The Akyem Gold Mine holds gold resources of 54.4t with a high average grade of 3.36g per tonne (g/t), gold reserves of 34.6t at an average grade of 1.35g/t and an additional 83t as underground mining inventory. ... Mining news and in-depth feature articles on the latest mining company deals and projects covering trends in mineral exploration ...
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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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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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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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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.
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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 …
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The Akyem deposit lies within a shear zone created by gradational contact between Birimian sedimentary rocks and the mafic metavolcanic rocks on the northern portion of the gold-bearing East Ashanti Belt in Ghana. The deposit is estimated to contain 7.4million ounces (moz) of proven and probable gold reserves as of Dec…
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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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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 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 for the second consecutive year. ... the funds have been allocated to infrastructure projects, scholarships and a number of community development initiatives ...
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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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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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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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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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The Akyem Gold Project is located in the Birim North District of the Eastern Region of Ghana; 133 kilometres northwest of the capital city of Accra. Akyem is a greenfield 8.5 Mtpa gold process plant with associated reagents and utilities; …
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Newmont has trained 119 commercial drivers operating within the Akyem mine on road safety and defensive driving techniques aimed at reducing accidents on local roads. We also have trained more than 6,000 school students in local …
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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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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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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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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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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 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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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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Gold producer Newmont Mining Corp's (NMC.TO: Quote) board has approved funding for its estimated 7.2 million ounce Akyem gold reserve project, the company said in a statement on Thursday.
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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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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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Shandong Gold Mining and Zijin Mining Group are among the early contenders expressing interest in the Akyem asset. Chifeng Jilong Gold Mining is also evaluating the Akyem mine, while Australian mining company …
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Newmont Corp.'s Akyem gold mine is a target for Ghana-focused producer Asante Gold Corp., which plans to bid for the asset against potential Chinese buyers this month.
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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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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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