AngloGold Ashanti Iduapriem increases gold production

AngloGold Ashanti Iduapriem is set to increase gold production for2018 to surpass a quarter of a million ounces (250,000 oz) per annum for the first time in the mine’s history.

This compares favourably to the actual production of 214,000 oz and 228,000 oz for 2016 and 2017 respectively.  

The mine has ambitious yet realistic plans to increase production to above 270,000 ounces for the 2019 financial year.

Speaking on the sidelines of the 4th Ghana Chamber of Mines Industry Awards held recently in Accra, Mr Jasper Musadaidzwa, Managing Director of AngloGold Ashanti Iduapriem Limited said the company had two years ago, set itself the goal to cross the quarter million ounces mark by 2018.

“This was our main goal. We were hopeful that the way we are inclusive in working with our people, the manner in which we plan our business, innovate and implement our strategies would eventually carry us across the line,” he said.

Mr Musadaidzwa said the company was on the move because the management understand that to be successful all employees must contribute openly and freely. “Our strength is our diversity of background and thoughts, whether one is junior or senior, or female or male,”he stressed. 

He further indicated that “The next phase is now to ensure that our supply chain is directed at the people in the communities so that they can take part in our spend and create businesses over and above the direct employment in the communities.”

The Managing Director said the company plans to invest more than six  million dollars per annum into the local communities through local spend, This would mean some people in the host communities have “to create businesses to supply us with the skills, services and goods whether it is building, painting or supply of soap.”

In this direction, he said, the Mine has assisted the Teberebie Community to undertake a vegetable demonstration farm, where selected farmers are trained on vegetable cultivation under irrigation.  The farm produce provides a ready market for the company’s contractors and other buyers who purchase the produce on a daily basis.

Mrs. Joanna Osei Tutu Boakye, (Metallurgical Superintendent) of AngloGold Ashanti Iduapriem Mine was adjudged the Best Female Miner of the Year.  Also, Mr. Peter Sampson, a former Mining Manager of the Mine took the Life Time Achievement Award and MAXMASS Ghana Limited, a mining contractor of the mine, was crowned the Best Performer in Contract Mining.