AngloGold Ashanti added no value to the mine after take over in 2004-Obuasi MCE

By Emmanuel Agyemfra Boateng

Mr. Richard Ofori Agyemang-Boadi the Obuasi Municipal Chief Executive has earlier this morning blamed Anglo Ashanti, Obuasi mine  for their current predicaments which have seen the largest mining giants in Ghana laying off over 5,000 workforce two years ago.

Speaking as a special guest on Obuasi based Shaft FM 98.1’s morning show, the Journalist turned Politician said the government can only make sure the company operates in a safe and sound environment but the rest depends on the company to make or loose profits.

“When they took over from the government of Ghana in 2004, gold prices were very good and all was well until they became reluctant to add Machinery to their operations which had a great effect on their profit margin,

The Tarkwa mine which had less over 1,400 workforces produced more ore as compared to Obuasi with over 4,500 workforces”, he stressed.

NDC Manifesto

When queried by the Obuasi West MP why the President didn’t include AngloGold Ashanti, Obuasi mine in the NDC’s manifesto highlights the MCE said, “AGA wasn’t subjected to governmental control, so why then we include a single private company in our manifesto”

Mr. Richard Ofori Agyemang-Boadi added that, the government is preparing to introduce a Tax Rebate system which will go a long way to encourage private employers to employ more workforce on the employment data base that was mentioned by the President in their manifesto highlights few days ago.

Ending his submission on the show, the Municipal Chief Executive quickly added that, the less productive nature of the Obuasi mine has really affected the revenue base of the Obuasi Municipal Assembly and also debunked rumors that, he is championing the cause of Small Scale miners to the detriments of Anglo Gold Ashanti, Obuasi mine.



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