Asante Gold Makes Bold Bid for Newmont Akyem Mine. Newmont Corporation's Akyem gold mine is a target for Ghana-focused producer Asante Gold Corporation, which plans to bid for the asset against potential Chinese buyers this month. "We expect to be part of this process," Asante Gold Chief Executive Officer, Dave …

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 …

Chifeng Jilong Gold Mining is also evaluating the Akyem mine, while Australian mining company Perseus Mining said last month that it would consider acquiring the asset. In 2022, Akyem reported ...

Operations. Commercial production at Ahafo began in 2006; it operates both surface and underground mines. Ahafo has two primary ore zones: Ahafo South and Ahafo North. Newmont obtained the mining lease for …

Moussa81/iStock via Getty Images. Asante Gold (OTCPK:ASGOF) plans to bid for Newmont's (NYSE:NEM) Akyem gold mine in Ghana, CEO Dave Anthony told Bloomberg in an interview Tuesday.Asante (OTCPK ...

Australian miner Perseus Mining will be interested in acquiring the Akyem mine, in Ghana, chairperson and CEO Jeff Quartermaine said on Friday. ... According to Newmont, Akyem …

AFRICAN QUEEN MINES LTD has entered into an Earn-in and Joint Venture Agreement with Marshall Islands private company AKAN EXPLORATION LTD, covering exploration, development and exploitation of the Noyem Gold Project, which is the subject of the Noyem-Nyafoman Prospecting License LVB 10244/1995 in Ghana. …

Newmont Corp.'s Akyem gold mine is a target for Ghana-focused producer Asante Gold Corp., which plans to bid for the asset against potential Chinese buyers this month. "We expect to be part of ...

Newmont, a Denver-based mining company, has initiated the sale of its Akyem gold mine in Ghana. This divestiture is part of a broader strategy to raise $2 billion following the company's acquisition of …

Newmont Mining Corporation (NYSE: NEM) ("Newmont" or the "Company") today announced that its Board of Directors approved funding for the Akyem gold project in Ghana. Newmont's board has cleared Akyem through the fourth stage-gate in Newmont's four gate project review process, which roughly equates to "bankable …

Gold producer Newmont Mining Corp's (NMC.TO: Quote) board has approved funding for its estimated 7.2 million ounce Akyem gold reserve project, the company said in a statement on Thursday.

Asante Gold (OTCPK:ASGOF) plans to bid for Newmont's (NYSE:NEM) Akyem gold mine in Ghana, CEO Dave Anthony told Bloomberg in an interview Tuesday. Asante (OTCPK:ASGOF), which owns two gold mines ...

Newmont Corp. has kicked off the sale of its Akyem gold mine in Ghana, which is attracting interest from potential bidders including Chinese producers amid soaring prices for the metal, people ...

Mining ceased when it became uneconomic to continue and Midnite mine's shareholders liquidated the company, leaving Newmont as the sole owner of Dawn Mining Company. Newmont collaborated with the Environmental Protection Agency (EPA) to align on a Remedial Action Plan; remediation activities commenced in 2016 and will continue …

The Akyem Gold Project is located in the Birim North District of the Eastern Region of Ghana; 133 kilometres northwest of the capital city of Accra. Akyem is a greenfield 8.5 Mtpa gold process plant with associated reagents and utilities; tailings storage dam; water storage dam; power connection and transmission from the regional power grid ...

Newmont Corp., the world's biggest gold miner, said it's on track to raise $2 billion — if not more — from selling smaller mines and development projects. ... It's now pushing to finalize sales of mines and …

Bloomberg is reporting that Newmont Corp., the world's top gold producer, is seeking to sell six mines and two projects in a set of divestitures aimed at generating $2 billion in cash. The six, includes its Akyem mines in Ghana. The Denver-based company, said on Thursday it intends to divest three Canadian gold mines — […]

Gold mining major Newmont will put up for sale six mines and two projects, optimising its portfolio to focus on ten tier-one assets that will produce 6.7-million gold ounces by 2028. The six mines ...

Newmont Corporation (NYSE: NEM, TSX: NGT) reported gold Mineral Reserves (reserves) of 92.8 million attributable ounces for 2021 compared to the Company's 94.2 million ounces at the end of 2020. Newmont has significant upside to other metals, including more than 15 billion pounds of copper reserves and nearly 600 million …

The Subika underground project, completed on schedule and within budget, achieved commercial production in November 2018, adding higher-grade, lower cost gold production at the Ahafo mine. The mine is expected to increase average annual gold production by between 150,000 and 200,000 ounces per year for the first five years beginning in 2019 ...

newmont akym gold mines project ghana Newmont Mining Africa Akyem Ghana Operation FactsThe Mining Process Gold Home Operations and Projects Africa Akyem Ghana You may. Newmont Mining Africa Akyem Ghana Overview. Newmont''s Akyem operation is located in Ghana in the Birim North District of the Eastern Region, …

Newmont has commenced the sale process of its Akyem gold mine in Ghana, a move that has piqued the interest of several potential bidders, including Chinese producers. ... Chinese companies vie for Newmont's Akyem gold mine. ... Mining news and in-depth feature articles on the latest mining company deals and projects covering …

Ghana and specific to this Project is presented. 1.1 ABOUT NEWMONT Newmont has three subsidiaries registered under the laws of Ghana: ¾ Newmont Ghana Gold Limited (NGGL), ¾ Moydow Limited and ¾ Newmont Golden Ridge Limited (NGRL). NGGL has been actively producing gold at its mines at Ahafo, in the Brong Ahafo …

Newmont (NYSE:NEM) is on track to raise at least $2B from selling smaller mines and development projects, COO Natascha Viljoen told Bloomberg on Tuesday in an interview at Denver Gold Group's ...

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. The Akyem mine operates within 10 host communities in the Birim North District of Ghana's Eastern Region namely: …

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 …

Public Consultation and Disclosure Plan Ahafo South Project Existing mining operations in southwest Ghana include Anglogold Ashanti mines at Obuasi, Iduapriem/Teberebie, and Bibiani and GoldFields operations at Tarkwa and Damang. Together these operations account for about 80 percent (52 tonnes) of gold annually produced in Ghana. Rising gold

Newmont (NYSE:NEM) is on track to raise at least $2B from selling smaller mines and development projects, COO Natascha Viljoen told Bloomberg on Tuesday in an interview at Denver Gold Group's ...

Tom Palmer, President and Chief Executive Officer at Newmont, says, "I am pleased to announce the approval of full funding for the Ahafo North project, expanding our existing footprint in Ghana and adding more than 3 Moz of gold production over initial 13-year mine life. The development of this prolific orebody will leverage our proven ...

This merger gave Newmont complete ownership of two mining projects in Ghana, Ahafo in the Brong Ahafo region and Akyem, located in the Birim North District. Both of Newmont's mines are in …