China's Zijin Buys Ghana Gold Mine From Newmont
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.
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 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.
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 Akyem Operation In Ghana To Zijin Mining For Up To $1 Bln
Newmont Corp. (NEM, NGT.TO, NEM.AX) announced it will sell its Akyem operation in the Republic of Ghana to Zijin Mining Group Co.,
Zijin Mining to Acquire Akyem Gold Mine Project in Ghana From Newmont
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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.
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.
Newmont Strikes ~$1B Deal For Akyem Sale, Focus Sharpens on Tier 1 Assets
Newmont Corporation sells Akyem operation in Ghana to Zijin Mining Group for up to $1 billion in cash, aligning with their ...
Zacks.com on MSN28m
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 Journal7h
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 Wire8h
Newmont Announces Definitive Agreement to Divest Akyem for up to $1 Billion
Newmont remains committed to Ghana including the investment of $950 million to $1,050 million of development capital in the ...
Heap leach project and a heap of related party loans drag Zijin Mining’s Norton Gold Fields into the red
The Australian arm of a Chinese mining giant failed to turn a profit last year thanks partly to mountains of debt owed to a ...
Business Times8h
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 ...