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Obuasi
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 the site since ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Obuasi Gold Mine
The Obuasi Gold Mine is an underground gold mine situated near Obuasi, in the Ashanti Region of Ghana. It was at one time one of the world's ten largest gold mines. The mine is in Obuasi Municipal District, southwest of the regional capital Kumasi. In 2008, AngloGold Ashanti's Ashantiland operations, consisting of Obuasi and the Iduapriem Gold Mine, contributed 11% to the company's annual production. At its temporary closure in 2014 Obuasi had past gold production plus current resource of 62 million troy ounces. History There is a long history of mining in the area, with mining from the Ashanti region providing the gold for which the Gold Coast got its name. Large scale commercial and industrial mining began at Obuasi in 1897 with the formation of Ashanti Goldfields Corporation. ayiajavon.com, accessed: 9 August 2010 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Obuasi Municipal District
Obuasi Municipal District is one of the forty-three districts in Ashanti Region, Ghana. Originally it was formerly part of the then-larger Adansi West District in 1988, until part of the district was split off to create Obuasi Municipal District on 15 December 2003 (effectively 17 February 2004); whose remaining parts had been absorbed into parts of Adansi North District and Adansi South District respectively. Later, the eastern part of the district was split off to create Obuasi East District on 15 March 2018; thus the remaining part has been retained as Obuasi Municipal District. The municipality is the southern part of Ashanti Region and has Obuasi as its capital town. Resources The city is well known for its natural resource: gold. Geography The Municipality is located at the southern part of Ashanti between latitude 5.35N and 5.65N and longitude 6.35N and 6.90N. It covers a land area of 1624 km2. There are 53 villages in the Municipality which share 19 electoral areas. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ashanti Region
The Ashanti Region is located in southern part of Ghana and it is the third largest of 16 administrative regions, occupying a total land surface of or 10.2 percent of the total land area of Ghana. In terms of population, however, it is the most populated region with a population of 4,780,380 according to the 2011 census, accounting for 19.4% of Ghana's total population. The Ashanti Region is known for its major gold bar and cocoa production. The largest city and regional capital is Kumasi. Geography Location and size The Ashanti Region is centrally located in the middle belt of Ghana. It lies between longitudes 0.15W and 2.25W, and latitudes 5.50N and 7.46N. The region shares boundaries with six of the sixteen political regions, Bono, Bono East and Ahafo Regions in the north, Eastern region in the east, Central region in the south and Western region in the South west. The region is divided into 27 districts, each headed by a District Chief Executive. Economy Tourism ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AngloGold Ashanti
AngloGold Ashanti Limited is a global gold mining company. It was formed in 2004 by the merger of AngloGold and the Ashanti Goldfields Corporation. It is now a global gold producer with 21 operations on four continents. The company is listed on the New York, Johannesburg, Accra, London and Australian stock exchanges, as well as the Paris and Brussels bourses. In 2008, AngloGold produced 4.98 million ounces of gold from its operations, estimated to be seven percent of the global production. In 2009, the company's gold output dropped to 4.6 million ounces. As of the third quarter of 2014, Anglogold was the world's third-largest producer of gold, behind Barrick Gold and Newmont Mining. The company is claimed to be the 'most sophisticated and technologically advanced' mining operations with strict adherence to safety regulations. History AngloGold Ashanti was formed on 26 April 2004, after the High Court of Ghana approved the merger of AngloGold and the Ashanti Goldfie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Osei Tutu II
Osei Tutu II (born Nana Barima Kwaku Duah; 6 May 1950) is the 16th List of rulers of Asante, Asantehene, enstooled on 26 April 1999.Kingdom of Ashanti Kings And Queens Of Asante. By name, Otumfuo Osei Tutu II is in direct succession to the 17th-century founder of the Ashanti Empire, Osei Kofi Tutu I, Otumfuo Osei Tutu I. He is also the Chancellor (education), Chancellor of the Kwame Nkrumah University of Science and Technology. Otumfuo Osei Tutu II is the Grand Patron of the Freemasonry in Ghana#Grand Lodge of Ghana, Grand Lodge of Ghana and the Swordbearer (ceremonial), Sword Bearer of the United Grand Lodge of England. Biography Early life He was born on 6 May 1950 and named Nana B ...[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ghana
Ghana (; tw, Gaana, ee, Gana), officially the Republic of Ghana, is a country in West Africa. It abuts the Gulf of Guinea and the Atlantic Ocean to the south, sharing borders with Ivory Coast in the west, Burkina Faso in the north, and Togo in the east.Jackson, John G. (2001) ''Introduction to African Civilizations'', Citadel Press, p. 201, . Ghana covers an area of , spanning diverse biomes that range from coastal savannas to tropical rainforests. With nearly 31 million inhabitants (according to 2021 census), Ghana is the List of African countries by population, second-most populous country in West Africa, after Nigeria. The capital and List of cities in Ghana, largest city is Accra; other major cities are Kumasi, Tamale, Ghana, Tamale, and Sekondi-Takoradi. The first permanent state in present-day Ghana was the Bono state of the 11th century. Numerous kingdoms and empires emerged over the centuries, of which the most powerful were the Kingdom of Dagbon in the north and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Absolute Monarchy
Absolute monarchy (or Absolutism as a doctrine) is a form of monarchy in which the monarch rules in their own right or power. In an absolute monarchy, the king or queen is by no means limited and has absolute power, though a limited constitution may exist in some countries. These are often hereditary monarchies. On the other hand, in constitutional monarchies, in which the authority of the head of state is also bound or restricted by the constitution, a legislature, or unwritten customs, the king or queen is not the only one to decide, and their entourage also exercises power, mainly the prime minister. Absolute monarchy in Europe declined substantially following the French Revolution and World War I, both of which led to the popularization of theories of government based on the notion of popular sovereignty. Absolute monarchies include Brunei, Eswatini, Oman, Saudi Arabia, Vatican City, and the individual emirates composing the United Arab Emirates, which itself is a fe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gold Bar
A gold bar, also called gold bullion or gold ingot, is a quantity of refined metallic gold of any shape that is made by a bar producer meeting standard conditions of manufacture, labeling, and record keeping. Larger gold bars that are produced by pouring the molten metal into molds are called ingots. Smaller bars may be manufactured by minting or stamping from appropriately rolled gold sheets. The standard gold bar held as gold reserves by central banks and traded among bullion dealers is the Good Delivery gold bar. The kilobar, which is in mass, and a 100 troy ounce gold bar are the bars that are more manageable and are used extensively for trading and investment. The premium on these bars when traded is very low over the spot value of the gold, making it ideal for small transfers between banks and traders. Most kilobars are flat, although some investors, particularly in Europe, prefer the brick shape. Types Based upon how they are manufactured, gold bars are categorized as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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