-world scenarios, equipped 42 employees with the principles and tools to reduce waste and improve process flow with the vision of improving productivity.
Four training graduates have since applied this newfound knowledge for immediate benefit:
Paul Manestar found a way to reduce planned maintenance shutdowns in the Ahafo Mine, improve gold production and increase the probability of annual plan attainment – an opportunity to save $2 million due to process improvements and waste elimination.
- Gloria Barwuah improved efficiencies in contractor invoicing processing. As a result, invoice errors and omissions dropped from approximately 90 percent to an estimated 5 percent. Her goal is to ensure all contractor invoices are processed quickly with zero errors, and that Newmont supervisors oversee all contractor work.
Emmanuel Asakpo streamlined the particle size of crushed ore to consistently meet customer product requirements of 140 millimeters or less.
- Stephen Attuah-Oppong evaluated bottlenecks and clarified roles to improve customer service and satisfaction through a warehouse server level agreement.
This spring, Newmont Ghana expects that most of the remaining program graduates will have completed their projects, generating additional savings and efficiencies.
April 18, 2011