Tag: Anglogold Ashanti
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AngloGold Ashanti, Obuasi Mine engages stakeholders at Town hall Meeting
Under the theme “Diversified, Decisive, Sustainable,” AngloGold Ashanti (Ghana) Limited (AGAG), has organized its town hall meeting for stakeholders to update them on Obuasi Mine’s activities. The 3-day program, which started on August 17, 2020, was attended by the Municipal Chief Executive of Obuasi , Elijah Adansi-Bonah, District Chief Executive of Obuasi East District, Faustina…
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AngloGold Ashanti exits SA, sells mines for US$297 million
AngloGold Ashanti is selling its Mponeng mine and Mine Waste Solutions tailings recycling business to Harmony Gold for $300m (about R4.4bn), marking the end of its exposure to SA mining. Harmony will pay $200m in cash and $260/oz of gold from Mponeng and other underground assets included in the transaction based on production above 250,000oz/year.…
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AngloGold Ashanti CEO credits local players in reopening of Obuasi Mine
The Chief Executive Officer of AngloGold Ashanti, Kelvin Dushnisky, has acknowledged the role local content providers played in the re-opening of its US$500 million Obuasi Mine. Speaking at the formal opening of the mine on Wednesday, January 29, 2020, Mr. Dushnisky stated that the opening of the redeveloped Mine would not have been possible without…
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Use Obuasi Mine to transform economy of local communities – Nana Addo to AngloGold
President Akufo-Addo says he expects an economic turnaround within the Obuasi Municipality and other host communities where AngloGold Ashanti operates. Speaking at a ceremony to commemorate the first gold pour of the redeveloped Obuasi Mine after it suspended operations five years ago, the President said the operation of the mine must benefit the country and…
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AngloGold Ashanti to officially pour first gold from reopened Obuasi Mine
AngloGold Ashanti is to pour its first gold from the Obuasi Mine on Wednesday, January 29, 2020, a year after resuming operations. The mining company had shut down its operations for about four years due to the invasion of its concession by illegal miners. Obuasi has had a troubled history ever since AngloGold acquired the…
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AngloGold’s Obuasi mine pours first gold after 5-year suspension
AngloGold Ashanti Ghana Limited this week poured its first gold from the Obuasi Gold Mine, five years after mining activities were suspended. The first gold signals the successful redevelopment of the mine into a modern, mechanised mining operation, the company said in a news release. “The Obuasi Redevelopment Project, which seeks to access Obuasi’s 30-million-ounce…