- Obuasi Gold Mine
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Obuasi Gold Mine Location in Ghana
Obuasi Gold Mine06°12′N 001°41′W / 6.2°N 1.68333°WCoordinates: 06°12′N 001°41′W / 6.2°N 1.68333°W
Location Obuasi Region Ashanti Country Ghana Owner Company AngloGold Ashanti Website AngloGold Ashanti website Year of acquisition 2004 JSE ANG Production Financial year 2009 Ounces of Gold 381,000 History Opened 1897 The Obuasi Gold Mine is an open-pit and underground gold mine situated near Obuasi, in the Ashanti Region of Ghana. The operation is owned by AngloGold Ashanti .[1][2]
In 2008, AngloGold Ashanti's Ghana operations, consisting of Obuasi and the Iduapriem Gold Mine, contributed 11% to the company's annual production. Both mines became part of AngloGold Ashanti when AngloGold merged with the Ashanti Goldfields Corporation in 2004.[2]
In 2009, the mine employed over 5,700 people.[1] The mine experienced two fatalities in 2008 and one in 2009.[1]
Contents
History
Mining at Obuasi begun in 1897, then referred to as the Ashanti Mine.[3]
In an interview Kwesi Enyan, the Managing Director of the mine, announced that the mine, while potentially rich, faces challenges like returning the mine to profitability, addressing social and environmental issues, improving community engagement and illegal mining.[4] The mine was criticised as early as 1975 for environmental pollution,[5] and continues to do so.[6]
Production
Production figures of the recent past were:
Year Production Grade Cost per ounce 2002 [7] 537,219 ounces 4.84 g/t US$ 198 2003 [7] 513,163 ounces 4.28 g/t US$ 217 2004 [8] 255,000 ounces 5.27 g/t US$ 305 2005 [8] 391,000 ounces 4.77 g/t US$ 345 2006 [9] 387,000 ounces 4.39 g/t US$ 395 2007 [1] 360,000 ounces 4.43 g/t US$ 459 2008 [1] 357,000 ounces 4.37 g/t US$ 633 2009 [1] 381,000 ounces 5.18 g/t US$ 630 2010 - The 2004 results are for the eight month from May to December only.
References
- ^ a b c d e f Annual Report 2009 AngloGold Ashanti website, accessed: 9 August 2010
- ^ a b Country report: Ghana - Obuasi AngloGold Ashanti website, accessed: 9 August 2010
- ^ Obuasi Gold Mine, Ghana ayiajavon.com, accessed: 9 August 2010
- ^ Obuasi Mine targets 500,000 ounces of gold production by 2013 The Mail - Ghana News, accessed: 9 August 2010
- ^ Arsenic pollution at Obuasi Goldmine, town, and surrounding countryside Environmental Health Perspective website, published: 12 december 1975, accessed: 9 August 2010
- ^ Gold Rush: The impact of gold mining on poor people in Obuasi in Ghana ghana-net.com, accessed: 9 August 2010
- ^ a b Ashanti Annual Report 2003 accessed: 10 August 2010
- ^ a b Annual Report 2005 AngloGold Ashanti website, accessed: 9 August 2010
- ^ Annual Report 2006 AngloGold Ashanti website, accessed: 9 August 2010
External links
- AngloGold Ashanti website
- Obuasi mine (GHA-00013) Secretariat of the African, Caribbean and Pacific Group of States website
AngloGold Ashanti Corporate Management James Motlatsi • Frank Arisman • Ferdinand Ohene-Kena • Wiseman Nkuhlu • Bill Nairn • Sipho Pityana • S. VenkatakrishnanMines AfricaNorth AmericaOceaniaSunrise Dam · TropicanaSouth AmericaRelated articles Annual Revenue: US$3.8 billion ( 
FY 2009) • Employees: 63,364 • Stock Symbol: JSE: ANG • NYSE: AU • ASX: AGG • Website: anglogold.comCategories:- Gold mines in Ghana
- Surface mines in Ghana
- Underground mines in Ghana
- AngloGold Ashanti
- Ashanti Region
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