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The Iduapriem Gold Mine (french: Mine d'or d'Iduapriem) is an open-pit gold mine situated 10 km south of Tarkwa, in the Western Region of Ghana. The mine is owned by AngloGold Ashanti and consists of the Iduapriem and the Teberebie operation, which were merged in 2000.Annual Report 2009
AngloGold Ashanti website, accessed: 9 August 2010 AngloGold Ashanti originally only owned 85% of the mine but acquired the remaining 15% in September 2007.Country report: Ghana - Iduapriem
AngloGold Ashanti website, accessed: 10 August 2010 In 2008, AngloGold Ashanti's Ghana operations, consisting of Iduapriem and the Obuasi Gold Mine, contributed 11% to the company's annual production. Both mines became part of AngloGold Ashanti when AngloGold merged with the
EPA orders Iduapriem Mine to stop using tailings storage facility
ghanaweb.com, accessed: 10 August 2010
Production figures of the recent past were:
* The 2004 results are for the eight month from May to December only.
AngloGold Ashanti website
''Secretariat of the African, Caribbean and Pacific Group of States website'' {{AngloGold Ashanti Gold mines in Ghana Surface mines in Ghana AngloGold Ashanti Western Region (Ghana)
AngloGold Ashanti website, accessed: 9 August 2010 AngloGold Ashanti originally only owned 85% of the mine but acquired the remaining 15% in September 2007.Country report: Ghana - Iduapriem
AngloGold Ashanti website, accessed: 10 August 2010 In 2008, AngloGold Ashanti's Ghana operations, consisting of Iduapriem and the Obuasi Gold Mine, contributed 11% to the company's annual production. Both mines became part of AngloGold Ashanti when AngloGold merged with the
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. Dur ...
in 2004.
In 2009, the mine employed 1,447 people. The mine has been fatality-free since 1999.
Environmental impact
The mine and its owners have been criticised in the past for the loss of land for local farmers, the pollution and drying-up of local rivers and watersources and the lack of action to combat these issues. Mining at Iduapriem was suspended for a time in early 2010 to allow for the construction of a temporary tailings storage facility at the mine. The operators were told by theEnvironmental Protection Agency of Ghana
A biophysical environment is a biotic and abiotic surrounding of an organism or population, and consequently includes the factors that have an influence in their survival, development, and evolution. A biophysical environment can vary in scale f ...
to suspend operations over "potentially adverse environmental impacts arising from the current tailings storage facility".ghanaweb.com, accessed: 10 August 2010
Mine ownership
Majority-owned by the Ashanti Goldfields Corporation from 2000 onwards, ownership of this 85% share of the operation was transferred to AngloGold Ashanti with the merger of Ashanti and AngloGold in 2004. The new company owned an 80% share of Iduapriem, with the remaining 20% held by the International Finance Corporation, and a 90% share of Teberebie, with theGovernment of Ghana
The Government of Ghana was created as a parliamentary democracy, followed by alternating military and civilian governments in Ghana. In January 1993, military government gave way to the Fourth Republic after presidential and parliamentary electi ...
holding the remainder. Combined, this accumulated to an 85% share for AngloGold Ashanti in the whole operation. In September 2007, the company acquired the remaining 15% as well.
Production
Production figures of the recent past were:
* The 2004 results are for the eight month from May to December only.
See also
* Geology of GhanaReferences
External links
AngloGold Ashanti website
''Secretariat of the African, Caribbean and Pacific Group of States website'' {{AngloGold Ashanti Gold mines in Ghana Surface mines in Ghana AngloGold Ashanti Western Region (Ghana)