Metso Signs Multi-Year Service Agreement With AngloGold Ashanti
21 April 2009
Metso has signed a multi-year service agreement with the AngloGold Ashanti Iduapriem mine in Tarkwa, Ghana. The contract includes the supply of maintenance management services and spare and wear parts for AngloGold Ashanti’s new crushing and screening plant delivered by Metso. The agreement was signed in the second quarter of 2009 and its value exceeds €5 million.
In addition to maintenance management and technical support, Metso will supply hands-on training for staff at the Iduapriem mine. Backed up by the company’s global service functions, an on-site team of six Metso service technicians will support operations at the crushing and screening plant, which has an annual output of 4.3 million tons. Metso is also committed to converting the agreement into a cost per ton-based service over time.
AngloGold Ashanti is the world’s third-largest gold producer and is listed on the Johannesburg Stock Exchange (ANG). In addition to Iduapriem the company operates five other mines in western Africa. In 2008 gold production at the Iduapriem Mine totalled 200,000oz.
Metso has cooperated closely with AngloGold Ashanti in Ghana for 10 years. Seth Quaye, regional manager of western Africa mining business line for Metso, said: "This agreement is a vindication of our strategy of expanding the range of services we offer in this region. It will leverage new services business by serving as a reference for our capabilities as a total solution provider."
