Joshua Mortoti

Last updated
Joshua Mortoti
Born
Joshua Mortoti
NationalityGhanaian
Alma mater Kwame Nkrumah University of Science and Technology and Henley Management College
OccupationMining Executive

Joshua Mortoti is a Ghanaian mechanical and mining engineer. He served as the executive vice president and head of West Africa for Gold Fields Limited and president of the Ghana Chamber of Mines. [1] [2] [3] [4] [5]

Contents

Education

Mortoti holds a Bachelor of Science in Mechanical Engineering from the Kwame Nkrumah University of Science and Technology and a Master of Science in Mining Engineering from the University of Mines and Technology. [6] [7] He earned an MBA from Henley Management College in the United Kingdom and he is a Chartered Management Accountant (CIMA CGMA) and a member of the Ghana Institution of Engineering. [8] [9]

Career

Mortoti began his career in the mining industry, focusing on mine operations, engineering, strategic planning, and business development. [10] [11] He spent 15 years with Newmont, holding various managerial and executive roles, including general manager of the Akyem mine and mine Manager of the Ahafo mine. [12] [13] [14]

In April 2021, he joined Gold Fields as vice president of operations for the West Africa Region. [15] [16] [17] Prior to joining Newmont, he served as the business development manager for AngloGold Ashanti's West Africa operations. [18] [19]

In June 2022, Mortoti was elected President of the Ghana Chamber of Mines, taking over from Eric Asubonteng. [20] [21] [22] [23] Additionally, he has been a member of the technical committees of Ghana's Public Utilities Regulatory Commission, Ghana Standards Board, and the Energy Commission. [24]

Related Research Articles

Newmont Corporation is an American gold mining company based in Greenwood Village, Colorado. It is the world's largest gold mining corporation. Incorporated in 1921, it owns gold mines in Nevada, Colorado, Ontario, Quebec, Mexico, the Dominican Republic, Australia, Ghana, Argentina, Peru, and Suriname. In addition to gold, Newmont mines copper, silver, zinc and lead.

AngloGold Ashanti Limited is an independent and global gold mining company with a diverse portfolio of cooperation, projects, and exploration activities, formed in 2004 by the merger of AngloGold and the Ashanti Goldfields Corporation. As of 2022, it was a global gold producer with 21 operations on four continents, listed on the New York, Johannesburg, Accra, London and Australian stock exchanges, as well as the Paris and Brussels bourses, and left the Johannesburg exchange in 2023. As of May 2023, it was the world’s fourth-largest gold miner, with assets in Ghana, Australia, the US, and Argentina.

Goldcorp Inc. was a gold production company headquartered in Vancouver, British Columbia, Canada. The company stood among the largest gold producers in the world, employed about 15,800 people worldwide, engaged in gold mining and related activities including exploration, extraction, processing and reclamation. Goldcorp’s operating assets included eleven mines in North and South America.

<span class="mw-page-title-main">Mining industry of Ghana</span>

Mining in Ghana is a significant contributor to the nation's economy, accounting for approximately 5% of Ghana's Gross Domestic Product (GDP) and 37% of total exports. Gold dominates the mineral sector, contributing over 90% of total mineral exports. In 2019, Ghana overtook South Africa to become the largest gold producer in Africa, producing 142.4 metric tonnes of gold that year.

There are different methods by which gold mining companies are ranked. One is by their annual production. Another is by their cash cost per ounce, that is, how much money it costs them to mine the gold. Since gold prices are the same everywhere, companies with lower costs per ounce make more profit. The most common method lists by market capitalization which considers the total value of capital holdings by that company. Also considered when comparing companies is their market capitalization per ounce of gold equivalent which takes the market value and total reserves and resources for each company as well as the price of gold into consideration. The figures for each company can be used to determine the value the stock market gives to each company's reserves on an ounce to ounce basis.

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<span class="mw-page-title-main">Ghana Chamber of Mines</span> Minerals industry association in Ghana

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<span class="mw-page-title-main">Gold mining in Ghana</span>

Gold mining in Ghana has a long history, dating back to the 10th century when the region was part of the ancient Ghana Empire. Commercial gold mining began in the early 19th century, with Europeans establishing several mines during the colonial period. The first documented large-scale mining operation in Ghana was at Obuasi, where gold was discovered in 1897. By 1900, Ghana, then known as the Gold Coast, had become a major supplier of gold in the British Empire.

Akyem mine is an open-pit gold mine near New Abirem in the Eastern Region of Ghana. It is owned by Newmont. The mine was developed in 2005, with commercial production beginning in 2013.

Eric Asubonteng is a Ghanaian finance and mining executive. He is currently the senior vice president for Joint Ventures at AngloGold Ashanti and had previously served as the General Manager and Managing Director of AngloGold Ashanti's Obuasi Mine in Ghana.He succeeds former Senior Vice President and Managing Director Mark Morcombe, who leaves AGA Ghana after many years of devoted service.

Kwame Addo-Kufuor Jnr was a Ghanaian finance and mining executive who served as the president of the Ghana Chamber of Mines and the first president of the General Assembly of the ECOWAS Federation of Chambers of Mines (EFEDCOM).

Frederick Attakumah is a Ghanaian mining executive and businessman. He was the executive vice president and managing director of Asanko Gold Ghana, and currently serves as the 1st vice president of the Ghana Chamber of Mines

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Michael Edem Akafia is a Ghanaian lawyer, tax practitioner and mining executive. He is currently the Vice President for External Affairs at Gold Fields and President of Ghana Chamber of Mines. He previously served as the Vice President for Legal Affairs at the West African operations of Gold Fields Ltd.

Abdel Razak Yakubu is a Ghanaian mining executive and the executive secretary of the Gold Fields Ghana Foundation

Alfred Baku is a Ghanaian mining engineer and executive. He served as the executive vice president and head of West Africa for Gold Fields Limited

Johan Ferreira is a mining executive and engineer. He served as the president of the Ghana Chamber of Mines.

Jurgen Eijgendal is a mining executive and engineer. He is the managing director of Ghana Manganese Company Ltd and Nsuta Gold Mining Ltd. Eijgendaal previously served as the president of the Ghana Chamber of Mines.

James Kwamena Anaman is a Ghanaian mining executive and corporate affairs consultant. He served as the president of the Ghana Chamber of Mines.

References

  1. ↑ Awal, Mohammed (2022-08-15). "Joshua Mortoti appointed Gold Fields West Africa head". The Business & Financial Times. Retrieved 2024-12-13.
  2. ↑ "Joshua Mortoti appointed Gold Fields West Africa head - MyJoyOnline". www.myjoyonline.com. 2022-08-11. Retrieved 2024-12-13.
  3. ↑ Dzakpata, Fred (2022-08-12). "Mortoti appointed vice-president and head of West Africa for Gold Fields - Asaase Radio". Asaase Radio. Archived from the original on 2024-02-25. Retrieved 2024-12-13.
  4. ↑ Dzakpata, Fred (2024-05-28). "Joshua Mortoti resigns from Gold Fields - Asaase Radio". Asaase Radio. Archived from the original on 2024-08-09. Retrieved 2024-12-13.
  5. ↑ "Gold Fields Ghana Limited has appointed Mr. Joshua Mortoti as its Executive Vice President and Head of West Africa Region". WASSAMANINSIDER.COM. 2022-08-11. Retrieved 2024-12-13.
  6. ↑ "Joshua Mortoti is the New President of Ghana Chamber of Mines". Business Week Ghana. 2022-06-07. Retrieved 2024-12-13.
  7. ↑ "Michael Boadi Nkansah – Ghana Mining & Energy Summit". 2023-04-04. Retrieved 2024-12-13.
  8. ↑ "Ghana Chamber of Mines elects new President, executives - MyJoyOnline". www.myjoyonline.com. 2022-06-07. Retrieved 2024-12-13.
  9. ↑ Dzakpata, Fred (2024-05-28). "Joshua Mortoti resigns from Gold Fields - Asaase Radio". Asaase Radio. Archived from the original on 2024-08-09. Retrieved 2024-12-13.
  10. ↑ "Mining firms acquire own power resource". Modern Ghana. Retrieved 2024-12-13.
  11. ↑ GNA (2020-01-05). "Joshua Mortoti to take over Newmont Goldcorp Akyem Mine as General Manager | News Ghana". newsghana.com.gh/. Retrieved 2024-12-13.
  12. ↑ "Joshua Mortoti to take over Newmont Goldcorp Akyem Mine as General Manager".
  13. ↑ "Joshua Mortoti to take over Newmont Goldcorp Akyem Mine as General Manager - MyJoyOnline". www.myjoyonline.com. 2020-01-05. Retrieved 2024-12-13.
  14. ↑ "Newmont Ghana Akyem Mines Supports New Abirem Government Hospital With COVID-19 Supplies". Modern Ghana. Retrieved 2024-12-13.
  15. ↑ "Gold Fields to enhance capacity of instrumentation engineers with state-of-the-art training rig - MyJoyOnline". www.myjoyonline.com. 2023-08-08. Retrieved 2024-12-13.
  16. ↑ "Large scale gold production hits all-time high in 2022".
  17. ↑ "Gold Fields hands over $1.5 million projects to communities". Graphic Online. 2024-03-18. Retrieved 2024-12-13.
  18. ↑ "Gold Fields Ghana to increase gold production capacity with €450,000 hi-tech rig – Citi Business News". citibusinessnews.com. Retrieved 2024-12-13.
  19. ↑ admin (2023-03-27). "Gold Fields Ghana, AngloGold Ashanti JV to be completed end of year — Joshua Mortoti". Ghanaian Times. Retrieved 2024-12-13.
  20. ↑ "Ghana Chamber of Mines gets new President, Executives". 2022-06-07. Retrieved 2024-12-13.
  21. ↑ admin (2023-11-07). "Govt must scrap taxes on mining exploration activities - Ghana Chamber of Mines". Ghanaian Times. Retrieved 2024-12-13.
  22. ↑ Awal, Mohammed (2023-06-12). "Gold output up 32% as country returns to top spot". The Business & Financial Times. Retrieved 2024-12-13.
  23. ↑ "Gold Fields to produce 800,000 ounces of gold this year". Graphic Online. 2022-01-27. Retrieved 2024-12-13.
  24. ↑ "Ghana Chamber of Mines elects new President, executives - MyJoyOnline". www.myjoyonline.com. 2022-06-07. Retrieved 2024-12-13.
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