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Flush out remaining galamsey operators from AngloGold Obuasi mine


AngloGold Ashanti Ghana Limited has reiterated its calls for government to completely flush out illegal miners occupying the Obuase mine. The call comes after government successfully deployed security forces to remove illegal miners operating in the Sansu Lizard Face and Wawase areas, stopping them from making further incursions into the underground work of the Obuase mine. Speaking to Citi Business ...

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Mining companies ready to switch to renewable energy – Mines Chamber

Mining energy

Mining companies will soon be resorting to renewable energy sources to meet their energy needs as part of processes to reduce burden on the national grid and reduce their cost of operation. This is according to the CEO of the Ghana Chamber of Mines, Sulemanu Konney. “Companies are actually considering it seriously before long we are to see the companies ...

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Govt to flush out galamsey operators from Obuase mine -Minerals Commission

Dr. Toni Aubynn was appointed Chief Executive Officer (CEO) of the Minerals Commission in 2014

Government is currently engaging and employing all legitimate tactics to flush out illegal miners occupying AngloGold Obuasi mine, The Minerals Commission has disclosed. According to the commission, government and its allied agencies were only weighing all options available to it to ensure that life and properties are protected during the process. Speaking to Citi Business News Chief Executive Officer of ...

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AngloGold Ashanti donates medical equipments worth ₵1.3m to Obuasi Government Hospital


Mining giant AngloGold Ashanti Ghana Limited (AGA) donated a range of medical equipment to the Government Hospital. This according to AngloGold Ashanti is part of  its commitment to improve the health of the people of Obuase and its operational areas. The medical equipment donated included suction machines, general surgery packs and supplies, surgical instruments and dental supplies estimated at a ...

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Govt urged to renegotiate zero budget financing in IMF programme


Economist, Dr. Eric Osei-Assibey has urged government to renegotiate with the International Monetary Fund(IMF) to relax the provision that requires the Bank of Ghana(BoG) to reduce its budget financing from 10 percent to zero. This follows an earlier assertion by the Institute for Fiscal Studies (IFS), criticizing government for accepting the provision under a $918 million Extended Credit Facility. Speaking ...

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Newmont appoints new head for Africa

Alwyn Pretorius

Alwyn Pretorius has assumed the helm of Newmont Mining Corporation’s Africa operations as Senior Vice President, Africa Operations after the company announced his official appointment in March. Mr. Pretorius brings more than 20 years of gold sector experience to the role with extensive expertise in underground deep-level gold mining. Before joining Newmont, he was the Chief Operating Officer of Harmony ...

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AngloGold Ashanti presses govt to restore peace at Obuasi mine


Mining giant AngloGold Ashanti has justified its move to compel the government of Ghana to use its authority in restoring peace and stability to the company’s Obuasi gold mine. Anglogold Ashanti announced on June 22, 2016 that  it is petitioning the World Bank’s International Centre for Settlement of Investment Dispute (ICSID) to compel Ghana to end the continues stay of ...

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AngloGold seeks an order compelling Ghana to end Obuasi mine invasion


Citi Business News can confirm that AngloGold Ashanti Ghana, has formally asked the World Bank’s International Centre for Settlement of Investment Dispute (ICSID) to compel the government of Ghana to flash out all illegal miners and return peace and stability to the Obuasi Gold Mine. This follows the complaints over the invasion of the company’s Obuasi Mine by the illegal ...

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Small scale miners resist 10% tax on activities

Illegal mining in Ghana

The Ghana Association of Small Scale Miners (GASSM) is up in arms with government over the introduction of a 10 percent withholding tax to be slapped on its members following the revision of the Income Tax, 2015, (Act 896). According to GASSM, the 10 percent withholding tax is ridiculous and will erode the profits of the miners. Speaking to Citi ...

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Nine people die at Anglogold Ashanti’s Obuasi mine

AngloGold AshantiL ogo

Nine miners who are part of a group of illegal miners who have taken over AngloGold Ashanti’s Obuasi mine, have been reported dead at the mine. Their death follows serious injuries they sustained due to the hazardous working conditions at the mine. Speaking to Citi Business News on the development, the General Manager & Managing Director of the Obuasi Mine, Eric Asubonteng ...

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Ghana Business News