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There is a long history of mining in the area, with mining from the Ashanti region providing the gold for which the Gold Coast got its name. Large scale commercial and industrial mining began at Obuasi in 1897 with the formation of Ashanti Goldfields Corporation. [6] In 2004, Ashanti Goldfields merged with AngloGold to form AngloGold Ashanti.
AngloGold Ashanti Limited is an independent and global gold mining company with a diverse portfolio of ... Obuasi: Ghana 255,000 391,000 387,000 360,000 357,000 ...
The Ashanti Goldfields Corporation is a gold mining company based in Ghana that was founded by Joseph Ellis and Joseph Biney both from Cape Coast. [1] The Ashanti Mine , located at Obuasi , 56 km south of Kumasi , has been producing since 1897.
The region is home to some of the largest gold mining companies in the country, including AngloGold Ashanti at Obuasi. Obuasi produced more than 35 million ounces of gold since its discovery in the late 19th century [ 27 ] [ 28 ] Additionally, the Ahafo South and Ahafo North in the Ashanti Region, home to Newmont Ghana's Ahafo Mine , is also a ...
Obuasi train station is on the Ashanti railway line to and from Kumasi (59.4 km (36.9 mi) or 1 hour 2 minutes south-west of Kumasi). [5] The only airport in the town is the Obuasi Airport . It has a runway length of 1,600 by 30 m (5,249 by 98 ft) and was developed from a former airstrip.
AngloGold Ashanti (NYSE:AU) has announced an intent to acquire Centamin (OTC:CELTF) in an all-share deal valued at $2.5 billion. The combined entity will be the fourth-largest gold producer globally.
[34] [35] The Ashanti Gold Belt, in particular, is home to some of the most notable gold mines in the country, including the Ahafo and Akyem mines, both operated by Newmont. The Obuasi mine, one of the oldest gold mines in Ghana, is also situated within this region and is operated by AngloGold Ashanti. The mine has been in operation since the ...
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