Ahafo North project remains a priority for Newmont in Ghana. Despite the sale, Newmont remains committed to its operations in Ghana, with plans to invest between $950 million and $1 billion in the development of the Ahafo North gold mining project in the Ahafo region. Palmer added that the successful completion of the Akyem sale strengthened ...
It expands Newmont's existing footprint in Ghana with four open pit mines and a standalone mill located about 30 km from the Ahafo South operation. Ahafo North is expected to add between 275,000 and 325,000 ounces of gold per year, with all-in sustaining costs of $800 to $900 per ounce for the first five full years of production.
Company urges Akyem community stakeholders to allow legal process to run its course New Abirem, 16th October, 2018 – Newmont Ghana today reaffirmed its commitment to transparently engaging with local communities to improve lives and collaboratively identifying solutions to mitigate impacts from its operations. The Company has also called on the section …
Director of Communications and External Relations at Newmont, David Johnson, said in an interview that the year 2023 has been a very good one for the company. He said though Newmont picked a number of awards during last year's ceremony, the company missed out on the Mining Company of the year.
In 1929, Newmont became a mining company with its first gold product in by acquiring California's Empire Star Mine. By 1939, Newmont was operating 12 gold mines in North America. ... Newmont Ghana provided a medical support package valued at GH¢220,000.00 to assist with the country's preparations for any potential outbreak of the disease ...
US-based gold giant Newmont has reached an agreement to sell its Akyem mine in Ghana to Chinese mining firm Zijin Mining for up to $1 billion in cash. This sale is part of Newmont's ongoing strategy to divest non-core assets following its …
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 exploration and development focus …
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 19 th Ghana Club 100 Awards organised by the Ghana Investment Promotion Centre (GIPC). These recognitions ...
Australian miner Perseus Mining will be interested in acquiring the Akyem mine, in Ghana, chairperson and CEO Jeff Quartermaine said on Friday. This follows Newmont's announcement on Thursday of ...
In 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 …
Commercial production at Ahafo began in 2006. Ahafo has two primary ore zones: Ahafo South and Ahafo North. Mining is currently underway at Ahafo South. In November 2018, Subika, a new underground mine which was completed on schedule and within budget, achieved commercial production, adding higher-grade, lower cost gold production at Ahafo ...
Newmont Ghana Gold Limited- Ahafo Mine, has been adjudged as the Mining Company of the Year 2015. The company beat off stiff competition from ten other mining companies to win the coveted prize at the 2 nd edition of the Ghana Mining Industry Awards (GMIA) held in Accra on 25 th November, 2016. A former CEO and President of the Ghana …
Newmont Africa on Friday (1 December) emerged as the mining company of the year at the 9th Ghana Mining Industry Awards (GMIA) organised by the Ghana Chamber of Mines in Accra.
Newmont Africa (Ahafo South Mine) has been adjudged the best company in Ghana at the 21st edition of the Ghana Club 100 Awards organized by the Ghana Investment Promotion Center on Friday (25 October) in Accra.The mining firm topped a ranking of the best companies in Ghana, beating competition from Goldfields Ghana Ltd and MTN Ghana, that …
The company is expected to raise up to $4.3bn in gross proceeds from divestitures, including $3.8bn from the sale of non-core assets and an additional $527m from other …
Newmont Africa's Ahafo South Mine has once again been crowned the top company in Ghana at the 21st Ghana Club 100 Awards, organized by the Ghana Investment. About Us; ... This consecutive win underscores Newmont's leadership in Ghana's corporate and mining sectors. The Ghana Club 100 Awards, established in 1998, celebrate excellence in ...
Newmont's reputation as a responsible mining business in Ghana is well documented, as the mine emphasises safe production, operational excellence, sustainable practices and values-driven stakeholder management. ... As the world's leading gold mining company, Newmont Corporation's commitment to environmental stewardship, community ...
Newmont's Ahafo South operation in Ghana has maintained its position as Ghana's Best Company and the country's leading extractive business. The accolade was presented to Newmont at the 21st edition of the Ghana Club 100, held on Friday, 25th October 2024, at the Palms Convention Centre in Accra. The Ghana Club 100 ranking recognises the …
Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) announced plans to extend profitable production at its Ahafo operations by building a new underground mine and expanding plant capacity by more than 50 percent. The Subika Underground mine is expected to produce 1.8 million ounces of gold over an 11-year mine life, …
NEWMONT GHANA LIMITED. Newmont is the world's leading gold company and producer of copper, silver, zinc and lead. In ghana they mine gold in the brong ahafo region (Newmont Gold Mines) specifically in the Birim North District. For more information about Newmont ghana download the document below. DOWNLOAD HERE . PERSEUS MINING …
Newmont's Ahafo mine is located along the Sefwi Volcanic Belt, a northeast-southwest trending volcanic belt in Ghana. The mine is in the Ahafo region, approximately 307 Kilometers …
China's Zijin Mining Group will buy the Akyem gold mine project in Ghana from US-based Newmont Corp for $1 billion, the companies said on Wednesday.
Newmont began working in Ghana with the acquisition of Normandy Mining in 2002. Production commenced in 2006 at our Ahafo mine and at our Akyem mine in 2013. We …
Accra, February 22, 2013 - Adjudged as the "Most Outstanding Corporate Income Tax payer" for 2011 by the Ghana Revenue Authority (GRA), Newmont Ghana Gold Limited, a subsidiary of Newmont Mining Corporation has once again fulfilled its obligation to the Government of Ghana by paying an amount of US$180,568,902.06 (GH¢330,531,037.70) as tax for the financial year …
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 ...
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 …
For the fifth in International Mining magazine's six-part 'Great Mines' series of articles profiling the mining giant's key world regions, John Chadwick reports on exploration …
The Colorado-based mining company reached gender parity on the board for the first time in 2020 when two women joined and a Black director from Ghana departed, said Nancy Lipson, Newmont's ...
Ahafo recently celebrated 10 years of its first gold pour and production of its 5 millionth ounce of gold in October this year. The company was also ranked the Best Safe mine for the year 2016 by the inspectorate division of the Ghana Chamber of Mines a few weeks ago. ... Newmont Ghana's mother company, Newmont Mining Corporation was for the ...
Newmont's Ahafo mine was adjudged second-best company in Ghana, while the Akyem mine ranked ninth on the Ghana Investment Promotion Centre's Ghana Club100 listings. Accra, 25th October 2022 ...
Newmont Africa (Ahafo South Mine) has been honoured as Ghana's top company at the 21st Ghana Club 100 Awards, hosted by the Ghana Investment Promotion Center (GIPC) on October 25 in Accra.
China's Zijin Mining Group will buy the Akyem gold mine project in Ghana from US-based Newmont Corp for $1 billion, the companies said on Wednesday.
With more than 95 years of history in the mining industry, Newmont is one of the world's largest gold producers. Through responsible mining, we believe we can create a stronger business and value for all our stakeholders. Newmont's Ahafo mine is located along the Sefwi Volcanic Belt, a northeast-southwest trending volcanic belt in western Ghana.
Newmont Ghana remains committed to providing fair and just compensation to eligible individuals projected to require relocation 01/16/2020 Kenyasi - January 16, 2020 - Newmont Ghana's Ahafo mine has reiterated its commitment to sustainable and responsible mining and says it will continue to carry out mitigation efforts in compliance with the legal and …
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.
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 exploration and development focus …