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Newmont, Ghana
Chinese group to purchase mine project from U.S.-based Newmont
China’s Zijin Mining Group announced Wednesday that it will purchase the Akyem Gold Mine Project in Ghana from Newmont Corp. (NYSE:NEM) for $1 billion. Newmont said it has participated in an ongoing strategy to divest from non-core assets as the operation shifts focus to tier-one assets.
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 offload noncore assets following the closing of its acquisition of Newcrest Mining in 2023.
Newmont to sell Ghana gold project to Zijin Mining in $1B deal
Newmont agrees to sell Akyem gold mine in Ghana to Zijin Mining for up to $1B in cash, as part of strategic focus on Tier 1 assets.
China’s Zijin Buys Ghana Gold Mine From Newmont for $1 Billion
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 resources to meet its aggressive output targets.
Newmont to Sell Ghana Gold Mine Project for $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 world’s biggest gold miner as it turns its focus to copper.
China's Zijin Mining to buy Newmont's Ghana gold project for $1 billion
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 ongoing programme to divest non-core assets as the company makes a strategic shift to focus on its tier one assets,
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
Inside Ghana’s illegal gold mines
Ghana has a gold problem: illegal mines, known as 'galamsey', where men work without proper protective equipment. It threatens their lives – and the environment.
12h
Newmont Strikes ~$1B Deal For Akyem Sale, Focus Sharpens on Tier 1 Assets
On Tuesday, Newmont Corporation (NYSE:NEM) disclosed the sale of its Akyem operation in Ghana to Zijin Mining Group for up to ...
modernghana.com
7h
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 ...
8h
Buy Rating Affirmed for Newmont Mining Following Strategic Asset Sale and Strong Capital Allocation
In a report released today, Lawson Winder from Bank of America Securities reiterated a Buy rating on Newmont Mining (NEM – Research ...
australianmining.com.au
30m
Newmont to divest Akyem for up to $1.5 billion
Newmont has entered into a definitive agreement to sell its Akyem gold mine in Ghana to Zijin Mining Group for up to $US1 ...
Zacks.com on MSN
11h
Newmont Announces Divestment of Akyem in Ghana for up to $1B
The transaction's proceeds will support NEM's capital allocation priorities, which include improving the balance sheet and ...
The Mining Journal
18h
Zijin to buy Newmont's Aykem in billion-dollar deal
China-based Zijin Mining is set to buy Newmont's Aykem operations in Ghana for US$1 billion as part of the latter's ...
Business Times
19h
China’s Zijin Mining to buy Newmont’s Ghana gold project for US$1 billion
CHINA’S Zijin Mining Group will buy the Akyem Gold Mine Project in Ghana from US-based Newmont for US$1 billion, the ...
Armed robbery in Revesby
22h
Newmont to Sell Akyem for Up to $1 Billion
Transaction in-line with strategy to focus on Tier 1 asset portfolio DENVER--BUSINESS WIRE--Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX ...
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