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AngloGold to seal Obuasi mine from illegal miners

October 7, 2014
Reading Time: 1 min read
ANGLOGOLD to set up new company to run Ghana operations
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AngloGold Ashanti has assured it has adequate security to keep illegal miners at bay when it closes its Obuasi mine.

The mining firm will partially close its Obuasi mine for two years to upgrade the mine.

The company would continue with its surface mining programme which it regards as profitable against the expensive underground mining it has been doing for some years now.

The mine which has been in existence for over hundred years has been struggling for years.

The period of the amended operation is to allow for massive capital injection to renew its antiquated infrastructure, improve underground transport and sharpen the skills of its workers.

The planned shutdown is also to enable management to put the mine in a care and maintenance mode.

Speaking to Citi Business News Vice President, Corporate Affairs for Anglogold Ashanti Ghana Kwame Addo – Kufour said AngloGold Ashanti in collaboration with the security agencies will ensure that illegal miners do not encroach on the company’s concessions.

“AGA as a responsible miner has a strategy to secure its operations and we have received a lot of support from the security agencies and the mining task force in implementing this. Therefore I can say we have got adequate security and the support we require.”

Kwame Addo – Kufour adds AGA is committed to making sure that during the period of the amended operations the integrity of the underground operations will be maintained and in collaboration with the military and other agencies ensure that the other operational areas  are ready for ramp up in the very short term.

By :  Norvan Acquah – Hayford/citifmonline.com/Ghana

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