Obuasi, Ghana
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Obuasi, Ghana
Obuasi is a Mining Community and town in the southern part of Obuasi Municipal of the Ashanti Region of Ghana. Obuasi is the capital of the Obuasi Municipal which lies south of Ashanti capital city Kumasi 39 miles (59.4 kilometres) away south-west of Kumasi or 1 hour 2 minutes road-drive from Obuasi to Kumasi. Obuasi has a settlement population of 175,043 people. Obuasi gold bar mining community has delicate mosaic from the Ashanti people culture of Ashanti and the semi-island exclave Ashantiland. Obuasi wears a ring of hills as its adornment and Obuasi sits quietly albeit industriously on the soil that births the top-9 single richest bullion gold bar gold mining mining, mine on Earth the Obuasi Gold Mine. Gold Coast region was named after the large amount of gold mined historically at Obuasi and the broader Ashanti Region. Economy Obuasi is known for the Obuasi Gold Mine, one of the largest underground gold mines in the world. With gold having been mined on ...
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Mining Community
A mining community, also known as a mining town or a mining camp, is a community that houses miners. Mining communities are usually created around a mine or a quarry. Historic mining communities Australia * Ballarat, Victoria * Bendigo, Victoria Austria *Schwaz *Eisenerz, Styria Former Austria-Hungary Upper Austrio-Hungarian mining towns *Göllnitz, today Gelnica *Jossau, today Jasov *Nemecká Ľupča, today Partizánska Ľupča *Schmöllnitz, today Smolník *Rosenau, today Rožňava *Ruda, today Rudabánya in Hungary *Telken, today Telkibánya in Hungary *Zipser Neudorf, today Spišská Nová Ves Lower Austrio-Hungarian mining towns *Dilln, today Banská Belá *Königsberg, today Nová Baňa *Kremnitz, today Kremnica *Libethen, today Ľubietová *Neusohl, today Banská Bystrica *Pukanz, today Pukanec *Schemnitz, today Banská Štiavnica Bosnia and Herzegovina * Banovići * Kakanj *Tuzla *Zenica Canada * Cobalt, Ontario * Glace Bay, Nova Scotia *Dawson ...
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Kumasi
Kumasi (historically spelled Comassie or Coomassie, usually spelled Kumase in Twi) is a city in the Ashanti Region, and is among the largest metropolitan areas in Ghana. Kumasi is located in a rain forest region near Lake Bosomtwe, and is the commercial, industrial, and cultural capital of the historical Ashanti Empire. Kumasi is approximately north of the Equator and north of the Gulf of Guinea. Kumasi is alternatively known as "The Garden City" because of its many species of flowers and plants in the past. It is also called Oseikrom (Osei Tutu's the first town). Kumasi is the second-largest city in Ghana, after the capital, Accra. The Central Business District of Kumasi includes areas such as Adum, Bantama, Asawasi, Pampaso and Bompata (popularly called Roman Hill), with a concentration of banks, department stalls, and hotels. Economic activities in Kumasi include financial and commercial sectors, pottery, clothing and textiles. There is a significant timber processing ...
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State-owned
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-o ...
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Ashanti Goldfields Corporation
The Ashanti Goldfields Corporation is a gold mining company based in Ghana that was founded by Joseph Ellis and Joseph Biney both from Cape Coast. The Ashanti Mine, located at Obuasi, 56 km south of Kumasi, has been producing since 1897. During the turn of the century 1900, the Ashanti Goldfields Corporation was among the most important gold mining companies listed at the London Stock Exchange. The mine is sited on one of the world's major gold deposits and is one of the ten largest in the world. In 1994, the Ghana government, the majority shareholder, announced plans to sell 20-25 percent of its interest in AGC in a share flotation. The company was listed on the London and Ghana stock exchanges. It was the largest flotation ever organised by any gold mining company coordinating and advisory team alone numbered over 200 people. Each of the company's 10,000 employees received five free shares. In 1996 AGC was listed on the New York Stock Exchange to raise new capital, it was ...
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Airstrip
An aerodrome (Commonwealth English) or airdrome (American English) is a location from which aircraft flight operations take place, regardless of whether they involve air cargo, passengers, or neither, and regardless of whether it is for public or private use. Aerodromes include small general aviation airfields, large commercial airports, and military air bases. The term ''airport'' may imply a certain stature (having satisfied certain certification criteria or regulatory requirements) that not all aerodromes may have achieved. That means that all airports are aerodromes, but not all aerodromes are airports. Usage of the term "aerodrome" remains more common in Ireland and Commonwealth nations, and is conversely almost unknown in American English, where the term "airport" is applied almost exclusively. A water aerodrome is an area of open water used regularly by seaplanes, floatplanes or amphibious aircraft for landing and taking off. In formal terminology, as defined by th ...
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Railway Line
Rail terminology is a form of technical terminology. The difference between the American term ''railroad'' and the international term ''railway'' (used by the International Union of Railways and English-speaking countries outside the United States) is the most significant difference in rail terminology. These and other terms have often originated from the parallel development of rail transport systems in different parts of the world. In English-speaking countries outside the United Kingdom, a mixture of US and UK terms may exist. Various global terms are presented here. Where a term has multiple names, this is indicated. The abbreviation "UIC" refers to standard terms adopted by the International Union of Railways in its official publications and thesaurus. 0–9 A B ...
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Gold
Gold is a chemical element with the symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile metal in a pure form. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements and is solid under standard conditions. Gold often occurs in free elemental ( native state), as nuggets or grains, in rocks, veins, and alluvial deposits. It occurs in a solid solution series with the native element silver (as electrum), naturally alloyed with other metals like copper and palladium, and mineral inclusions such as within pyrite. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides). Gold is resistant to most acids, though it does dissolve in aqua regia (a mixture of nitric acid and hydrochloric acid), forming a soluble tetrachloroaurate anion. Gold is ...
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Gold Coast (region)
The Gold Coast was the name for a region on the Gulf of Guinea in West Africa that was rich in gold, petroleum, sweet crude oil and natural gas. This former region is now known as the country Ghana. Etymology and position The Gold Coast, Slave Coast, Pepper Coast (or Grain Coast) and Ivory Coast were named after the main export resources found there, respectively. Early uses of the term ''Gold Coast'' refer strictly to the coast and not the interior. It was not until the 19th century that the term came to refer to areas that are far from the coast. The Gold Coast was to the east of the Ivory Coast and to the west of the Slave Coast. Territorial entities Gold Coast region territorial entities were: * Portuguese Gold Coast (Portuguese, 1482–1642) * Dutch Gold Coast (Dutch, 1598–1872) * Swedish Gold Coast (Swedes, 1650–1658; 1660–1663) * Couronian Gold Coast (Duchy of Courland and Semigallia, 1651–1661) * Danish Gold Coast ( Denmark-Norway, 1658–1850) * Bran ...
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Earth
Earth is the third planet from the Sun and the only astronomical object known to harbor life. While large volumes of water can be found throughout the Solar System, only Earth sustains liquid surface water. About 71% of Earth's surface is made up of the ocean, dwarfing Earth's polar ice, lakes, and rivers. The remaining 29% of Earth's surface is land, consisting of continents and islands. Earth's surface layer is formed of several slowly moving tectonic plates, which interact to produce mountain ranges, volcanoes, and earthquakes. Earth's liquid outer core generates the magnetic field that shapes the magnetosphere of the Earth, deflecting destructive solar winds. The atmosphere of the Earth consists mostly of nitrogen and oxygen. Greenhouse gases in the atmosphere like carbon dioxide (CO2) trap a part of the energy from the Sun close to the surface. Water vapor is widely present in the atmosphere and forms clouds that cover most of the planet. More solar e ...
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Gold Mining
Gold mining is the extraction of gold resources by mining. Historically, mining gold from alluvial deposits used manual separation processes, such as gold panning. However, with the expansion of gold mining to ores that are not on the surface, has led to more complex extraction processes such as pit mining and gold cyanidation. In the 20th and 21st centuries, most volume of mining was done by large corporations, however the value of gold has led to millions of small, artisanal miners in many parts of the Global South. Like all mining, human rights and environmental issues are common issues in the gold mining industry. In smaller mines with less regulation, health and safety risks are much higher. History The exact date that humans first began to mine gold is unknown, but some of the oldest known gold artifacts were found in the Varna Necropolis in Bulgaria. The graves of the necropolis were built between 4700 and 4200 BC, indicating that gold mining could be at least 700 ...
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Bullion
Bullion is non-ferrous metal that has been refined to a high standard of elemental purity. The term is ordinarily applied to bulk metal used in the production of coins and especially to precious metals such as gold and silver. It comes from the Anglo-Norman term for a melting-house where metal was refined, and earlier from French , "boiling". Although precious metal bullion is no longer used to make coins for general circulation, it continues to be held as an investment with a reputation for stability in periods of economic uncertainty. To assess the purity of gold bullion, the centuries-old technique of fire assay is still employed, together with modern spectroscopic instrumentation, to accurately determine its quality. As investment The specifications of bullion are often regulated by market bodies or legislation. In the European Union, the minimum purity for gold to be referred to as "bullion", which is treated as investment gold with regard to taxation, is 99.5% for gol ...
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Ashantiland
The Asante Empire (Asante Twi: ), today commonly called the Ashanti Empire, was an Akan state that lasted between 1701 to 1901, in what is now modern-day Ghana. It expanded from the Ashanti Region to include most of Ghana as well as parts of Ivory Coast and Togo. Due to the empire's military prowess, wealth, architecture, sophisticated hierarchy and culture Culture () is an umbrella term which encompasses the social behavior, institutions, and norms found in human societies, as well as the knowledge, beliefs, arts, laws, customs, capabilities, and habits of the individuals in these groups.Tyl ..., the Ashanti Empire has been extensively studied and has more historic records written by European, primarily British authors than any other indigenous culture of Sub-Saharan Africa.Collins and Burns (2007), p. 140. Starting in the late 17th century, the Ashanti king Osei Tutu ( – 1717) and his adviser Okomfo Anokye established the Ashanti Kingdom, with the Asante roya ...
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