A worker pours gold at the Obuasi Gold Mine in southern Ghana on October 23, 2003. Source: Luc Gnago/Reuters.
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  • AngloGold Ashanti (AGG) has suspended all mining activities at its Obuasi Gold Mine in Ghana as a search for a missing miner continues
  • A “fall of ground in one of the operation’s mining stopes” happened early on Tuesday
  • The incident has triggered various rescue measures
  • AngloGold Ashanti is down 0.91 per cent to $6.55 per share

AngloGold Ashanti (AGG) has suspended all mining activities at its Obuasi Gold Mine in Ghana as a search for a missing miner continues.

According to a statement this morning, a “fall of ground in one of the operation’s mining stopes” occurred early on Tuesday, triggering various rescue measures.

“The mine rescue teams have been working tirelessly, in difficult geotechnical conditions in the immediate area, to locate our missing colleague,” the company said.

“The relevant authorities have been notified and are providing support during this time.”

Located in the Ashanti region of southern Ghana, approximately 260 kilometres northwest of the capital Accra, Obuasi has primarily been operated as an underground mine.

In 2016, it was put on a care and maintenance schedule pending redevelopment, which was approved by the government in 2018 and led to the restart of operations in early 2019.

Obuasi has operated at depths of up to 1500 metres with a continuous history of mining dating back to 1897.

The company said it would provide an update on the missing miner, who is an employee of its mining contractor, in due course.

AngloGold Ashanti is down 0.91 per cent to $6.55 per share at 12:48 am AEST.

AGG by the numbers
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