Investment Times

Mining, a major global activity, is extolled and chided in equal measure. Ironically, mining's developmental ethos is criticised and praised at the same time. Over the years, the presence of precious mineral deposits has been associated with widespread poverty and underdevelopment in mining areas/ communities.Obuasi has over the years been compared to the affluent South Africa city of Johannesburg. While some believe the comparison has been unfair, AngloGold Ashanti Obuasi Mine remains poised to break the barrier between mining and development in Obuasi.AngloGold Ashanti, after a brief hiatus, introduced a 3- year Social Management Plan in 2019. The plan focused...