Anglogold Ashanti Archives

21 Mar

AngloGold Ashanti Recorded $46M Loss In 2023

Wontumi1BusinessAnglogold Ashanti, Loss

AngloGold Ashanti lost $46 million or 11 US cents per share in 2023. This is compared to $489 million or 116 US cents per share, for the year ended December 31, 2022. According to its Full Year 2023 report, headline earnings were down year-on-year mainly due to lower gold sold (54 US cents per share), higher costs related to the corporate restructuring (taxes and fees) (75 US cents per share), higher care and maintenance and retrenchment costs, among others. These effects, it said, were partially offset by higher equity-accounted joint venture income (11 US cents per share), higher finance income…

31 Jul

AngloGold Ashanti Renews Its Trust In Veolia To Depollute The Water Of Its Obuasi Gold Mine In Ghana

Wontumi2BusinessAnglogold Ashanti

Veolia renewed its contract with AngloGold Ashanti Ghana Limited, part of the South African-headquartered gold mining company, AngloGold Ashanti, the world’s fourth-largest gold producer. Veolia Ghana Limited will be responsible for operating and maintaining all the water treatment plants for the Obuasi open-cut and underground mines in Ghana. These additional two years confirm Veolia’s operational know-how in the preservation, depollution and renewal of water resources for the mining industry. No less than six facilities are required to guarantee the treated water and discharge quality for AngloGold Ashanti’s Obuasi mine: 4 wastewater treatment plants and 2 drinking water treatment plants. Water…

31 May

Update: 48 Illegal Miners Arrested After Exiting AngloGold Obuasi Mine Shaft

Wontumi1BusinessAnglogold Ashanti, illegal miners, mining

The number of illegal miners who were among the several others trapped in the AngloGold Ashanti Ghana’s Obuasi Mine shaft but have been arrested after exiting has moved from seven to forty-eight. Earlier the mining company announced in a statement that seven were in the custody of the Ghana Police Service. The company explained that unauthorized persons underground are able to exit on foot, via the existing ramp, through the main access of this mining area. No person underground has been confined in any way and the main exit ramp from the mine remains open. Obuasi Gold Mine’s management team has…

31 May

No Illegal Miner Underground Has Been Confined; The Main Exit Ramp Remains Open – AngloGold

Wontumi1BusinessAnglogold Ashanti, illegal miners

AngloGold Ashanti Ghana’s Obuasi Mine has said it has become aware of media reports alleging that illegal miners may have been trapped underground in the northern areas of the mine, remote from current active mining areas. The mining company explained that unauthorized persons underground are able to exit on foot, via the existing ramp, through the main access of this mining area. No person underground has been confined in any way and the main exit ramp from the mine remains open. Obuasi Gold Mine’s management team has notified the relevant authorities and public security services and is working closely with…

10 May

#FixTheCountry: Have The Conveners Covered Their Eyes With Cow Dung? Abronye Quizzes (Video)

Kakra NunuFeatured, NewsAbronye, Anglogold Ashanti, FixTheCountry

Conveners of the #FixTheCountry have been queried by the Bono Regional Chairman for the New Patriotic Party if they have deliberately covered their eyes with "cow dung" to avoid seeing development around them. Kwame Baffoe didn't treat the conveners of the group lightly as he pointed out that they have an agenda to overlook the good side of the Akufo-Addo led government and hammer on things which are already being fixed in the country. Discussing the issue on Wontumi TV, the NPP Chairman known as Abronye wondered why the conveners of #FixTheCountry never found a voice when former President John…