In a major deal set to reshape the mining landscape in Ghana, China's Zijin Mining Group is acquiring the Akyem gold mine from US-based Newmont Corporation in a $1 billion transaction. ... emphasized that the sale aligns with the company's strategy to return capital to shareholders while continuing to benefit local communities.
WhatsApp: +86 18221755073Newmont Corporation, a titan in the gold mining industry, has initiated the sale of its Akyem gold mine located in Ghana, a move that has piqued the interest of several Chinese mining companies. This development …
WhatsApp: +86 18221755073The sale is a part of Newmont's ongoing program to divest non-core assets as the company makes a strategic shift to focus on its tier one assets, the US gold producer said.
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WhatsApp: +86 18221755073Bloomberg is reporting that Newmont Corp., the world's top gold producer, is seeking to sell six mines and two projects in a set of divestitures aimed at generating $2 billion in cash. The six, includes its Akyem mines in …
WhatsApp: +86 18221755073Tom Palmer, President and CEO of Newmont, said the sale aligns with the company's strategy of returning capital to shareholders while ensuring long-term benefits for the local community. He also highlighted Newmont's continued investment in the country, including the Ahafo North project, where the company is set to invest up to $1.05bn.
WhatsApp: +86 18221755073Zijin Mining has announced the acquisition of the Akyem Gold Mine in Ghana from Newmont in a $1bn (7.08bn yuan) deal. The Akyem mine, one of Ghana's largest gold operations, has been producing gold since …
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WhatsApp: +86 18221755073Despite the sale, Newmont remains committed to its operations in Ghana, with plans to invest between $950-million and $1.0-billion in the development of the Ahafo North gold mining project in the Ahafo region. ... "Imagine a future where small-scale miners become well-run junior mining companies, listed on the Ghana Stock Exchange, and ...
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WhatsApp: +86 18221755073Despite this sale, Newmont remains committed to its operations in Ghana, with plans to invest between $950 million and $1 billion in developing the Ahafo North gold mining project in the Ahafo region. Palmer emphasized that the successful completion of the Akyem sale bolsters Newmont's confidence in Ghana as a favorable mining jurisdiction.
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WhatsApp: +86 18221755073In a deal that has set tongues waging in the mining community, Newmont Company's decision to sell its Akyem Gold Mine in Ghana to China's Zijin Mining Group for $1.0 billion has sparked waves of concern. As the dust settles on the announcement, indus ... industry insiders and stakeholders are left questioning the implications of such a sale ...
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