Tag: Obuasi
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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…
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$259m tax waiver: AngloGold moves to revamp Obuasi mine
AngloGold Ashanti has welcomed the tax waiver granted by Parliament paving the way for it to redevelop its Obuasi mine. The mining company believes the move will lead to increased production from the mine site for at least the next twenty years. Parliament, on Thursday, granted 259 million dollars in tax waivers to Anglogold Ashanti…