AngloGold Ashanti has expressed grave concerns over looting of large quantities of high-grade gold at its Obuasi mine by illegal miners.

The Obuasi mine has been idle since 2014 after the company laid off thousands of workers.

Illegal miners in February encroached the north end of the AngloGold's mining concession which led to a scuffle leading to the dead of the company's communications director.

"Illegal miners have been looting large quantities of high-grade gold bearing material for more than two months." Eric Asubonteng, general manager of AngloGold Ghana Ltd, told a news conference.

According to him, not only are they looting, they are also causing "significant damage to critical infrastructure" in the process.

Meanwhile, the Chief Executive Officer of the Ghana Chamber of Mines Mr. Sulemanu Koney has blamed the inaction of security agencies for the increase in illegal mining activities on the concessions of AngloGold Ashanti, Oware Mines and Peresus Mines.

“Companies such as Owere Mines , AngloGold Ashanti-Obuasi (AGA) Mine and Peresus Mines in Ayanfuri in recent months have seen an escalation of activities of illegal miners on their concessions”, he said in an interview with Citi FM.“We believe that the inaction at Obuasi has indirectly contributed to the invasion of the Owere Mines and nobody knows which company will be next”, he added.