In addition, AngloGold Ashanti notes that costs incurred in the previously announced closure of the Yatela mine in Mali, and ongoing restructuring at its Obuasi
mine in Ghana, will also impact earnings for the second quarter.
, the mine improvement process continues with
Our Kubi Gold Project adjoins the 60 million ounce AngloGold Ashanti Obuasi
mine, the largest underground mine in West Africa with a 113 year, continuous mining history.
the MRM office and personnel at Obuasi
is under way.
Everyday, at the Obuasi
gold mine in western Ghana, the price of gold is written on a small black board that is circulated among miners.
Major deposits nearby Alto's project include Goldfields Mining to the west with 31 million ounces; to the northwest is Golden Star Mining's Bogoso deposit with 9 million ounces; Newmont mining to the north with 8 million ounces and the Anglo Gold Ashanti Obuasi
deposit containing 41 million ounces.
He has further disclosed that the company is capable of delivering top financial services in Tarkwa and Obuasi
, in which the entity has two branches along with its corporate headquarters building.
Ghana, production at Obuasi
increased 18% quarter-on-quarter due to a
categories of project includes the promise of Obuasi
Deeps, which will be
The largest, Mobitel, has the most customers, operating in Accra, Kumasi, Obuasi
The third-leading gold producer, AngloGold Ashanti, is planning to close its Obuasi
gold mine in Ghana for two years for upgrading the site.
During October, the company took a decision to terminate its underground development contract with Mining and Building Contractors Limited at its Obuasi
mine in Ghana in an effort to improve production and costs.