AngloGold Ashanti (ASX:AGG) has been issued environmental permits for the Obuasi Gold Mine from Ghana’s Environmental Protection Agency.
This is an important milestone paving the way for the redevelopment of this large, high-grade ore body.
The environmental permits relate to the Obuasi Re-Development Project and its associated Tailings and Water infrastructure.
The award of the permits follows the Parliamentary ratifications of the regulatory and fiscal agreements that cover the redevelopment of the Obuasi Gold Mine.
Shares in AngloGold Ashanti (ASX:AGG) closed 0.46 per cent higher to $2.18