The mine is owned by AngloGold Ashanti and consists of the Iduapriem and the Teberebie operation, which were merged in 2000.
[1][2] AngloGold Ashanti originally only owned 85% of the mine but acquired the remaining 15% in September 2007.
[3] In 2008, AngloGold Ashanti's Ghana operations, consisting of Iduapriem and the Obuasi Gold Mine, contributed 11% to the company's annual production.
[3] The mine and its owners have been criticised in the past for the loss of land for local farmers, the pollution and drying-up of local rivers and watersources and the lack of action to combat these issues.
[6] The operators were told by the Environmental Protection Agency of Ghana to suspend operations over "potentially adverse environmental impacts arising from the current tailings storage facility".