AngloGold Ashanti to produce 2,000 T of gold a day in 2020 from Ghana mine


A worker pours gold at the AngloGold Ashanti mine at Obuasi, Ghana, October 23, 2003. REUTERS/Luc Gnago/File Photo

(Reuters) – AngloGold Ashanti said on Thursday it expected its Obuasi gold mine in Ghana to produce at a rate of 2,000 tonnes per day in 2020, after achieving its first pour of gold since it was suspended five years ago.

The initial capital expenditure for the mine, which has been in the process of redevelopment since last year, remains in the range of $495 million to $545 million, the company said.

AngloGold said it expected the rate to climb to 4,000 tonnes per day by the end of 2020.

Reporting by Yadarisa Shabong in Bengaluru; Editing by Edmund Blair



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