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Sterling already owns a smaller mine, known as the Troy Mine, in a neighboring county.
But farmers and residents of the coastal hamlet of Pine Point, immediately south of the lease area, are anxious about the direction the smaller mine could take.
AGA's antecedent, AGC had operations spanning more than a century in Obuasi, and currently operates a second smaller mine at Iduapeiem in the Western Region of Ghana (AGA, 2007).
Just now people are starting to return to that area, but even then we were just told that another smaller mine up the mountain is leaking tailings into the lake as we speak".
Similar(53)
They live in Paramaribo, but are spending Cedric's spring break running a small-scale mine.
Some investors financed smaller mines.
The Chinese government, meanwhile, is shutting down smaller mines.
But smaller mining firms contemplating risky investments may take a different view.
The government has also consolidated the industry, closing smaller mines and seeking to create stronger, more efficient enterprises.
Glencore has bought smaller mining companies; Xstrata's skill lies in wringing more out of mines more cheaply by rejigging operations and financing.
If commodity prices stay low and banks start lending again then smaller mining companies will represent great bargains for firms with a healthy balance sheet such as BHP.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com