The total investment for the redevelopment of the obuasi gold mine is 1.6 billion dollars for the 22year period. the government is expected to rake in 2.16 billion dollars in revenue over the 22 year period in royalties and withholding tax.
Consult NowAnglogold ashanti (ghana) limited, obuasi gold mine is currently near completion of the redevelopment phase to become a modern, efficient and longterm profitable operation. the underground mining operation has been fully mechanized and designed to produce up to an average maximum of 5,000 tday of ore mined.
Anglogold ashantis obuasi mine redevelopment project has produced its first gold after four years of limited operation. the last four years saw the countrys flagship mine, which had been in operation for more than 100 years, placed under care and maintenance, in the face of its long held potential to uplift the local economy.
The obuasi redevelopment project will be implemented in two distinct phases. the first blast took place in february 2019. phase 1 will comprise project establishment, mine rehabilitation and development, as well as plant and infrastructure refurbishment to enable production at a rate of 2,000t per day for the first operating year.
Anglogold ashanti remains firmly committed to the obuasi redevelopment project, which will revive one of the worlds largest gold ore bodies and.
Obuasi gold mine continues redevelopment investment pending mining restart. august 6, 2021. 0. anglogold ashanti has announced that it is continuing with its underground development and important work related to the obuasi redevelopment project, while a detailed review of the mine plan is conducted in the coming months.
Obuasi remains an excellent asset and an important one for us, as a company, for the community and for ghana as a whole. anglogold ashanti remains firmly committed to the obuasi redevelopment project, which will revive one of the worlds largest gold ore bodies and create a modern, mechanized mining operation over more than 20 years.
About obuasi gold mine. obuasi gold mine is one of the worlds largest gold ore bodies, with 29.5moz of mineral resource, at an average grade of 7.64 grams per tonne and 8.7moz of ore reserve at an average grade of 8.6 grams per tonne. obuasi, an underground operation, mining to a depth of 1,500m, is in the ashanti.
Anglogold ashanti is continuing underground development and important work related to the obuasi redevelopment project, while a detailed review of the mine plan is conducted in the coming months. work has resumed in the odd decline and in several development headings. diamond drilling, service functions, and underground construction, among other activities, have also resumed.
Obuasi gold mine is one of the worlds largest gold ore bodies, with 29.5moz of mineral resource, at an average grade of 7.64 grams per tonne and 8.7moz of ore reserve at an average grade of 8.6 grams per tonne. obuasi, an underground operation, mining to a depth of 1,500m, is in the ashanti region, approximately 60km south of kumasi.
Obuasi gold mine continues redevelopment investment pending mining restart. anglogold ashanti estimates mining could restart at its obuasi mine by the end of the year, with a rampup to previously planned production levels through the course of 2022. we are focused on understanding and dealing with the current issues and resuming the rampup.
Anglogold ashanti says it is continuing underground development and important work related to the obuasi redevelopment project (odd), while a detailed review of.
Anglogold ashanti says it is continuing underground development and important work related to the obuasi redevelopment project (odd), while a detailed review of the mine plan is conducted in the comin.
Construction at the obuasi redevelopment project, which will transform the 20moz highgrade gold ore body, initially placed on care and maintenance in 2016, into a toptier gold producer, achieved 97 completion by the end of march this year. production from the mine rose 53 to 46,000oz in the first quarter of 2021, from 30,000oz the prior.
Anglogold ashanti has signed an agreement with government to redevelop its obuasi goldmine. under the agreement, the government of ghana.
Obuasi gold mine has been in limited operating phase since 2014, and the governments support will go a long way to enabling it to restart as a modern, productive, longlife high margin operation. this will benefit the local, regional and national economies of ghana through taxes, job creation, communal development expenditure and local.
Anglogold ashanti has conducted a feasibility study into the redevelopment of the obuasi gold mine. the study tested the viability of redeveloping the highgrade obuasi ore body,which has 5.8 moz of ore reserves and 34 moz in mineral resource, to create a safe, longlife mining operation that is productive and profitable.
The ghana mineworkers rsquo union welcomes the redevelopment of the obuasi mine into the full fresh operations by anglogold ashanti following an accord over the obuasi investment framework. in a press statement issued by the general secretary of the union, prince william ankrah, said, the union, as a sustainable measure, strongly recommends that anglogold introduces a detailed.
Implementation. the obuasi redevelopment project will be implemented in two distinct phases. the first blast took place in february 2019. phase 1 will comprise project establishment, mine rehabilitation and development, as well as plant and infrastructure refurbishment to enable production at a rate of 2,000t per day for the first operating year.
The leadership of the ghana chamber of mines has expressed its delight at the reopening of the anglogold ashanti (aga) obuasi mine located in the ashanti region of ghana. speaking after a ceremony to mark the reopening of the mine, which had been under care and maintenance since 2014, the chief executive officer of the.
The total investment for the redevelopment of the obuasi gold mine is 1.6 billion dollars for the 22year period. the government is expected to rake in 2.16 billion dollars in revenue over the 22 year period in royalties and withholding tax.
The ghana mine workers union (gmwu) welcomes the anglogold ashanti limited obuasi gold mine reopening believing the move will boost.
The obuasi gold mine is currently near completion of the redevelopment phase to become a modern, efficient and longterm profitable operation. the underground mining operation has been fully mechanized and designed to produce up to an average maximum of 5,000 tday of ore mined.
Gold miner anglogold ashanti has received environmental permits for its obuasi gold mine, in ghana, paving the way for the redevelopment of the large and highgrade orebody.
Gold mining company anglogold ashanti has signed the regulatory and fiscal agreements with the government of ghana that will provide the framework for the redevelopment of the obuasi gold mine, in.
In 2017, a feasibility study was completed for a possible restart of operations at obuasi, with a mine life of 21 years. in 2018, board approval was received, and the redevelopment project commenced in late 2018, with first gold poured during the fourth quarter of 2019.
The obuasi mine, which has been primarily an underground operation, was placed on care and maintenance in 2016 pending the commencement of the redevelopment project. in june 2018, the parliament of ghana ratified the regulatory and fiscal agreements that cover the redevelopment of the obuasi gold mine and the environmental protection agency.
Obuasi gold mine continues redevelopment investment pending mining restart . 06aug2021 general news, news. email . print . comments 0 (0) comments. share on facebook share on twitter .
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Obuasi gold mine is one of the worlds largest gold ore bodies, with 29.5moz of mineral resource, at an average grade of 7.64 grams per tonne and 8.7moz of ore reserve at an average grade of 8.6 grams per tonne. obuasi, an underground operation, mining to a depth of 1,500m, is in the ashanti region, approximately 60km south of kumasi.
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