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AngloGold to invest $500m to restart Obuasi gold mine ...

AngloGold Ashanti has announced that it has signed an agreement with the Government of Ghana to provide the framework for the redevelopment of the Obuasi Gold Mine, turning it into a "modern productive mining operation." Under the agreement, which incorporates a development agreement, a …

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AngloGold Ashanti close to re-opening Ghana's Obuasi mine ...

AngloGold Ashanti is close to a decision to re-open the Obuasi mine depending on the outcome of talks with the Ghanaian government to finalise an investment development agreement and "obtain the requisite consents and approvals." The full plans are to be presented next quarter subject to finalising the talks with government according to AngloGold Ashanti […]

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AngloGold will spend $500m to reopen Obuasi mine in Ghana ...

JOHANNESBURG - AngloGold Ashanti, the world's third-largest gold mining company by production, yesterday announced it would spend $500million (R5.83billion) to reopen its Obuasi mine in Ghana as ...

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Anglogold Ashanti's Obuasi Mine Reopened - Business World ...

President Nana Akufo-Addo has said the circumstances that led to the shut down of the Anglogold Ashanti Company Limited at Obuasi in the Ashanti Region will not reoccur under the watch of his administration. He was speaking at the re-opening of the Anglogold Ashanti gold mine in Obuasi, which had been closed since 2014.

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AngloGold Ashanti close to re-opening Ghana's Obuasi mine ...

AngloGold Ashanti close to re-opening Ghana's Obuasi mine AngloGold Ashanti close to re-opening Ghana's Obuasi mine . Source ... during which it would produce more than 8m oz of gold in total. ...

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AngloGold Ashanti close to re-opening Ghana's Obuasi mine ...

 · AngloGold Ashanti is close to a decision to re-open the Obuasi mine depending on the outcome of talks with the Ghanaian government to finalise an investment development agreement and "obtain the requisite consents and approvals." The full plans are to be presented next quarter subject to finalising the talks with government according to AngloGold Ashanti […]

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Ashanti Goldfields Gold Mine - Obuasi - Ghana - Mining ...

The gold operation at Obuasi, 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 Ghanaian Government reduced its holding in 1994, leaving Lonrho (now Lonmin) with a 33% stake and corporate plus ...

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AngloGold Ashanti to revive Obuasi Mine - Ghana Business News

AngloGold Ashanti will spend up to $500 million in initial capital expenditure to revive and mechanise its Obuasi mine. This follows the signing of a regulatory and fiscal agreements with government, providing the framework for the development of the mine. "The Government of Ghana and AngloGold Ashanti have put in place several agreements, including a …

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Obuasi mine to be an engine of growth for AngloGold, says CEO

AngloGold Ashanti CEO Kelvin Dushnisky is very upbeat about developing its Obuasi gold mine, in Ghana, and has described it as being "in a class of its own on a number of metrics". "It will be ...

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Anglogold Ashanti's Obuasi mine reopened

President Nana Akufo-Addo has said the circumstances that led to the shut down of the Anglogold Ashanti Company Limited at Obuasi in the Ashanti Region will not reoccur under the watch of his administration. He was speaking at the re-opening of the Anglogold Ashanti gold mine in Obuasi, which had been closed since 2014.

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Obuasi Gold Mine - Wikipedia

The Obuasi Gold Mine is an open-pit and underground gold mine situated near Obuasi, in the Ashanti Region of Ghana.It is one of the top-9 largest gold mines on Earth. The 'land' is customarily owned by the Asantehene King Osei Tutu II. The mine is in Obuasi Municipal District, 39 miles (59.4 kilometers) south-west of regional capital Kumasi.

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Obuasi | Ghana, gold bar mining, golf course, expats ...

 · Obuasi wears a ring of hills as its adornment and Obuasi sits quietly albeit industriously on the soil that births the top-9 single richest bullion gold bar gold mining mining|mine on Earth the ...

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AngloGold's Obuasi mine bounces back with $500m investment ...

Ghana Stock Exchange ... AngloGold's Obuasi mine bounces back with $500m investment ... Mining giant AngloGold Ashanti has given indication it will begin operation of its Obuasi Gold Mine …

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AngloGold Ashanti expects gold production at Obuasi to ...

 · AngloGold Ashanti has announced the Obuasi Redevelopment Project in Ghana is on track to pour its first gold by the end of the year. Underground development blasting has begun. The first blast, at about 7pm on Friday, February 1, advanced development by …

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Obuasi Mine Redevelopment Project Launched by Ghana's ...

President Nana Addo Dankwa Akufo-Addo has launched the Obuasi Mine Redevelopment Project amid ecstatic scenes and the expression of joy by the people in the mining town. The re-opening of the mine ...

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Obuasi - Wikipedia

Obuasi is a Mining Community and town in the southern part of Obuasi Municipal of the Ashanti Region of Ghana. Obuasi is the capital of the Obuasi Municipal which lies south of Ashanti capital city Kumasi 39 miles (59.4 kilometres) away south-west of Kumasi or 1 hour 2 minutes road-drive from Obuasi to Kumasi. Obuasi has a settlement population of 175,043 people.

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President Akufo-Addo launches Obuasi mine redevelopment ...

 · Post Views: 6 President Nana Addo Dankwa Akufo-Addo has launched the Obuasi Mine Redevelopment Project amid ecstatic scenes and the expression of joy by the people in the mining town. The re-opening of the mine is expected to create employment for many and boost the local economy. This was a key election campaign promise the […]

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Reopening of Obuasi gold mine: Economic benefit estimated ...

The direct economic benefits expected to accrue to the nation is estimated at $ 5.3 billion over the life of the Obuasi gold mine as it reopens operations. These benefits include payment of ...

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Nana Re-Opens Obuasi Mine - DailyGuide Network

 · The mine was also operating with obsolete equipment, poor security and inadequate power supply. Apart from that, about 10,000 illegal miners were undermining production at the mine. Meanwhile, members of the Ghana Mine Workers Union (GMWU) have welcomed the re-opening of AngloGold Ashanti's Obuasi Mine, saying it would not only improve the ...

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Obuasi mine to be an engine of growth for AngloGold, says CEO

AngloGold Ashanti CEO Kelvin Dushnisky is very upbeat about developing its Obuasi gold mine, in Ghana, and has described it as being "in a class of its own on a number of metrics". "It will be ...

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Obuasi Gold Mine

Obuasi Gold Mine is 65 km by road from Kumasi or 200 km north-west of Accra amid the township of Obuasi. Mining at Obuasi has been active for over 110 years and currently producing an approximate 300k oz. per annum. Byrnecut Underground Ghana Ltd …

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ghana gold oboasi mine

Topic - Obuasi Mine - Mining Weekly · Ghana, AngloGold agree to Obuasi redevelopment . 9th March 2018 Gold mining company AngloGold Ashanti has signed the regulatory and fiscal agreements with the government of Ghana that will provide the framework for the redevelopment of the Obuasi gold mine, in Ghana, into a modern, productive mining …

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Anglogold Ashanti's Obuasi mine reopened | Ghanaian News

President Nana Akufo-Addo has said the circumstances that led to the shut down of the Anglogold Ashanti Company Limited at Obuasi in the Ashanti Region will not reoccur under the watch of his administration. He was speaking at the re-opening of the Anglogold Ashanti gold mine in Obuasi, which had been closed since 2014.

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AngloGold Ashanti signs Obuasi mining contract with AUMS ...

AngloGold Ashanti signs Obuasi mining contract with AUMS, Ghana's Rocksure. ... In June 2018, the Parliament of Ghana ratified the regulatory and fiscal agreements that cover the redevelopment of the Obuasi Gold Mine and the Environmental Protection Agency issued environmental permits for the mine.

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AUMS wins contract at AngloGold Ashanti's Obuasi mine in ...

African Underground Mining Services (AUMS) has been awarded a $375 million underground mining services contract at one of West Africa's oldest mines, Obuasi, in Ghana. The five-year contract at the AngloGold Ashanti operation will see AUMS team up with Rocksure International, a Ghana-based mining contractor, under a 70:30 joint venture.

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President reopens Obuasi Mine - BusinessGhana

The Executive Vice-President in charge of Technical Services at the Obuasi Mine, Mr Graham Ehm, said the redeveloped mine had the initial capacity to produce 200,000 ounces of gold daily, with a potential to hit 400,000 ounces when the expansion work was completed.

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AngloGold Ashanti concerned by threats to Obuasi Mine ...

 · AngloGold Ashanti (AGA), has called on government to collaborate with it to resolve threats posed by illegal miners to the viability of the Obuasi Gold Mine. Mr Eric Asubonteng, the General Manager and Managing Director of the AGA Obuasi Mine expressed concern over the situation at the Obuasi Gold Mine, where illegal miners are looting …

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Ghana's Illegal Galamsey Gold Mining Affecting Cocoa ...

 · Ghana, one of the world's biggest producers of cocoa beans, is facing a crisis around dangerous and dirty galamsey, or informal, mining—which experts warn could derail its …

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Major Mines & Projects | Obuasi Mine

Higher gold grades tend to be associated with finer grain arsenopyrite crystals. Sulphide ore is generally refractory. The mine is located within the Obuasi concession area in south-western Ghana along the north easterly-striking Ashanti volcanic belt. The deposit is one of the most significant Proterozoic gold belts discovered to date.

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Future of Obuasi | AngloGold Ashanti

Obuasi Mine. AngloGold Ashanti's Obuasi Redevelopment Project in Ghana is set to produce its first gold by the end of 2019, after four years of limited operation and being on care and maintenance.

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