Obuasi


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Obuasi

(ōbwä`sē), town (1984 pop. 60,617), S central Ghana. Highly concentrated gold ore is mined, and there are gold-extraction plants. Gold was mined in Obuasi by indigenous peoples as early as the 17th cent. From the late 1890s it was developed by Europeans into a modern mining town. Operating since 1965, it remains Ghana's only privately owned mine.
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The following article is from The Great Soviet Encyclopedia (1979). It might be outdated or ideologically biased.

Obuasi

 

a city in Ghana, in Ashanti Province. Population, 40,000 (1970). Railroad station on the Accra-Kumasi line. Obuasi is the center of a gold-mining region.

The Great Soviet Encyclopedia, 3rd Edition (1970-1979). © 2010 The Gale Group, Inc. All rights reserved.
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References in periodicals archive ?
Ashanti Goldfields, building on its traditional success at Obuasi is bringing the Siguiri mine in Guinea into production on the premise that, like most other African gold mines, it will enjoy a long and productive life.
As part of the exercise, the NPA will commence a pilot program in Obuasi in the Ashanti Region, Kade and Kwabibirem all in the Eastern region.
Eighteen players together with Technical team members and staffs of the Management team left Obuasi on Wednesday morning for Equatorial Guinea.
The principal goldfield at Obuasi is operated by Ashanti Goldfields which is 43.1% owned by Lonrho, while the Government holds a 31.3% stake.
The association, at it 2019 first half National Executive Council Meeting at Obuasi in the Ashanti Region, indicated that the surge in prices would enable the industry's core activities, including mining, exploration, processing, to pick up cautiously, which would in turn lead to new jobs being created, with the potential of more members being added to our fold.
Indeed the mechanisation the Obuasi field is continually undergoing delivered a 9.7% increase in underground tonnage last year and makes it highly likely that the target of 1.5m tonnes will be met by 30 September 1995 - and one million ounces of gold will be mined.