Deal #4787 Version #69414

It is unclear what the size under contract is.

estimated reserves of 5.29 million ounces of gold. Mining operations are primarily underground, to a depth of 1.5km. Some surface mining in the form of open pit and tailings reclamation occurs.

Gold mining began at Obuasi Gold Mine more than 112 years ago, in 1897 when it was originally known as the Ashanti Mine. Acquired following a merger between the former AngloGold Limited of South Africa and Ashanti Goldfields Company Limited of Ghana in 2004. Originally the mine was only owned by Anglogold. Joint venture between Anglogold and Randgold in 2015.

Gold mining began at Obuasi Gold Mine more than 112 years ago, in 1897. In 2012, Anglogold had undertaken a modernization of the Obuasi mine program which included underground operations and infrastructure development. But in late 2014, the company limited its activity with a reduction in jobs and the cessation of underground production.The underground production will not be operational before the end of first quarter 2016.