Obuasi mine: days of encroachment ended – Akufo-Addo declares



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President Addo Dankwa Akufo-Addo said illegal miners encroach on the land will not be tolerated anymore.

The president gave badurances by reopening Tuesday the defunct Anglogold Ashanti Mining company in Obuasi.

Addressing a rally at the reopening of the mine, the president said the rule of law was working in Ghana and badured AngloGold Ashanti that he can "expect a safe and secure mining environment" devoid of Galamsey activities.

One of the major concerns of the people of Obuasi is the poor nature of the road and the way the hundreds of millions of dollars generated by the mining activities have not been directly beneficial to them.

Responding to this concern, the Chair stated that the situation was regrettable and AngloGold Ashanti will be interested in the suburbs of Obuasi and will make it a World clbad mining community.

The Minister of Lands and Natural Resources, Asumah Kyeremeh, urged the residents of Obuasi to be cautiously optimistic, as the expected profits from mining activity might not materialize from the day on the next day.

Like the president, the minister also called on residents of the city to support the success of the mine.

The president in the runup at the election promised to reopen AngloGold Ashanti must create jobs and reorganize the local economy, a promise he made on Tuesday.

The government has injected some $ 881 million into society. Some $ 1.6 billion is expected to be injected into society as part of measures to revive the once-extinct mining company.

S & # 39; addressing to the managers of AngloGold Ashanti, Otumfuo Osei Tutu II and the people of Obuasi, President Akufo-Addo gave the greatest badurance as to the sustenance of the activities of the mine.

"The series of events that led to the closure of this company will not happen again under the supervision of this government," said the president.

The government is expected to generate revenues of about 2.16 billion dollars twenty two period of the mining company in royalties and withholding.

The first phase of the reconstruction project is expected to last twenty-two years and the first gold medal by the end of 2019.

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