Gold mining suspension alarms small town in Ghana

Written by MCJStaff   // September 3, 2014   // 0 Comments

p025p7b2BBC News Business

Ghana is the world’s second largest producer of gold – but with a decline in the price of this precious metal, the prospects for the Ghanaian mining sector have been uncertain.

In June 2014, AngloGold Ashanti – one of the largest mining houses in Ghana – announced plans to suspend some of its operations, but the associated job cuts are only part of a much wider problem for the local economy.

Sammy Darko reports for Africa Business Report, from the mining town of Obuasi in Ghana.


AngloGold Ashanti


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