Mining Intelligence and News
Ghana

Obuasi Mine

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Summary

Mine TypeUnderground
StatusActive
Commodities
  • Gold
Mining Method
  • Transverse open stoping
  • Longhole open stoping
  • Longitudinal retreat
  • Drift & Fill
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Production Start... Lock
Mine Life... Lock
SnapshotObuasi is an underground operation. Mining operations are primarily underground to a depth of 1,500m.

On receipt of the requisite approvals from the Government of Ghana, the Obuasi redevelopment project began in late 2018. On completion, phases 1 and 2 of the redevelopment project brought higher capacity by mid-2022.

Phase 3 involving the refurbishment of the Kwesi Mensa shaft and associated infrastructure, which is currently underway, entails developing the infrastructure to support the planned ramp-up in production capacity to 5,000tpd.

The Kwesi Mensa ventilation shaft – believed to be the world’s largest raise bore shaft – was successfully completed. The resultant ventilation improvements will support a ramp-up in mined volumes from the Block 10 mining area. Also, as part of Phase 3, the underground rail transport system was completed.

As a result of difficult ground conditions encountered in high-grade areas during 2024, a hybrid mining approach has been adopted.
Latest NewsPerenti’s AUMS banks A$1.02 billion contract at AngloGold’s Obuasi mine     May 22, 2025

Owners

SourceSource
CompanyInterestOwnership
AngloGold Ashanti plc. 100 % Indirect
AngloGold Ashanti (Ghana) Ltd. (operator) 100 % Direct
Obuasi gold mine is owned and operated by AngloGold Ashanti (Ghana) Limited (AAGL), a company registered in Ghana. AAGL through AngloGold Ashanti Holdings plc is wholly owned by AngloGold Ashanti plc.

Contractors

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Deposit type

  • Vein / narrow vein

Summary:

Geology
The mine is located within the Obuasi concession area in southwestern Ghana along the northeasterly striking Ashanti volcanic belt. The deposit is one of the most significant Proterozoic gold belts discovered to date. The Ashanti belt predominantly comprises sedimentary and mafic volcanic rocks, and is the most prominent of the five Birimian Supergroup gold belts found in Ghana.

Deposit type
The Birimian was deformed, metamorphosed, and intruded by syn- and post-tectonic granitoids during the Eburnean tectonothermal event around two billion years ago. Folding trends are dominantly north-northeast to northeast. Elongate syn-Birimian basins developed between the ridges of the Birimian system, and these were filled with the Tarkwaian molasse sediments made up primarily of conglomerates, quartzose and arkosic sandstones and minor shale units. Major faulting has taken place along the same trends. The Lower Birimian metasediments and metavolcanics are characterised and defined by argillaceous and fine to intermediate arenaceous rocks. These rocks are represented by phyllites, metasiltstones, metagreywackes, tuffaceous sediments, ash tuffs and hornstones in order of decreasing importance. Adjacent to the shear zones, these rocks are replaced by sericitic, chloritic and carbonaceous schists, which may be graphitic in places. Multiple lodes are a common feature. Mineralised shears are found in close proximity to the contact with harder metamorphosed and metasomatically altered intermediate to basic Upper Birimian volcanics. The competency contrast between the harder metavolcanic rocks to the east and the more argillaceous rock to the west is thought to have formed a plane of weakness. During crustal movement, this plane became a zone of shearing and thrusting coeval with the compressional phases.

Mineralisation style
Gold mineralisation is associated with shear zones and pervasive silica, carbonate and sulphide hydrothermal alteration which occur in tightly folded Lower Birimian schists, phyllites, meta- greywackes, and tuffs, along the eastern limb of the Kumasi anticlinorium. They are found near the contact with harder metamorphosed and metasomatically altered intermediate to basic upper Birimian volcanics. There are two broad styles of gold mineralisation including free milling quartz vein gold and sulphiderich, disseminated and refractory gold which form alteration haloes around the quartz vein lodes. Sulphide mineralisation is dominated by arsenopyrite and quartz mineralisation, which is associated with spatially variable, but exceptionally high-grade visible gold in quartz veins.

Mineralisation characteristics
Two main ore types are present, namely quartz vein and sulphide ore. The quartz vein type consists mainly of quartz with free gold in association with lesser amounts of various metal sulphides containing iron, zinc, lead and copper. This ore type is generally non-refractory. The sulphide ore type is characterised by the inclusion of gold in the crystal structure of arsenopyrite minerals. Higher gold grades tend to be associated with finer grained arsenopyrite crystals. The sulphide ore is generally refractory.

Reserves

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Mining Methods

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Heavy Mobile Equipment

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Comminution

Crushers and Mills

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Processing

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Commodity Production

CommodityUnits2024202320222021202020162015
Gold koz  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe353

Operational metrics

Metrics2024202320222021202020162015
Annual processing capacity  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe2.4 Mt2.4 Mt
Ore tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
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Tonnes processed  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe1 Mt

Production Costs

CommodityUnits20242023202220212020
Credits (by-product) Gold USD  ....  Subscribe  ....  Subscribe
Cash costs Gold USD  ....  Subscribe  ....  Subscribe
Total cash costs Gold USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
All-in sustaining costs (sold) Gold USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
All-in costs Gold USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
** Net of By-Product.

Mine Financials

Units202420232022202120202019
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Capital expenditures M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 246  
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EBITDA M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
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Personnel

Mine Management

Job TitleNameProfileRef. Date
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Workforce

EmployeesContractorsTotal WorkforceYear
...... Subscription required ...... Subscription required ...... Subscription required 2024
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Aerial view:

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