Commodities Buzz: AngloGold Ashanti Receives Obuasi Environmental Permits

AngloGold Ashanti has informed that Ghanas Environmental Protection Agency has issued environmental permits for the Obuasi Gold Mine, another important milestone paving the way for the redevelopment of this large, high-grade ore body.

The environmental permits relate to the Obuasi Re-Development Project and its associated Tailings and Water infrastructure. The award of the permits follows the Parliamentary ratifications of the regulatory and fiscal agreements that cover the redevelopment of the Obuasi Gold Mine.

With the key permitting and regulatory process complete, we will continue to progress the redevelopment of the Obuasi mine as a modern, productive, operation that will benefit a range of key stakeholders for at least two decades, AngloGold Ashanti Chief Executive Officer, Srinivasan Venkatakrishnan, said.