AngloGold Ashanti says Obuasi has been cleared of illegal miners
Illegal miners have "largely been cleared" from AngloGold Ashanti’s Obuasi mine in Ghana and the company can now explore a number of options for the asset including its possible sale or redevelopment, its CEO said on Tuesday. "The military have done it without any injury or loss of life," Srinivasan Venkatakrishnan said on the sidelines of the Mining Indaba in Cape Town. The company appealed to the Ghanaian government last year after a flood of illegal miners overran the mine in February. AngloGold had suspended mining at Obuasi to redesign the operation, which was losing money. Venkat said on Tuesday that he had had a constructive meeting in January with Ghana’s new President Nana Akufo-Addo, and the company was in early talks with the government about the future of the loss-making mine. The company was now looking at three options, he said: selling the mine or redeveloping it as a mechanised operation, with or without partners. There have been other signs of renewal in the mining ...
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