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General News on Thursday, January 24, 2019
Source: adomonline.com
2019-01-24
Former Member of Parliament for Akwatia Constituency in East Region, Baba Jamal
Baba Jamal, a former member of the Akwatia constituency in the East region, said that the administration headed by Akufo-Addo should not be praised for the revival of the AngloGold Ashanti mining company , which never collapsed.
AngloGold Ashanti suspended its activities at the Obuasi underground mine in 2014 due to a significant drop in the price of gold and a prolonged period of losses, but President Nana Addo Dankwa Akufo-Addo has reopened the Obuasi mine during a colorful engagement ceremony and promised to end the illegal miners' encroachment on the concession.
Baba Jamal said that the closure of the company was decided by the company because it did not make any profit. The NDC government should not be held responsible for the collapse that was committed by the NPP communicators.
"It's a good thing that the company came back in the days of President Akufo-Addo, but AngloGold as a private company decided to continue maintenance and maintenance for 24 months. They decided to seek funds to repair the company. It was therefore rather a hibernation period. They were not forced to close their doors and that is why the Mahama government did not provide these funds ".
Baba Jamal highlights what company CEO Eric Asubonteng told the PM Express news program on MultiTV.
Mr. Asubonteng explained that the four-year closure was important to give AngloGold Ashanti a clear idea of how to repair the troubled mine of the time.
"We had come to the point where we could not fix the fleeing mine and the example I always take is to try to repair the steering wheel of a vehicle when it is in motion . "
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