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Irate youth seize AngloGold concession in Obuasi

irate

Some angry youth in Obuasi have reportedly taken over a concession of mining giant, AngloGold in the area.

The youth who are mostly illegal miners took over the mining area after a scuffle with security officials of the company Tuesday.

According to Ultimate FM’s Isaac Bediako Justice, the youth are accusing the management of AngloGold of violating an agreement with government to release a portion of the mining land for them. The company has however denied the existence of any such agreement.

Military men who were reportedly brought in from Kumasi to ensure order left without finding solution to the impasse.

The Obuasi Mine which started operations more than a century in Ghana and was once listed on the London Stock Exchange and served as the beacon that attracted other mining companies into the country, has in recent times faced dwindling fortunes.

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Reporting Oil and Gas project was launched on 4th June 2009atTakoradi, Western Region, Ghana by Penplusbytes (PPB – www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector
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