The price of gold broke a three-year losing streak in 2016, but the focus of the world's top gold mining companies in terms of output continued to be on cost-cutting and divestment (with varying degrees of success) which led to a decline in production for most of the sector's majors. Preliminary ...
AngloGold Ashanti Receives Obuasi Environmental Permits. Gold miner AngloGold Ashanti has received environmental permits for the Obuasi Gold Mine from Ghana's Environmental Protection Agency which the company says, is another important milestone paving the way for the redevelopment of the large, high-grade ore body.
The Mining industry of Ghana accounts for 5% of the country's GDP and minerals make up 37% of total exports, of which gold contributes over 90% of the total mineral exports. . Thus, the main focus of Ghana's mining and minerals development industry remains focused on go
Mining operations are complex. They aren't your run-of-the-mill type projects. These billion dollar complexes consist of various interconnected projects, operating simultaneously to deliver refined commodities like gold, silver, coal and iron ore.
AngloGold Ashanti has six producing mines and processing operations – of which the group manages four – in five countries in the Continental Africa region, following much activity in 2014 with the sale of the Navachab mine in Namibia, the transition to limited mining at Obuasi in Ghana and the cessation of mining at Yatela in Mali.