No Result
View All Result
Tuesday, June 28, 2022
Citi Business News
  • Home
  • News
    • All
    • Agriculture
    • Economy
    • General
    • Government
    • Local Economy
    • Top Stories

    Employ targeted-subsidized systems to check macro-economic challenges – Prof. Quartey

    Inflation in Africa: Some subsidy programs prolonging situation – Jeff Gable

    Cedi Summit comes off today at Alisa Hotel

    BoG’s supply of dollars to BDCs drops from 85% to 21% within 3 months – CBOD

    BoG, CSA deepen collaboration to fight cyber threats

    Societe Generale Ghana launches new ‘boafo loan product’ assist MSMEs

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    Intravenous Infusions PLC records 10% growth in profit in 2021

    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

  • Business
    • All
    • Agribusiness
    • Banking And Finance
    • Manufacturing
    • Markets
    • Mining
    • Oil And Gas
    • Real Estate
    • Tourism
    • Transport

    Cedi Summit comes off today at Alisa Hotel

    BoG’s supply of dollars to BDCs drops from 85% to 21% within 3 months – CBOD

    Societe Generale Ghana launches new ‘boafo loan product’ assist MSMEs

    CBOD calls for a more structured supply of Forex for petroleum products

    Bank of Namibia Governor pays courtesy call on BoG Governor

    DBG funds will not be used to buy gov’t securities – Deputy CEO assures

    Producer Price Inflation rises again to hit 33.5% in May 2022

    #CitiBusinessFestival: Garment industry needs financial support to thrive – Cyndex CEO

    Ghana tops list of countries with cheapest cost of electricity in West Africa

  • TECHNOLOGY

    BoG, CSA deepen collaboration to fight cyber threats

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    ADB pioneers in global remittance services in Ghana [ARTICLE]

    Introduction of GhanaPay complements efforts to capture the unbanked into digital payments ecosystem – Veep

    #CitiBusinessFestival: How the country can take advantage of the “Ghana Opportunity”

    Chamber of Telecommunications calls for more investment into Technology to improve livelihoods

    Citi Business Festival: Address lack of financial data challenges using MoMo – Rufai Abdul Majeed

    Citi Business Festival: Acquiring digital skills key to securing employment – Maximus Ametorgoh

    Bank of Ghana commences piloting of digital currency in Sefwi Asafo

  • INTERNATIONAL
    • All
    • Africa
    • Asia
    • Europe
    • Middle East
    • US

    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

    Ivory Coast is set to receive $26.1 billion worth of development finance from 4 lenders, the EU and France

    Gulf central banks, Bank of England raise policy rates after Fed hike

    US Fed meets inflation surge with 75bp hike

    As Nigeria’s inflation rate accelerates to 17.71%, the World Bank warns millions could face extreme poverty

    Modern airline tickets design with flight time and passenger name. Plane tickets vector pictogram. Airline boarding pass template. Vector illustration. The concept of air transportation

    Ticket prices to rise following B.A schedule change on Accra-London-Accra route

    Bawumia calls for more AfDB support as African economies battle global challenges

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Take control of financing on the continent – Ofori-Atta to AfDB

  • FEATURES
  • Videos
Citi Business News
  • Home
  • News
    • All
    • Agriculture
    • Economy
    • General
    • Government
    • Local Economy
    • Top Stories

    Employ targeted-subsidized systems to check macro-economic challenges – Prof. Quartey

    Inflation in Africa: Some subsidy programs prolonging situation – Jeff Gable

    Cedi Summit comes off today at Alisa Hotel

    BoG’s supply of dollars to BDCs drops from 85% to 21% within 3 months – CBOD

    BoG, CSA deepen collaboration to fight cyber threats

    Societe Generale Ghana launches new ‘boafo loan product’ assist MSMEs

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    Intravenous Infusions PLC records 10% growth in profit in 2021

    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

  • Business
    • All
    • Agribusiness
    • Banking And Finance
    • Manufacturing
    • Markets
    • Mining
    • Oil And Gas
    • Real Estate
    • Tourism
    • Transport

    Cedi Summit comes off today at Alisa Hotel

    BoG’s supply of dollars to BDCs drops from 85% to 21% within 3 months – CBOD

    Societe Generale Ghana launches new ‘boafo loan product’ assist MSMEs

    CBOD calls for a more structured supply of Forex for petroleum products

    Bank of Namibia Governor pays courtesy call on BoG Governor

    DBG funds will not be used to buy gov’t securities – Deputy CEO assures

    Producer Price Inflation rises again to hit 33.5% in May 2022

    #CitiBusinessFestival: Garment industry needs financial support to thrive – Cyndex CEO

    Ghana tops list of countries with cheapest cost of electricity in West Africa

  • TECHNOLOGY

    BoG, CSA deepen collaboration to fight cyber threats

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    ADB pioneers in global remittance services in Ghana [ARTICLE]

    Introduction of GhanaPay complements efforts to capture the unbanked into digital payments ecosystem – Veep

    #CitiBusinessFestival: How the country can take advantage of the “Ghana Opportunity”

    Chamber of Telecommunications calls for more investment into Technology to improve livelihoods

    Citi Business Festival: Address lack of financial data challenges using MoMo – Rufai Abdul Majeed

    Citi Business Festival: Acquiring digital skills key to securing employment – Maximus Ametorgoh

    Bank of Ghana commences piloting of digital currency in Sefwi Asafo

  • INTERNATIONAL
    • All
    • Africa
    • Asia
    • Europe
    • Middle East
    • US

    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

    Ivory Coast is set to receive $26.1 billion worth of development finance from 4 lenders, the EU and France

    Gulf central banks, Bank of England raise policy rates after Fed hike

    US Fed meets inflation surge with 75bp hike

    As Nigeria’s inflation rate accelerates to 17.71%, the World Bank warns millions could face extreme poverty

    Modern airline tickets design with flight time and passenger name. Plane tickets vector pictogram. Airline boarding pass template. Vector illustration. The concept of air transportation

    Ticket prices to rise following B.A schedule change on Accra-London-Accra route

    Bawumia calls for more AfDB support as African economies battle global challenges

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Take control of financing on the continent – Ofori-Atta to AfDB

  • FEATURES
  • Videos
No Result
View All Result
Citi Business News
No Result
View All Result

AngloGold Ashanti targets recruitment of over 2,000 workers for Obuasi mine

byEdwin Kwakofi
June 5, 2019
in Economy, Mining, Top Stories
Share on FacebookShare on TwitterShare on Whatsapp

Mining giant, AngloGold Ashanti has revealed that it is planning to recruit about 2,500 workers following its resolve to resume full-scale operations at its Obuasi mine.

The Managing Director of the company, Mr. Eric Asubonteng made this known at a Town Hall meeting organized by the mining giant with stakeholders in Obuasi.

Mr. Eric Asubonteng also gave updates on various projects that are underway to bring the company back into full operations.

ADVERTISEMENT

He said workers in the mines are putting up their very best to ensure that between now and the end of 2019, a lot would be done to get the company to a point where it can operate at about 50% capacity while the plant would be able to produce 2,000 tones per day of materials mined from underground.

He said moving forward, the company is looking at recruiting more from the Obuasi community as it has already employed about 1,167 locals out of, 1,870 current workers which will rise up to 2,500 or more in future.

The General Manager also mentioned that AGA has submitted it’s labour plan to the Minerals Commission in which the organization’s structure had been clearly spelled out to train more youths to help grow and develop more Ghanaians including people from Obuasi.

He assured the audience that in the company’s bid to diversify the economy of Obuasi, the company is bringing on board all businesses in Obuasi by awarding some major contracts to contractors from Obuasi including renovation of 1,500 house units in Obuasi.

Other contracts include catering services being awarded to Mawuli Catering services, Cofcans, Afrikana, Yaw Fosu, and others,  other security contracts have also been awarded to Obuasi based security forces.

The Education and Health sectors are areas the company is highly focused on to ensure socio-economic development within the Municipality as well as the District level.

On his part, the Executive Vice President Group Technical and Planning, Anglogold Ashanti, Mr. Graham Ehm gave his general remarks on the redevelopment of the mine by revealing to the gathering that a previous meeting had taken place in Accra recently between Government, Management and shareholders of the various mining companies which CEO of AngloGold Companies Worldwide was present and views were collectively shared on how to develop Obuasi into a more conducive place for indigenes.

He also indicated that management and it’s investors are excited about the progress seen so far as it is more clearer that the company is working well with Traditional leaders, Government and all other stakeholders including community members.

He said the management was overwhelmed after visiting the deeps or underground section of the mine to witness greater development which has already been done.

Mr. Graham emphasized greatly on what the outcome of the successful cooperation between the company and it’s stakeholders to be able to revamp the Obuasi Mine would go a long way to ensure development in Obuasi and Ghana at large.

He also praised Adansi Traditional leaders and Government for their interventions in the initial stages to bring the redevelopment of the Obuasi Mine into a reality.

He maintained that the company would then be able to produce it’s first household gold by December 2019 while a lot of work is required to ensure increments of up to 4,000 tonnes per day by the end of 2020.

Concerns were raised by participants while many were much excited on the progress made by the company since it’s official reopening last January by the President, Nana Addo Dankwa Akufo-Addo and the Asantehene, Otumfuo Osei Tutu II.

The program which was held at the Obuasi Sports Club brought together Management of the Mining Giants including Mr Graham Ehm, Executive Vice President Group Technical and Planning, Managing Director of AGA Obuasi Mine, Mr Eric Asubonten, Operations Manager, Mr Frederick Nsarko, and the MCE and DCE of Obuasi Municipal and Obuasi East District Assemblies, Elijah Adansi-Bonah and Faustina Amissah respectively.

The rest are Adansi Traditional leaders led by Nana Serwa Bruwaa, Queen Mother of Akrokerri, Assembly members, media, and other representatives of the Obuasi communities.

Related Posts

Top Stories

Employ targeted-subsidized systems to check macro-economic challenges – Prof. Quartey

byNerteley Nettey

As part of efforts to address the various macro-economic challenges facing the Ghanaian economy in recent times, Director of the...

Read more

Inflation in Africa: Some subsidy programs prolonging situation – Jeff Gable

Cedi Summit comes off today at Alisa Hotel

BoG’s supply of dollars to BDCs drops from 85% to 21% within 3 months – CBOD

BoG, CSA deepen collaboration to fight cyber threats

Dr. Bawumia unveils Ghana’s first Tier IV data centre

Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

Next Post

uniBank’s owners file injunction against sale of assets

Video on Demand: Business Weekly

ADVERTISEMENT
Citi Business News

© 2019 Citi Business News - CitiBusinessNews.com by CNR Digital.

Navigate Site

  • Home
  • News
  • Business
  • TECHNOLOGY
  • INTERNATIONAL
  • FEATURES
  • Videos

Follow Us

No Result
View All Result
  • Home
  • News
  • Business
  • TECHNOLOGY
  • INTERNATIONAL
  • FEATURES
  • Videos

© 2019 Citi Business News - CitiBusinessNews.com by CNR Digital.