Newmont to sell Ghana gold project to Zijin Mining in $1B deal

Newmont (NYSE: NEM) said Tuesday it agreed to sell its Akyem gold mine project in Ghana to China's Zijin Mining (OTCPK:ZIJMF) (OTCPK:ZIJMY) for up to $1B …

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Newmont to sell Akyem operation to Zijin Mining for $1bn

Newmont Corporation has announced that it will sell its Akyem operations to Zijin Mining Group Co., Ltd. under a definitive agreement for cash consideration of up to $1 billion. The sale is part of Newmont's ongoing program to divest non-core assets as the Company makes a strategic shift to focus on its Tier 1 assets. […]

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Average Newmont Mining Corporation Salary in Ghana in …

The average salary for Newmont Mining Corporation employees in Ghana is GH₵ 180,000,000 in 2024. Visit PayScale to research Newmont Mining Corporation salaries, bonuses, reviews, benefits, and more!

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Newmont Corporation

As the world's leading gold company, Newmont's strategy is to create value for all shareholders and stakeholders through efforts to: Deliver superior operational execution by ensuring fatality risks are managed at …

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Zijin & Barrick Expand Gold Interests in Ghana & DRC

China's multinational mining company Zijin Mining Group is to purchase the Akyem gold mine in Ghana from Newmont Corporation for US$1bn. US-based gold producer Newmont announced the sale as part of its asset optimisation strategy. The deal involves Zijin's subsidiary, Gold Source International, acquiring a Newmont subsidiary …

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Newmont is leading mining company in Ghana – Ghana …

Newmont, this year, stood out as the most outstanding mining company on this year's Ghana Club 100 listings. Newmont's Ahafo mine was adjudged second-best company in Ghana, with the Akyem mine ranking as ninth best company at the 19th Ghana Club 100 Awards organised by the Ghana Investment Promotion Centre (GIPC).

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Newmont Sells Ghana's Akyem Mine to Zijin Mining for $1 …

Newmont sells Akyem mine in Ghana to Zijin Mining for $1 billion, while maintaining focus on its Ahafo North project ... Last month, the Denver-based company agreed to sell two Australian assets for up to $475 million. Other assets up for sale include the Éléonore, Musselwhite, and Porcupine mines, as well as the Coffee project in …

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Newmont's Subika underground in Ghana starts commercial production

Newmont Mining's (NYSE: NEM) Ahafo mine in western Ghana started producing gold from an open pit in 2006 and now the underground portion of the mine has launched commercial production on ...

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Newmont Announces Divestment of Akyem in Ghana for up …

Newmont Corporation NEM recently announced that it has reached a definitive agreement to sell its Akyem operation in Ghana to Zijin Mining Group Co., Ltd. for up to $1 billion in cash. The sale is ...

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Newmont Divests Akyem Gold Mine to Zijin Mining in US$1 …

Newmont (TSX:NGT,NYSE:NEM) has entered into a definitive agreement to sell its Akyem gold mining operation in Ghana to Zijin Mining Group (OTC Pink:ZIJMF,SHA:601899) for up to US$1 billion.The ...

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Newmont selling Akyem gold mine in Ghana to China's Zijin Mining

Newmont says it will sell its Akyem operation in the Republic of Ghana to China's Zijin Mining Group under a definitive agreement, for cash consideration of up to $1 billion. The sale is part of Newmont's ongoing program to divest non-core assets as the company makes a strategic shift to focus on its Tier 1 assets.

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Newmont To Sell Akyem Operation In Ghana To Zijin Mining …

(RTTNews) - Newmont Corp. (NEM, NGT.TO, NEM.AX) announced it will sell its Akyem operation in the Republic of Ghana to Zijin Mining Group Co., Ltd for cash consideration of up to $1 billion.

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Zijin Mining buys Newmont's Ghana gold project for $1 billion

Image: Newmont Mining. Zijin Mining Group Co. has bought the Akyem gold project in Ghana for as much as $1 billion in cash as the state-owned firm looks to add …

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Newmont Corporation

About Newmont. Newmont is the world's leading gold company and a producer of copper, silver, zinc and lead. The Company's world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea.

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Akyem Mine

The Akyem Mine, located in the Birim North district of the Eastern region of Ghana, was conceived through exploration activities by Normandy Mining in the mid-1990s. With Newmont acquiring ...

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Newmont's Akyem gold mine in Ghana draws Chinese interest

Newmont Corp. has kicked off the sale of its Akyem gold mine in Ghana, which is attracting interest from potential bidders including Chinese producers amid soaring prices for the metal, people ...

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China's Zijin Buys Ghana Gold Mine From Newmont for $1 …

Melted ore is poured out for testing at the Newmont Mining Corp. gold quarry mine located on the Carlin Trend west of Elko, Nevada. The biggest gold companies …

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Chinese firm buys Newmont's Akyem Mine for $1.0bn

Chinese firm Zijin Mining Group Co. has bought Newmont's Akyem gold project in Ghana for a $1 billion in cash. The purchase from the US-based corporation will allow China's largest listed ...

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China's Zijin Mining to buy Newmont's Ghana gold project …

Oct 9 (Reuters) - China's Zijin Mining Group, opens new tab will buy the Akyem Gold Mine Project in Ghana from U.S.-based Newmont Corp, opens new tab for $1 billion, the companies said on Wednesday.

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Projects | Newmont Corporation – Operations & Projects

Mining ceased when it became uneconomic to continue and Midnite mine's shareholders liquidated the company, leaving Newmont as the sole owner of Dawn Mining Company. Newmont collaborated with the Environmental Protection Agency (EPA) to align on a Remedial Action Plan; remediation activities commenced in 2016 and will continue …

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Newmont to Sell Ghana Gold Mine Project for US$1.0 Billion

Newmont has agreed to sell a gold mine in Ghana to a Chinese miner for $1.0 billion, the latest divestiture by the gold-and-copper mining company as it exits non-core assets. Zijin Mining Group ...

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Newmont Mining Corporation: The growth of mining in Ghana

With a mature gold mine in Ahafo and a much younger mine in Akyem, Newmont ranks as Ghana's largest gold producer, responsible for 29 percent of the country's annual gold production as at 2015. ... beyond simply the employees working at Newmont in Ghana to the people who live within the communities in which the …

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Chinese group buys Newmont Ghana mine for $1bn

Despite 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 ...

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Newmont to sell Ghana gold project to Zijin Mining in $1B …

Newmont (NYSE:NEM) said Tuesday it agreed to sell its Akyem gold mine project in Ghana to China's Zijin Mining (OTCPK:ZIJMF) (OTCPK:ZIJMY) for up to $1B in cash, part of the U.S. company's plan to ...

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Africa | Newmont Corporation – Operations

Ghana Akyem. Newmont obtained the mining lease for Akyem in 2010 and began commercial production in 2013. In 2017, the Ghana Investment Promotions Center (GIPC) named Akyem the best company in Ghana …

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Newmont Offloads Akyem Gold Mining Project for $1B

American gold mining company, Newmont Corporation (NEM) has agreed to sell its Akyem Gold Mine project in Ghana to China-based Zijin Mining Group (HK:2899) (ZIJMF) for $1 billion cash. Akyem is ...

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Newmont to sell Akyem operation to Zijin Mining for $1bn

Newmont Corporation has announced that it will sell its Akyem operations to Zijin Mining Group Co., Ltd. under a definitive agreement for cash consideration of up to $1 billion. The sale is part of Newmont's ongoing program to divest non-core assets as the Company makes a strategic shift to focus on its Tier 1 assets.

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Ahafo – Africa | Newmont Corporation – …

Ahafo South: Ghana's Largest Gold Mine. Over 8 Moz produced to date. Development of Ahafo North mine will raise combined production to approximately 850 Koz of gold per year. Long-term district strategy to …

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Newmont Mining Corporation Recruitment 2024

Newmont Mining Corporation is a leading global gold producer with key assets in Nevada, Peru, Australia, Ghana and Suriname. Newmont's Africa Operations holds two gold mining operations in Ghana: the Ahafo Mine located in the Brong-Ahafo region and the Akyem Mine located in the Eastern region. There is also near mine …

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IMANI Africa questions controversial sale of Newmont Akyem mine …

Business News of Wednesday, 9 October 2024. Source: IMANI Africa questions controversial sale of Newmont Akyem mine to Chinese company

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Newmont Corporation

Peter Wexler joined Newmont in March 2024 leading the company's legal, ... (OMH), an integrated manganese and ferro-silicon company with global mining, smelting, and trading operations. He is noteworthy for strengthening OMH's operational and financial performance. Toth began his career with BHP in 1994, where, over the course of 15 …

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Subsidiaries of Newmont Mining Corporation

Newmont Mining Corporation : Delaware, USA : Dafrico (Overseas) Ltd : Cyprus : 100 ... 17 % Euronimba Ltd : Jersey : 43.5 % Societe des Mines de Fer de Guinee : Guinea : 95 % Newmont Ghana Gold Limited : Ghana : 100 % Newmont Golden Ridge Limited : Ghana : 100 % Societe Miniere de Sabodala ... Idarado Mining Company : Delaware, USA : …

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Newmont Ghana Gold Ltd.

Newmont Ghana Gold Ltd. is a major gold mining company focused on responsible mining practices and community development in Ghana. ... The accuracy of the company profile for Newmont Ghana Gold Ltd. is validated by the company owner, representative, or directory administrator. Last update on 4 Dec, 2023 Registered with us on 11 Nov, 2011.

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China's Zijin Mining to buy Newmont's Ghana gold project …

(Reuters) -China's Zijin Mining Group will buy the Akyem Gold Mine Project in Ghana from U.S.-based Newmont Corp for $1 billion, the companies said on Wednesday. The sale is a part of Newmont's ...

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China's Zijin buys Ghana gold mine from Newmont for $1 …

Chinas Zijin Mining Group (601899.SS), opens new tab will buy the Akyem Gold Mine Project in Ghana from U.S. based Newmont Corp (NEM.N), opens new tab for $1 billion, the companies said on Wednesday.

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Newmont Announces Definitive Agreement to Divest Akyem …

Newmont remains committed to Ghana including the investment of $950 million to $1,050 million of development capital in the Ahafo North gold mining project in …

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Newmont selling Ghana mine to China-based Zijin Mining

Newmont Corp. plans to sell its Akyem operation in the Republic of Ghana to Zijin Mining Group Co. Ltd. for up to $1 billion cash as part of the company's plan to divest smaller assets to focus ...

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Company Newmont Corporation

Newmont Corporation: Company profile, business summary, shareholders, managers, financial ratings, industry, sector and market information | Nyse: NEM | Nyse. ... Newmont Corporation is one of the world's leading gold mine exploration and operation companies. Net sales break down by family of products as follows: - gold …

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