Categories: Corporate Social Responsibility / Education

Perseus Mining Awards GH¢278,000 Scholarships to 172 Youths in Ghana’s Host Communities

Perseus Mining Awards GH¢278,000 Scholarships to 172 Youths in Ghana’s Host Communities

Perseus Mining launches substantial education support in host communities

In a strong show of commitment to community development and education, Perseus Mining Ghana Limited (PMGL) has awarded scholarships totaling GH¢278,279 to 172 youths from its host communities. The grants are funded through the Edikan Trust Fund, an initiative designed to open doors for students who face financial barriers to pursuing higher education or vocational training.

About the Edikan Trust Fund

The Edikan Trust Fund is a cornerstone of Perseus Mining’s community relations strategy in Ghana. By providing targeted financial assistance, the fund aims to reduce dropout rates, increase access to tertiary education, and support sustainable development within communities surrounding the company’s operations. The latest bursary round demonstrates the Trust Fund’s ongoing role in empowering young Ghanaians to build skills for the jobs of the future.

Who benefits and how the funds are used

Eligible recipients include students pursuing undergraduate degrees, diploma programs, and professional certifications. The scholarships cover tuition, fees, and, where applicable, a modest allowance for learning materials and living costs. The selection process emphasizes academic merit, financial need, and a demonstrated commitment to making a positive impact in the beneficiary’s community. A portion of the funds is reserved for students entering fields aligned with the region’s development priorities, such as science, technology, engineering, and entrepreneurship.

Impact on host communities

By supporting 172 youths, Perseus Mining reinforces the social contract with communities that host its mining operations. Education remains a powerful pathway out of poverty, and financial support at critical junctures—such as university entry or professional training—can change life trajectories. The company notes that educated graduates in the area are more likely to contribute to local development, attract investment, and encourage responsible, sustainable growth in years to come.

Quotes and community response

While the formal ceremony highlighted the grant numbers, the real impact lies in the opportunities unlocked for each recipient. Community leaders expressed appreciation for PMGL’s sustained investment in education, stressing that consistent support builds trust and fosters future collaborations between the mining company and host communities.

Looking ahead

Perseus Mining indicates that scholarship programs will continue in subsequent years under the Edikan Trust Fund. The company remains focused on expanding access to tertiary education and supporting vocational training pathways that align with local development needs. The ongoing scholarship initiative complements other community programs, such as local capacity building, health outreach, and environmental stewardship, contributing to a more resilient, educated, and empowered population.

Why education funding matters in mining regions

Educational investments in mining areas are widely recognized as essential for sustainable development. They help diversify local economies, reduce dependency on the single industry, and prepare the next generation to participate in higher-skilled roles. Perseus Mining’s bursaries are a practical step toward that broader goal, signaling a long-term investment in people rather than only in mineral resources.