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AngloGold Ashanti plc

Obuasi

Producing AshantiGold output (oz/yr): 221,000 oz
OverviewDetailsOwnershipLocation
Snapshot
221,000 oz
Gold output (oz/yr)
Overview

Obuasi is operated by AngloGold Ashanti plc in the Ashanti region. Gold output (oz/yr): 221,000 oz. Status: Producing.

Key facts
Gold output (oz/yr)221,000 oz
Primary mineralGold
Operation typeUnderground (high-grade)
ScaleLarge-scale
RegionAshanti
StatusProducing
Parent companyAngloGold Ashanti plc
Parent listed onNYSE, JSE
Production start year1,897
Ownership
Parent companyAngloGold Ashanti plc
Listed onNYSE, JSE
Production start1,897
Location
Ashanti

Obuasi is one of West Africa’s most storied gold mines, in operation since the 1890s and located in the Ashanti Region. Operated by AngloGold Ashanti, it produced 221,000 ounces of gold in 2024 at a total cash cost of US$1,214 an ounce.

After a major redevelopment completed in 2019, Obuasi is now a mechanised, deep underground mine focused on high-grade ore, and was still ramping up toward steady-state output in 2024.

Who owns Obuasi mine?

Obuasi is owned and operated by AngloGold Ashanti, listed on the New York and Johannesburg stock exchanges, with a 10 percent Government of Ghana carried interest.

Is Obuasi mine still open?

Yes. Obuasi is an active underground gold mine and a flagship of AngloGold Ashanti’s portfolio.