As Ghana’s gold mining sector undergoes rapid expansion, AngloGold Ashanti has stepped forward as a Gold Sponsor of the upcoming Mining in Motion 2025 summit. The global mining leader’s sponsorship reinforces its dedication to sustainable mining practices and economic development in one of Africa’s leading gold-producing nations.
At the heart of AngloGold Ashanti’s strategy is a $500 million investment to boost production at its Obuasi mine. Once placed on limited operations in 2017, the site is being transformed through a two-phase redevelopment plan launched in 2018. This initiative aims to unlock 5.8 million additional ounces of gold and extend the mine’s operational life by two decades, maintaining its annual output of 224,000 ounces.
In western Ghana, the company also operates the Iduapriem open-pit mine, which produces 5.2 million tons of ore annually and yields 268,000 ounces of gold. In 2023, AngloGold Ashanti announced plans for a joint venture with Gold Fields, combining Iduapriem with the neighboring Tarkwa mine. The merger is expected to increase output, reduce operating costs, and prolong mine life, pending government approval.
AngloGold Ashanti’s engagement in Mining in Motion 2025 is part of its broader goal to drive gold production and strengthen industry collaboration. The summit, scheduled for June 2–4, 2025, in Accra, will convene Ghanaian policymakers, international stakeholders, and mining professionals under the theme “Sustainable Mining & Local Growth – Leveraging Resources for Global Growth.”
“Stay informed about the latest advancements, network with industry leaders, and engage in critical discussions on key issues impacting small-scale miners and medium to large scale mining in Ghana. Secure your spot at the Mining in Motion 2025 Summit by visiting https://MininginMotionSummit.com.”
Mining in Motion is organized by the Ashanti Green Initiative in collaboration with the World Bank, the World Gold Council, and other global partners.
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