AngloGold Ashanti awards $375m Obuasi contract
PERTH (miningweekly.com) – Gold miner AngloGold Ashanti has awarded a joint venture (JV) between ASX-listed Ausdrill and Barminco Holdings a $375-million mining services contract at the Obuasi project, in Ghana.
A previously published feasibility study on Obuasi found a 5.8-million-ounce ore reserve and 34-million-ounce mineral resource. Mine production for the first ten years will be focused on the upper orebodies and is expected to average 350 000 oz to 450 000 oz at an average head grade of 8.1 g/t gold.
The five-year contract covers a full suite of underground mining services at Obuasi, and works are expected to start in the first quarter of the 2019 calendar year.
Some 550 people will be employed on the project team.
The contract was awarded to a JV between the Ausdrill/Barminco JV vehicle, African Underground Mining Services, and Ghanian mining contractor Rocksure International.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation