Category: Mining
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Illegal miners still ‘hijack’ Anglogold Obuasi Mine
Illegal miners occupying Anglogold Ashanti’s Obuase Mine who were given up to Monday to vacate the concession are still operating on the company’s mine. A Movement Committee has been set up by government to ensure the relocation of illegal miners from Anglogold Ashanti’s Obuasi mine. In a statement citied by Citi Business News the Movement…
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Randgold blames Govt for its pullout from Ghana
Mining giant Randgold Resources Limited has revealed that it abandoned its deal with AngloGold Ashanti to take over the Obuasi Mine because government of Ghana refused to give complete support to the deal. Randgold Resources in 2015 abandoned plans to redevelop the Obuasi mine of Anglogold Ashanti, just three months after announcing its interest in…
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GASSM blames politicians for increase in galamsey operations
The Ghana Association of Small Scale Miners (GASSM) is blaming government and its allied institutions for the rise in illegal mining activities, also known as ‘galamsey’ in the country. The association believes the lack of political will and monitoring by the mandated institutions have led to the destruction of aquatic life as major water bodies…
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Former lands minister calls for regulation of galamsey operations
A former minister of Lands and Natural Resources and now Minister of Roads and Highways Alahaji Inusah Fuseini has called for the licensing of galamsey operators in the country. According to Alahaji Inusah Fuseini the move will ensure proper regulation of the activities of the miners. Speaking to Citi Business News Alahaji Inusah Fuseini said…
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Ghana retains 85% of revenue accrued from mining industry
Ghana accrued a little over 3.1 billion dollars in revenue from the mining and quarrying sector in 2015. Of this amount a little over 465 thousand dollars was returned to Ghana through the Bank of Ghana as mandatory surrender. While mineral revenue returned to the country through commercial banks as voluntary repatriation was a little…
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AngloGold Obuasi death toll hits 64
The death toll among illegal miners who have taken over AngloGold Ashanti’s Obuasi mine continues to increase, the Managing Director of AngloGold Ashanti Ghana, Eric Asubonteng has said. According to him, some 64 illegal miners have so far lost their lives since the first incursions in early February 2016. Speaking to Citi Business, Mr. Asubonteng…
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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…
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Mining companies ready to switch to renewable energy – Mines Chamber
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…
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Govt to flush out galamsey operators from Obuase mine -Minerals Commission
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…
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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…