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Newmont to sell Ghana gold project to Zijin Mining
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 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
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.
19h
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
14h
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 ...
Zacks.com on MSN
20h
Newmont Announces Divestment of Akyem in Ghana for up to $1B
Newmont Corporation NEM recently announced that it has reached a definitive agreement to sell its Akyem operation in Ghana to ...
Business Wire
1d
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 ...
15h
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 ...
1d
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 ...
bovnews
1d
Newmont Corporation (NEM) Stock: More Robust Than the Numbers Suggest?
On Monday, Newmont Corporation (NEM) stock saw a decline, ending the day at $52.98 which represents a decrease of $-0.36 or -0.67% from the prior close of $53.34. The stock opened at $52.93 and ...
1d
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., ...
9d
5 Reasons Newmont Is Still A Buy
Newmont Corporation's robust price rise in 2024 is in line with the gold price rally and it benefits as a copper producer.
2d
Newmont Corp. stock outperforms market despite losses on the day
Newmont Corp. closed $3.32 below its 52-week high ($56.30), which the company reached on September 25th.
Zacks.com on MSN
1d
Newmont Stock Pops 34% in 6 Months: Is it Still a Screaming Buy?
With a robust portfolio of projects and a healthy growth trajectory, NEM presents a solid investment case for those looking ...
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