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China's Zijin Buys Ghana Gold Mine From Newmont
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 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.
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.
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,
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.
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
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.
2d
Ghana's wildcat gold mining booms, poisoning people and nature
At an unlicensed gold mine in Ghana, men in t-shirts, shorts and rubber boots wade through pools of muddy water laced with ...
Zacks.com on MSN
4h
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 ...
1d
BoG's Ghana Gold Coin: What investors should know
The Bank of Ghana (BoG) recently launched the Ghana Gold Coin, a significant initiative under the domestic gold program, ...
5d
Demonstrators demand Ghana's government crack down on illegal gold mining
Demonstrators demand that Ghana's government crack down on illegal gold mining as the value of gold rises. NBC News' Zinhle ...
The Africa Report
2d
Can Ghana’s new gold coin help stabilise the local currency?
While the
gold
-backed asset offers an alternative to traditional investments, it may not solve the deeper challenges facing ...
6d
Here is all you need to know about the BoG's 'Ghana Gold Coin'
The Bank of Ghana (BoG) announced its new investment initiative, the Ghana Gold Coin at the just ended Monetary Policy ...
1h
on MSN
Study offers participant views of community-based natural resource management in Ghana
Famous for its iconic wildlife, Africa is home to nature and cultures that can be found nowhere else on Earth. Unfortunately, ...
12d
Ghana Central Bank Launches New Gold Coin to Boost Savings
Ghana has launched a new gold coin to help it manage money-market liquidity, while boosting domestic savings. The coin, made ...
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