Asset Report
Ashanti (Obuasi Operations) gold mine
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Gold mining and processing in the Ashanti pre-dates the colonisation of Ghana. At its peak in the mid-90s, the mine produced approximately 1Moz/a but due to legacy issues such as ageing infrastructure, production was on a downward trend. In 2014, mining activities ceased and the mine was placed on care and maintenance. In 2017, a feasibility study was completed for a possible re-start of operations at Obuasi, with a mine life of 21 years. In 2018, board approval was received, and the redevelopment project commenced in late 2018, with the first gold poured during the fourth quarter of 2019. The development plan laid out two phases of development: Phase 1 – 2,000tpd operation and Phase 2 – 4,000tpd operation. Commercial production was achieved for Phase 1 in October 2020. Phase 2 achieved commercial production in October 2022. The operation is expected to ramp-up further to 5,000tpd (Phase 3) by the end of 2023.
Table of contents
- Summary
- Key Issues
- Emissions
- Mining
- Processing
- Capital cost
Tables and charts
This report includes the following images and tables:
- Detailed map
What's included
This report contains:
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