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Ghana Parliament ratifies Obuasi agreements

AngloGold Ashanti has advised that the Parliament of Ghana has ratified the regulatory and fiscal agreements that cover the redevelopment of the Obuasi gold mine into a modern, productive mining operation.

AngloGold Ashanti’s idled Obuasi gold mine threatened by illegal mining

AngloGold Ashanti, the dual listed gold mining company, believes that illegal mining activity could threaten the long-term viability of its idled Obuasi gold mine in Ghana, West Africa. It also affects AngloGold Ashanti Ghana’s ability...

Goldcrest Resources expands Ghana gold project through Taoudeni acquisition

West Africa gold focused exploration company Goldcrest Resources has agreed to acquire the entire issued share capital of Taoudeni Resources, enabling it to expand its Akoko gold project in Ghana. Taoudeni Resources is a company...

Kibali gold mine to increase output with new Osborn-equipped crushing stations

A significant export order for jaw crushers and apron feeders for Kibali gold mine in the Democratic Republic of Congo has been awarded to Osborn by Randgold Resources. Export sales manager Joe Sequeira says that...

Randgold Resources posts new production record, speeds up exploration drive

Mali/DRC/Côte d’Ivoire –  African gold major Randgold Resources boosted production to a new record level in the third quarter of the year on the back of a steady all-round operational performance while stepping up exploration programmes...

Anglogold Ashanti Obuasi mine revival starts with new Randgold JV agreement

Ghana - Gold majors Randgold Resources and AngloGold Ashanti are replicating the solid relationship established at the Kibali project in the DRC as they look to jointly redevelop and operate the Anglogold Ashanti Obuasi...

AngloGold Ashanti quarter beats operating guidance & generates free cash flow

Gold major AngloGold Ashanti has generated US$71 million of free cash flow in the three months to June 2015 with production and costs beating guidance on the back of strong performance from its international...