afrol News, 24 March - The African gold mining giants, AngloGold Ashanti Ltd, has re-opened its mine in Guinea today after talks with the West African nation’s military ruler, Moussa Dadis Camara yesterday.

The mining company was ordered to shut down its operations by President Camara after the company’s director failed to attend the meeting of mine executives aimed at resolving the mining crisis in the country.

"We had a constructive meeting with the President on Monday night and he said we could re-open the mine," AngloGold's spokeswoman told local news reporters.

The government decision had come as the company projected a boost in the Siguiri production. According to the company's statement the output climbed to a record 333,000 ounces last year and is projected to increase to 600,000 ounces after 2012.

The Chief Executive Officer Mark Cutifani yesterday put the production loss at about 2,500 ounces. The Guinean government owns 15 percent stake in the AngloGold mining.

Mr Camara led a faction of Guinea’s military that seized power on 23 December, a day after the death of President Lansana Conte, who ruled the West African country for more than two decades.

By staff writer

© afrol News

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