Anglogold Ashanti Hints Plans to Transform Obuasi Mine

The managers of the AngloGold Ashanti say serious efforts are underway to transform the troubled Obuasi mine into a long-lived massive gold producer in the future. Undoubtedly one of the oldest underground operations in the world, the management is taking tough, painful, but necessary, measures, not only to renew both surface and underground infrastructure, but also restructure the entire operation to ensure its survival and profitability. Read Full Story