Tuesday, April 19, 2016

AngloGold Ashanti to consider other options


AngloGold Ashanti Obuasi says illegal miners have been looting large quantities of high-grade gold-bearing materials for more than two months at its Obuasi Mine, indicating that if the act persists it will consider other available options.
 
The company said in the process they are causing significant damage to critical infrastructure which serves both the mine and surrounding communities.

Mr. Eric Asubonteng, General Manager of the AngloGold Obuasi Mine, told a news conference in Accra that AngloGold Ashanti fears “serious and lasting” consequences if this situation is allowed to continue. “If this becomes continuous, AngloGold as an investor will consider other options.

“For example, electrical installations that support water treatment plants have been vandalised by the illegal miners. This has affected the company’s ability to treat water, and with the onset of the rains there is a real possibility that this essential work will be compromised.

“The presence of illegal miners is making it impossible for us to manage the situation accordingly,” he said. 

Hundreds of men invaded Obuasi, once one of the world’s largest gold mines, in February, demanding access to unused portions of the mine to dig for the metal illegally. The incident left one person dead.

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