This is the article on the mining company. For the football club of the same name see Ashanti Gold SC

Ashanti Gold SC

Ashanti Gold Sporting Club is a football team based it the gold mining town of Obuasi, south of Kumasi, in the Ashanti region of Ghana.-Founding years:...

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The Ashanti Goldfields Corporation is a gold mining company based in Ghana

Ghana

Ghana , officially the Republic of Ghana, is a country located in West Africa. It is bordered by Côte d'Ivoire to the west, Burkina Faso to the north, Togo to the east, and the Gulf of Guinea to the south...

 that was founded by Edwin Cade. The Ashanti Mine, located at Obuasi

Obuasi

Obuasi is a city in southern Ghana, lying south of Kumasi. It has a population of 115,564 On the railway line from Kumasi to Sekondi, it is known for its gold mine, now one of the ten largest in the world, gold having been mined on the site since at least the seventeenth century. Tourists can...

, 56 km south of Kumasi

Kumasi

Kumasi is a city in southern central Ghana's Ashanti region. It is located near Lake Bosomtwe, in the Rain Forest Region about northwest of Accra. Kumasi is approximately north of the Equator and north of the Gulf of Guinea...

, has been producing since 1897. The mine is sited on one of the world's major gold deposits and is one of the ten largest in the world.

In 1994, the Ghana government, the majority shareholder, announced plans to sell 20-25 percent of its interest in AGC in a share flotation.