Obuasi Gold Mine

Obuasi, Ghana

Key Information:


 Ashanti Region of South Ghana


Gold Ore

Project Status



Measured + Indicated Resources at 34.05 Moz


7.98 g/t



The mine is located on the Ashanti Volcanic Belt and the lithology is predominantly from the Biriman Supergroup. They originate from the mid-oceanic arcs of volcanoes, which formed a crust and collided with the West African Craton.

Gold mineralisation is found in the graphite-chlorite-sericite fault zones and are associated with carbonate and sulphide hydrothermal alteration.


Project Owners:

The redevelopment project is being operated by AngloGold Ashanti, who are Africa’s largest gold mining company.

Redevelopment officially launched in January 2019 after AngloGold Ashanti secured approval from the Ghanaian Government in June 2018.


Project Status:

The first phase of redevelopment involved mine rehabilitation and the refurbishment of parts of the processing plant. The second phase involves refurbishing the shaft, ventilation and underground material handlings system. An upgrade of the processing plant is also proposed, in order to double processing capacity. The upgrade will involve the installation of a new primary crusher,  semi-autogenous grinding (SAG) and a ball mill circuit, a carbon regeneration facility, a new tailings storage facility and a new gold room.


Available Data:

Geological Map

Feasibility Study



There are roads leading from Accra to the mine, a total travel time of up to 5 hours.

The electricity supply will be from three 33MVA lines by Volta River Authority.

Water supply will be sourced from the Jimi River which is 7.5km away from the mine site.




AngloGold Ashanti

Listing Information

Ashanti, Ghana

Related Listings

Near Sabodala Project, Senegal

East Senegal, Sabodala region, 700km from Dakar.



Key Information: Location 700km south-east of Dakar, Senegal Deposit Gold Project Status Exploration Reserves Total historical mineral reserves of 2.6Moz Quality 3.94 g/t Au, 10+ years mine life Geology: The Massawa gold project is situated on the Senegalese side of the highly prospective Birimian Greenstone Belt. Read more…

Siguiri, Guinea

Siguiri District,Guinea, West Africa



Key Information: Location Siguiri District,Guinea, West Africa Deposit Gold Project Status Production Reserves Ore Reserve of 2.06Moz, Mineral Resource of 7.18Moz Quality High grade Geology: This concession is dominated by Proterozoic Birmian rocks which consist of turbidite facies sedimentary sequences. Read more…

Agbaja, Nigeria

Kogi State, Nigeria


Licensing Round


Location Agbaja, Lokoja LGA, Kogi State Deposit  Limonite, magnemite, goethite  Exploration Status Detailed exploration byNational Steel Raw Materials Agency Reserves 1,150 million tonnes (inferred) Quality 46.8% Geology:  The deposit occurs as sedimentary ores of Oolitic and pisolitic iron stone covering Agbaja plateau. Read more…