Ahafo – Africa | Newmont Corporation – …

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, …

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Operations & Projects

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. ... Newmont Ghana has since completed Akyem's reforestation program, reclaiming more than 300 degraded hectares in the ...

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Newmont Corporation

`Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (Newmont or the Company) today announced fourth quarter and full year 2023 results, as well as its 2024 outlook. "2023 was a transformational year for Newmont, and for all of our stakeholders," said Tom Palmer, Newmont's President and Chief Executive Officer. "With the acquisition of …

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Akyem, Ghana

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. ...

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Newmont Corporation

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 northwest from the national capital city of Accra. Commercial production at Ahafo began in 2006. Ahafo has two primary ore zones: Ahafo South and Ahafo North.

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Newmont Corporation

About Newmont Ghana. Newmont Ghana is the country's leading gold producer and operates two gold mines: the Ahafo Mine in the Ahafo region and the Akyem Mine in the Eastern region. The company is a subsidiary of Newmont Corporation, the world's leading gold business. Commercial production at Ahafo began in 2006 and at Akyem in 2013.

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Newmont Corporation

Best New Entrant Company (Akyem, Newmont Ghana), 2016 Ghana Club 100 Awards, Ghana Investment Promotion Center; July. ... Capital investments and acquisitions lift Newmont's production and reserves during the 1990s. Yanacocha becomes the largest gold mine in South America. Operations begin in Uzbekistan and Indonesia, where Batu Hijau puts ...

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Newmont's earnings, production rise in quarter

Newmont's gold production in the fourth quarter of 2024 included 280,000 ounces from its share of Nevada Gold Mines, up 16% from the previous quarter, and NGM's highest quarterly production of ...

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The Socio-Economic Impact of Newmont Ghana Gold …

5 Recommendations for Newmont and for the Government of Ghana 53 5.1 For Newmont 53 5.2 For the Government of Ghana 54 5.3 For the Government of Ghana and Newmont Jointly 55 Appendix I Model description 56 I.1 Modelling approach 56

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Newmont Declares Commercial Production at …

DENVER -(BUSINESS WIRE)- Newmont Mining Corporation (NYSE: NEM) ( Newmont or the Company) has achieved commercial production at the Subika Underground project, adding higher-grade, lower-cost gold …

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NEWMONT GHANA GOLD LIMITED FINAL …

agriculture as their primary livelihood. Since then, arable land acquired by Newmont Ghana Gold Ltd. (NGGL) to operate the Ahafo Project has rendered some farmer s landless, increased the price of access to arable land in the Project vicinity, and …

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Newmont Ghana begins commercial production at Akyem

New Abirem, 1st November 2013 – Newmont Ghana is pleased to announce that its Akyem operation in the Birim North District of the Eastern Region of Ghana has safely and successfully achieved commercial production, on-budget and on-schedule. Akyem also achieved another major milestone when it successfully poured its first gold bar on October 4th. "I would like to …

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Newmont Corporation

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 Ghana to Zijin Mining Group Co., Ltd. ("Zijin") under a definitive agreement, for cash consideration of up to $1 billion. The sale is part of Newmont's …

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Newmont Corporation

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 Éléonore operation in Northern Quebec, Canada, to Dhilmar Ltd ("Dhilmar") for $795 million in cash consideration. The transaction is expected to close in the first quarter of 2025, …

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Production Geologist at Newmont Corporation

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. Newmont is the only gold producer listed in the S&P 500 …

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Newmont's Subika underground in Ghana starts commercial …

Newmont Mining has built ten new mines and expansion projects on or ahead of schedule and at or below budget, over the last 5 years. Once the company completes the …

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Newmont Provides Update on Ahafo Mill Expansion Project Accident in Ghana

Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) continues to support the investigation of a tragic accident on 7 April in which six construction contractors lost their lives, and to offer its condolences and support to the families of the victims. The investigation is being led by the Inspectorate Division of Ghana's Minerals Commission .

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Newmont Declares Commercial Production at Subika Underground in Ghana

DENVER -(BUSINESS WIRE)- Newmont Mining Corporation (NYSE: NEM) ( Newmont or the Company) has achieved commercial production at the Subika Underground project, adding higher-grade, lower-cost gold production at the Ahafo mine in Ghana . Subika Underground represents Newmont's third profitable expansion in 2018 and its tenth completed project since …

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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.

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Ghana's Expanding Gold Industry: Major Mines to Scale Up Production

Located in northern Ghana and operated by Cardinal Resources, the Cardinal Namdini Mine is set to become Ghana's first large-scale greenfield gold project in over a decade. With an estimated 5.1 million ounces of gold reserves and a 15-year production lifespan, the mine is projected to produce 358,000 ounces of gold annually starting mid-2025.

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Africa | Newmont Corporation – Operations

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. ...

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Ghana to launch 'monster mines' to boost gold production

Mid-year 2025, Newmont will commission another monster mine - Ahafo North." ... will start production in 2026. Miners welcome Ghana's stable fiscal regime, but say excessive costs and ...

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Newmont Enhances Portfolio With Approval of Ahafo …

The Best Unmined Gold Deposit in West Africa Today, Newmont Corporation (NYSE: NEM, TSX: NGT) announced that its Board of Directors has approved advancing the Ahafo North Project into the execution phase. The project exceeds the Company's required internal rate of return, adding profitable production from the best unmined gold deposit in West …

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Newmont declares commercial production at Subika …

Newmont Mining Corp. has achieved commercial production at the Subika Underground project, adding higher-grade, lower-cost gold production at the Ahafo Mine in …

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Newmont Corporation

Project on track to achieve commercial production in fourth quarter Newmont Goldcorp Corporation (NYSE: NEM, TSX: NGT) (Newmont Goldcorp or the Company) today announced that the Ahafo Mill Expansion (AME) project in Ghana successfully processed its first ore and is on track to achieve commercial production in the fourth quarter of 2019. This press …

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Newmont Provides 2021 and Longer-term Outlook

Creating value by improving production and costs through 2025 Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) announced its 2021 outlook 1 with attributable gold production guidance of 6.5 million ounces and AISC 2 of $970 per ounce. Attributable gold production 3 is expected to be between 6.2 and 6.7 million ounces per year in …

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Newmont Ghana Committed to Operating Safely

Accra, November 11 th, 2010 – Newmont Ghana Gold Limited is committed to operating safely and responsibly in our operations and projects. The health and safety of our employees and our neighbors is of utmost importance and is taken very seriously as part of our business and we continuously seek to improve our safety practices and methods. We regret and are deeply …

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Newmont Corporation

Newmont Goldcorp Corporation (NYSE: NEM, TSX: NGT) (Newmont Goldcorp or the Company) today announced that the Ahafo Mill Expansion in Ghana achieved commercial production, on schedule and within budget for approximately $175 million. Combined with the Subika Underground, which was successfully completed in November 2018, the mill expansion …

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Newmont selling Ghana mine to China-based Zijin Mining

Newmont is the world's largest gold producer, with gold production forecast at 5.6 million ounces this year, along with 1.9 million gold equivalent ounces of production.

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Newmont Reports Third Quarter 2024 Results

Newmont Corporation (NYSE: NEM, ASX: NEM, TSX: NGT, PNGX: NEM) (Newmont or the Company) today announced third quarter 2024 results and declared a third quarter dividend of $0.25 per share. " In the third quarter, Newmont delivered 2.1 million gold equivalent ounces and generated $760 million in free cash flow from our world-class portfolio, " …

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