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In 2004, Ashanti
Goldfields merged with AngloGold to form AngloGold Ashanti. Following significant losses, mining activities were halted in late 2014, with over 5,000 employees laid off and the mine placed in care and maintenance. During this time a large security force remained on site due to heavy
295:
In 2018, after approvals were received from the
Ghanaian Government, the decision was taken to recapitalize the Obuasi gold mine, with work beginning in 2019. The newly mechanized mine commenced commercial production on October 1, 2020, with its first gold pour in December 2019. It is expected to be
783:
In Ghana, AngloGold
Ashanti Ltd., the world's No. 3 gold producer, closed shafts at its Obuasi mine in late 2014, as the mine hemorrhaged cash amid sinking metals prices. Early this year, hundreds of men broke through the 13-mile fence around Obuasi and started prospected for gold there on their
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268:, contributed 11% to the company's annual production. At its temporary closure in 2014 Obuasi had past gold production plus current resource of 62 million
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768:"Fortune Hunters Endanger Africa's Abandoned Mines Fights break out as the commodities rout forces mining companies to close shafts"
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There is a long history of mining in the area, with mining from the
Ashanti region providing the gold for which the
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got its name. Large scale commercial and industrial mining began at Obuasi in 1897 with the formation of
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pressure from local illegal miners. In 2016 an Obuasi employee was killed by a mob of illegal miners.
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There are a number of links on this page to history and news. Accessed April 12, 2016
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614:"Three-year summary statistics 2020 (financial, operational and sustainability)"
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870:. Johannesburg: AngloGold Ashanti Limited. 30 March 2010. p. 44
619:. Johannesburg: AngloGold Ashanti Limited. 26 March 2021. p. 8
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The 2004 results are for the eight months from May to
December only
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249:, 60 kilometres (37 mi) southwest of the regional capital
711:"Geometry and genesis of the giant Obuasi gold deposit, Ghana"
661:"An Economic History of the Ashanti Goldfields Corporation"
686:"AngloGold Suspends Operations at Iduapriem | E & MJ"
901:. Johannesburg: AngloGold Ashanti Limited. 31 March 2015
766:
Nicholas Bariyo and
Alexandra Wexler (April 11, 2016).
241:. It was at one time one of the world's ten largest
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The 2019 results are from the
December startup only
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830:AngloGold Ashanti website, accessed: 9 August 2010
934:African, Caribbean and Pacific Group of States
716:. Crawley, WA: University of Western Australia
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306:Production figures of the recent past were:
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264:operations, consisting of Obuasi and the
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744:ayiajavon.com, accessed: 9 August 2010
7:
865:"Annual Financial Statements 2009"
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38:
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709:Fougerouse, Denis (July 2015).
1258:Ashanti Goldfields Corporation
639:"World's top 10 gold deposits"
286:Ashanti Goldfields Corporation
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1294:Underground mines in Ghana
1179:Cripple Creek & Victor
799:Ashanti Annual Report 2003
924:AngloGold Ashanti website
247:Obuasi Municipal District
211:AngloGold Ashanti website
77:Obuasi Municipal District
26:
899:"2014 Integrated Report"
808:accessed: 10 August 2010
929:Obuasi mine (GHA-00013)
772:The Wall Street Journal
735:Obuasi Gold Mine, Ghana
1289:Surface mines in Ghana
1046:Ferdinand Ohene-Kena
1284:Gold mines in Ghana
932:Secretariat of the
266:Iduapriem Gold Mine
114:6.14806°N 1.69167°W
110: /
18:
1064:S. Venkatakrishnan
845:2011-07-07 at the
840:Annual Report 2006
826:2011-07-19 at the
821:Annual Report 2005
804:2006-10-24 at the
740:2011-07-07 at the
1299:AngloGold Ashanti
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972:AngloGold Ashanti
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258:AngloGold Ashanti
245:. The mine is in
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200:AngloGold Ashanti
119:6.14806; -1.69167
52:Location in Ghana
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1279:Ashanti monarchy
1241:Related articles
1223:Cerro Vanguardia
1218:Brasil Mineração
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220:Obuasi Gold Mine
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185:1897-2014; 2019-
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641:. 7 August 2013
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1304:Ashanti Region
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903:. Retrieved
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690:www.e-mj.com
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72:Municipality
1195:Sunrise Dam
587:Gyimi River
270:troy ounces
262:Ashantiland
224:underground
164:Underground
117: /
93:Coordinates
1273:Categories
1158:Vaal River
1055:Bill Nairn
983:Management
905:1 February
874:1 February
720:1 February
695:2023-07-29
623:1 February
593:References
337:per ounce)
318:Production
302:Production
282:Gold Coast
243:gold mines
145:Production
130:Production
105:01°41′30″W
102:06°08′53″N
1253:AngloGold
1201:Tropicana
1103:Iduapriem
1028:Directors
980:Corporate
777:April 12,
332:Cash Cost
256:In 2008,
233:, in the
227:gold mine
1128:Navachab
1108:Kopanang
992:Chairman
843:Archived
824:Archived
802:Archived
738:Archived
670:5 August
645:5 August
582:Birimian
571:See also
550:127,000
514:243,000
500:239,000
486:280,000
472:313,000
458:317,000
444:381,000
430:357,000
416:360,000
402:387,000
388:391,000
374:255,000
360:513,163
346:537,219
135:Products
61:Location
22:Location
1188:Oceania
1153:TauTona
1148:Siguiri
1138:Sadiola
1123:Mponeng
936:website
276:History
207:Website
195:Company
169:History
83:Country
1163:Yatela
1143:Savuka
1133:Obuasi
1118:Morila
1086:Africa
556:1,145
538:2,000
520:1,086
506:1,406
492:1,187
251:Kumasi
231:Obuasi
222:is an
182:Active
174:Opened
65:Obuasi
46:Obuasi
1093:Geita
1078:Mines
868:(PDF)
714:(PDF)
666:(PDF)
664:(PDF)
617:(PDF)
553:6.47
547:2020
535:2019
517:4.67
511:2014
503:4.94
497:2013
489:4.79
483:2012
475:4.82
469:2011
461:5.16
455:2010
447:5.18
441:2009
433:4.37
427:2008
419:4.43
413:2007
405:4.39
399:2006
391:4.77
385:2005
377:5.27
371:2004
363:4.28
357:2003
349:4.84
343:2002
335:(US$
327:(g/t)
325:Grade
239:Ghana
190:Owner
87:Ghana
907:2022
876:2022
784:own.
779:2016
722:2022
672:2015
647:2015
625:2022
478:862
464:744
450:630
436:633
422:459
408:395
394:345
380:305
366:217
352:198
313:Year
218:The
177:1897
161:Type
156:2020
139:Gold
1010:CEO
260:'s
253:.
237:of
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627:.
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.