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For its compliance and commitment to paying the right tax due government, Newmont Ghana has been awarded the most outstanding corporate taxpayer for 2011. In 2011, Newmont Ghana paid over $152 million (GH� 241 million) to the Large Tax Payers Unit of the Internal Revenue Service. The amount paid included payments on corporate tax, income tax, stabilisation levy and withholding tax. The Ghana Revenue Authority (GRA) in recognition of its tax payment compliance cited Newmont Ghana as �demonstrating good corporate citizenship in the prompt payment of its taxes�. A statement issued by Newmont Ghana in Accra on Thursday quoted Mr Dave Schummer, Senior Vice President, Africa Operations as saying: �We appreciate being recognized by the GRA for our commitment to this aspect of our business and we look forward to continue to work with the Government and affected communities to enhance the long-term benefits of our operations to Ghana and Ghanaians.". According to a study by Prof Ethan Kapstein, a renowned political economist and sustainable development expert, shows that Newmont Ghana�s Ahafo Mine, in 2009: 1. Was a major contributor to Ghana's economy, generating � Nearly 10% of the nation's total exports (USD 528 MM) � About 4.5% of its total foreign direct investment in 2009 2. Directly and indirectly supported � About USD 174m of Value Added � Some 48,000 jobs in Ghana 3. Played a significant developmental role in the communities around the Ahafo mine; in 2009 alone, it � Provided 99 local companies with nearly USD$ 6 million in contracts and thereby � Supported more than 400 jobs, not including direct mine employment.