AngloGold Ashanti seeks World Bank support on mine invasion

The latest move by AGA follows invasion of the Obuasi mine by illegal miners (also know as galamsey operators).

The latest move by AGA follows an invasion of the obuasi mines by illegal miners (also know as galamsey operators).

"The company hopes the intervention of will help bring an end to the unchecked ransacking of the mine's ore body  and vandalism of critical mime infrastructure," the mining giant said in a statement.

The statement added that a ruling would be expected soon after the Tribunal is constituted, which is anticipated later this year.

According to the statement, AGA was continuing to seek engagement with the government at a local and national level, but these talks have failed to yield any meaningful sustained intervention by the authorities.

The mining giant said the "inexplicable" lack of support from government to flush out the galamsey operators "has embolden" them to "intensify their activities in increasingly dangerous condiotions."

In addition, the statement said the actions of the galamseyers are "causing significant damage to the general environment, jeopardising the mine's future viability and compromising the rights of the community and investors alike."

AGA said it's hopeful the commencement of the of ICSID proceedings and Request for Provisional Measures will expedite the reinstatement of law and order at the mine.

"Only once there is clear evidence of restoration of law and order, can the company obtain sole use of the site and commence the process of fully assessing the condition of the site," the statement said.


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