Who owns the gold mines in Ghana?

Who owns the gold mines in Ghana?

The Ashanti Goldfields Corporation is a gold mining company based in Ghana that was founded by Joseph Ellis and Joseph Biney both from Cape Coast. The Ashanti Mine, located at Obuasi, 56 km south of Kumasi, has been producing since 1897….Mines & Production.

Mine Iduapriem Gold Mine
Country Ghana
2002 185,199
2003 243,533

How deep is Obuasi?

1,500m
Obuasi, an underground operation mining to a depth of 1,500m, is located in the Ashanti region, approximately 60km south of Kumasi.

Why is galamsey illegal?

Galamsey is illegal because operators involved work without regulatory approvals (from either the Ghana Minerals Commission, Environmental Protection Agency, Water Resources Commission, Forestry Commission or the host Municipal Assembly), pays no tax and statutory fees, operates in sensitive or prohibited areas (forest …

What is the largest gold mine in Ghana?

Obuasi Gold Mine
The Obuasi Gold Mine is an underground gold mine situated near Obuasi, in the Ashanti Region of Ghana. It was one of the top-10 largest gold mines on Earth. The mine is in Obuasi Municipal District, 39 miles (59.4 kilometers) south-west of regional capital Kumasi….Obuasi Gold Mine.

Location
Year of acquisition 2004

Can you take gold out of Ghana?

It is imperative to note that, in Ghana, an individual need a license to buy and deal with minerals. Therefore, the export of gold out of the jurisdiction of Ghana can only be done under a license by an entity. This is regulated under the Minerals and Mining Act, 2006 (Act 703).

Does Obuasi have an airport?

Obuasi Airport is a private airfield developed by Anglo Gold Ashanti to service their operations at the Obuasi Gold Mine. The airport was developed from a former airstrip and was inaugurated on 30 August 2012 by Minister of Transport, Collins Dauda. The airport is operated by Gianair on behalf of the owners.

What is the difference between mining and galamsey?

By local convention, registered “legal” mines are commonly referred to as “small-scale mines” and the unregistered are called “galamsey” mines. However the different terms and legal distinction suggest a dichotomy of activities where no such dichotomy exists.

What is galamsey effect?

Galamsey activities expose Ghanaians through drinking and inhaling of gaseous mercury, which is absorbed into the blood. Once in the circulatory system, it can pass through the blood-brain barrier and accumulate in the brain, damaging the central nervous system.

Can I buy gold from Ghana?

License to Buy and Export Gold It is imperative to note that, in Ghana, an individual need a license to buy and deal with minerals. Therefore, the export of gold out of the jurisdiction of Ghana can only be done under a license by an entity. This is regulated under the Minerals and Mining Act, 2006 (Act 703).