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Newmont Announces Definitive Agreement to Divest Akyem for …

DENVER-- (BUSINESS WIRE)-- Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) ("Newmont" or the "Company") has announced today it will sell its …

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Zijin Mining Group to buy Akyem Gold Mine Project

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 the Ahafo region of Ghana. Newmont obtained the mining lease for Akyem in …

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Zijin to buy Newmont's Akyem Gold Mine in Ghana for …

Zijin 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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Reject flawed Newmont-Zijin deal; sell Akyem Mine to local …

The Institute for Economic Affairs (IEA) says the planned sale by US-based Newmont Company of its Akyem Gold Mine Project in Ghana to China's Zijin Mining Group for US$1.0 billion is "flawed in several respects, inimical to Ghana's interest and unacceptable." In a statement, the IEA notes that the project lease was signed between the Ghana Government …

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Zijin Mining Acquires Akyem Gold Mine in Ghana

Zijin Mining will buy ownership of the Akyem Gold Mine, one of Ghana's largest gold mines, for USD 1 billion. The acquisition marks Zijin Mining's seventh gold mine acquisition since 2020, aiming to boost its production.

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Newmont Announces Definitive Agreement to Divest Akyem for …

Newmont Corporation has announced today it will sell its Akyem operation in the Republic of Ghana to Zijin Mining Group Co., Ltd. under a definitive agreement, for cash consideration of up to $1 ...

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Ghana: Top Five Gold Mines by Production

Akyem Project. Newmont's Akyem Mine, located in Ghana's Eastern Region, has been operational since 2013, producing an average of 422,000 ounces per year. Expansion projects, including Akyem Underground and Akyem Layback, are set to extend its operational life beyond 2030. As a major contributor to Newmont's growth in Africa, Akyem remains ...

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Operations & Projects

The Akyem mine operates within 10 host communities in the Birim North District of Ghana's Eastern Region namely: Adausena, Yaw Tano, Old Abirem, New Abirem, Hweakwae, Tano, Afosu, Mamanso, Ntronang and Yayaaso. ... More than 50 infrastructure projects, including schools, roads, clinics and water projects have been constructed and handed over ...

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Perseus expresses interest in Newmont's Ghana mine …

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 ...

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Zijin Mining Group to buy Akyem Gold Mine Project

China's Zijin Mining Group is set buy the Akyem Gold Mine Project in Ghana from Newmont Corp. for $1 billion. The sale is a part of Newmont's ongoing programme to divest non-core assets as the company makes a …

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China's Zijin to buy Akyem for $1bn

CHINA'S Zijin Mining Group is to buy the Akyem Gold Mine Project in Ghana from US miner Newmont Corp. for $1bn, said Reuters citing an announcement from the companies on Wednesday.. The sale is a part of Newmont's ongoing programme to divest non-core assets as the company makes a strategic shift to focus on its tier one assets, said Reuters.

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Major Mines & Projects | Akyem Mine

The Target Company owns of the Akyem Gold Mine project in Ghana. Contractors - subscription is required. Source. Deposit type. Orogenic; Vein / narrow vein; Summary: The Akyem mine is an orogenic gold deposit that has oxide and primary mineralization. The ore deposit extends over 2.5 kilometres long, and is localised along a southeast ...

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4.0 ASSESSMENT OF IMPACTS

Akyem Gold Mining Project November 2008 FINAL EIS . Assessment of Impacts 4-2 A detailed accounting of the Scoping Meeting and the various stakeholder consultations made by the Company (as well as outcomes) is included in Section 9.0 (Consultations).

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

Newmont sells Akyem mine in Ghana to Zijin Mining for $1 billion, while maintaining focus on its Ahafo North project ... 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 Newmont's ...

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Newmont to Sell Ghana Gold Mine Project for $1.0 Billion

Zijin Mining Group 601899 0.88 % increase; green up pointing triangle will buy Newmont's equity interest in the Akyem Gold Mine Project in Ghana, the Hong Kong-listed miner said Wednesday.

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Another golden opportunity lost – Newmont's Akyem Mine sale …

One of the major projects set for sale is the Akyem mine in Abirem, Ghana, with the sale timeline slated for completion by Q1 2025. Recently, reports have indicated that the Akyem mine sale is in ...

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Newmont Sells Akyem Mine in Ghana to Zijin Mining for Up to $1 …

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. Skip to content. Wednesday, February 19, 2025. ... with plans to invest between $950 million and $1 billion in developing the Ahafo North gold mining project in the Ahafo region.

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Akyem Project

The Akyem Project is a gold mine in Ghana. It is currently in operation. Empower your strategies with our Akyem Project report and make more profitable business decisions. Note: This is an on-demand report that will be delivered upon request. The report will be delivered within 2 to 3 business days of the purchase, excluding weekends and holidays.

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10.0 CONCLUSION

operated the Ahafo Mine in the Brong Ahafo Region, a mine similar to that proposed at Akyem, since 2006. The Company believes its record at Ahafo is reflective of how it intends to operate the Akyem Gold Mining Project and provides a sound basis for stakeholders to judge its actions with respect to conduct and accountability.

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Chinese group buys Newmont Ghana mine for $1bn

US-based gold major Newmont has agreed to sell its Akyem mine, in Ghana, to Chinese mining giant Zijin Mining for up to $1-billion in cash. The sale forms part of the miner's ongoing strategy to ...

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Newmont Announces Definitive Agreement to Divest Akyem for …

DENVER--(BUSINESS WIRE)--Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) ("Newmont" or the "Company") has announced today it will sell its Akyem operation in the Republic of ...

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Announcement in relation to Acquisition of the Akyem Gold …

of the Akyem Gold Mine project in Ghana (the "Akyem Gold Mine"). The Transaction was considered and unanimously approved at the fourteenth extraordinary meeting in 2024 of the eighth term of the board of directors of the Company. The T ransaction does not constitute a connected transaction or a material asset restructuring.

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Akyem Mine

The mine's tyre retreading project, being implemented in partnership with Kaltire, promotes the reuse of tyres, and saves an average of sixty tons CO2eq annually. ... The Akyem mine's life of ...

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Zijin Mining to Acquire Akyem Gold Mine in Ghana for US$1 Billion

China's Zijin Mining Group has agreed to purchase the Akyem gold mine project in Ghana from US-based Newmont Corporation for $1 billion, furthering its expansion into Africa's gold mining sector. The acquisition is part of Newmont's strategic decision to divest its non-core assets, allowing it to focus on its tier one operations.

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Akyem Mine – Past, Present, and Future

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 ... (kWp), providing energy support for camp accommodation and related facilities. The mine's tyre retreading project, being implemented in partnership with Kaltire, promotes the reuse of ...

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China's Zijin Mining to buy Newmont's Ghana gold project for $1 bln

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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Newmont Divests Akyem Gold Mine to Zijin Mining in …

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.

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Newmont Announces Sale of Musselwhite for up to $850 Million

DENVER--(BUSINESS WIRE)-- Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) ("Newmont" or the "Company") announced today that it has agreed to sell its Musselwhite operation in Ontario, Canada, to Orla Mining Ltd ("Orla") for up to $850 million in total consideration. Under the terms of the agreement, Newmont will receive cash …

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Newmont Ghana Gold Ltd

Newmont Golden Ridge Limited (the "Company"), a subsidiary of Newmont Mining Corporation, is proposing to mine gold reserves at the Akyem Gold Mining Project (the "Project") site in the Birim North District of the Eastern Region of Ghana, West Africa (Figure 1-1). The Project is located approximately 3 kilometres west of the district ...

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