The Obuasi gold mine is owned by AngloGold Ashanti. Image courtesy of MyGhanaonline. The Obuasi gold mine, located 200km north-west of Accra in Ghana, was the major asset of Ashanti Goldfields Company (AGC), established in London in 1897. AGC started underground mining in 1907. Lonrho purchased AGC in 1969 and the …
Net income was $362 million in H1 2021 compared to $421 million in H1 2020. The company indicated that it produced a total of 1,200K Au Oz in H1 2021, down 18.3% from a year ago. AngloGold Ashanti ...
by Charles Wundengba April 29, 2022. AngloGold Ashanti (Ghana) Limited, Obuasi Gold Mine is currently near completion of the redevelopment phase to become a modern, efficient and long-term profitable operation. The underground mining operation has been fully mechanized and designed to produce up to an average maximum of 5,000 t/day of …
AngloGold Ashanti has awarded a $375m mining contract to the Underground Mining Alliance (UMA) at the Obuasi redevelopment project in Ghana. UMA is a joint venture (JV) between African Underground Mining Services (AUMS) and Ghanaian mining contractor Rocksure International. AUMS owns a 70% stake in UMA …
AngloGold Ashanti ( NYSE: AU) is a senior gold producer with a geographically diverse portfolio of mining assets. The company's recent primary listing on the NYSE did not help the share price much ...
OBUASI Obuasi, which has been primarily an underground operation, mining to a depth of 1,500m, is in the Ashanti region, approximately 60km south of Kumasi in Ghana. Although the mine was placed on limited operations towards the end of 2014, and on care and maintenance from 2016, a decision was made to redevelop the mine in 2018.
Liked by Paul Yenzu. I am a certified mineral processing engineer with over twenty years of experience in production and metallurgical roles within the gold mining industry. Key experience includes commissioning and process optimization projects with overall responsibility for teams of up to 11 direct and 50 indirect personnel.
Introducing AngloGold Ashanti. AngloGold Ashanti is a responsible global gold miner. We aim to create long-term value for all our stakeholders in partnership with host communities and governments. AngloGold Ashanti operates across nine countries on four continents and is listed on the Johannesburg, New York, Australia and Ghana stock …
Asset Report Ashanti (Obuasi Operations) gold mine 10 October 2023. Get this report. $2,250. You can pay by card or invoice. Add to cart ... In 2017, a feasibility study was completed for a possible re-start of operations at Obuasi, with a mine life of 21 years. In 2018, board approval was received, and the redevelopment project commenced …
After a comprehensive stakeholder consultation process, AngloGold Ashanti's Obuasi mine, in 2022, launched a ten-year socio-economic development plan (SEDP) which …
AngloGold Ashanti, one of Africa's largest gold producers, has successfully proven its ability to transform the historic Brownfields Obuasi gold mine in the Ashanti region of Ghana into a modern, …
In 2022, our brownfields exploration teams across the globe completed 799km of capital and 358km of expensed drilling at a cost of $79m and $67m respectively. Drilling started slowly at a few operations but improved as the year progressed to almost reach internal targets. Brownfields exploration activities resulting in the most notable economic ...
AngloGold Ashanti Obuasi - 31 December 2021 _____ 30 March 2022 1 Technical Report Summary Obuasi A Life of Mine Summary Report Effective date: 31 December 2021 As required by § 229.601(b)(96) of Regulation S-K as an exhibit to AngloGold Ashanti's Annual Report on Form 20-F pursuant to Subpart 229.1300 of Regulation S-K …
AngloGold Ashanti Obuasi - 31 December 2021 _____ 30 March 2022 5 Contents 1 Executive Summary ..... 8 1.1 Property description including mineral rights ..... 8 1.2 …
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Obuasi Mine is primarily an underground operation, mining to a depth of 1,500m. The mine has been in operation since 1897 (122 years) and has been owned and operated by AngloGold Ashanti since 2004, following the merger with Ashanti Goldfields Limited. Obuasi Mine's operations are located on a 201km2 (20,100 ha) mining lease.
Africa is home to five of our operations, with one – Kibali in the DRC – managed by Barrick Gold Corporation. These operations contributed 60% or 1.635Moz in 2022 to total annual Group production of 2.742Moz (2021: 57% or 1.4Moz respectively). In Ghana we operate the Iduapriem and Obuasi mines, in Guinea, Siguiri and in Tanzania, Geita.
While community demands and the complexity of social challenges faced may at times be felt more acutely at mining operations in emerging economies, where the challenges of poverty, unemployment and inequality are most visible, the concept of shared value is relevant across all of our operating jurisdictions. % 9% 14% 0.5% 58.5% 18% Economic ...
Australia Region Graduate Programme. As future industry leaders, we recognise the potential graduates bring to the organisation and join as valued members of our team. Download the brochure PDF, 1mb. At AngloGold Ashanti, we offer bursaries, internships and career opportunities that allow people to contribute, learn and flourish.
Under the agreement, which incorporates a development agreement, a tax concession agreement, a security agreement and a reclamation security agreement, AngloGold will invest $450 -$500m in bringing Obuasi back to producing and profitable mine operation. The Obuasi Gold Mine has been in "limited operating phase" since …
Obuasi, which is an underground operation, mining to a depth of 1,500m, is in the Ashanti region, approximately 60km south of Kumasi. Obuasi was on care and maintenance from 2016 to the start of its redevelopment …
which AngloGold Ashanti operates in nineteen (19) of these electoral areas (AngloGold Ashanti, 2013). Most of the people living in the Obuasi municipality are into subsistent farming or mainly into Agriculture with few engaging themselves in petty trading and other economic activities. 1.2 Statement of the Problem
The Obuasi mine (Ashanti Goldfields/AngloGold Ashanti) since 1898 have produced over 600 tons (18 million ounces) of gold (OMA, 2013). AngloGold Ashanti has a long track record as an active supporter of community projects with annual US$0.7 million expenditure on social investment (ICMM, 2007).
Iduapriem, a 137km2 concession which includes Ajopa South West, is located in the western region of Ghana, some 70km north of the coastal city of Takoradi and about 10km south-west of Gold Fields' Tarkwa mine. Iduapriem is an open-pit mine with two circuits each comprising two-stage milling – a gravity circuit and a carbon-in-leach (CIL) plant.
AngloGold Ashanti (AGA) has implemented a new operating model to drive strategic alignment across the business with a common organizational design for the company to deliver its purpose. This ensures they have the right people in the right place to make effective and efficient decisions that are consistent with AGA's vision and purpose.
OBUASI Obuasi, which has been primarily an underground operation, mining to a depth of 1,500m, is in the Ashanti region, approximately 60km south of Kumasi in Ghana. …
AngloGold Ashanti's annual revised guidance for 2021 remains unchanged and assumes no gold production contribution from Obuasi for the remainder of this year. It is estimated that the supplementary operating procedures introduced following the review will add approximately US$10 – US$20/t to the mine's operating costs, or around …
This indicated the start of ore production, albeit on a limited scale, and was followed by the first pour of gold on 18 December 2019, demonstrating the successful implementation of …
Summary: Obuasi, an underground operation mining to a depth of 1,500m, is located in Ghana's Ashanti region, approximately 60km south of Kumasi. Obuasi is an underground operation utilising both vertical shafts and declines as main access routes to the underground workings. The mine has seen extensive historical mining activities with …
Phase 2, construction and mine development, is in progress. Obuasi is one of two AngloGold Ashanti operations in Ghana, and one of five in the Africa region. …