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Newmont to sell Ghana gold project to Zijin Mining
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 project to Zijin Mining in $1B deal
Newmont (NYSE:NEM) said Tuesday it agreed to sell its Akyem gold mine project in Ghana to China's Zijin Mining (OTCPK:ZIJMF) (OTCPK:ZIJMY) for up to $1B in cash, part of the U.S. company's plan to divest non-core assets in a strategic shift to focus on its Tier 1 assets.
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 agreement for cash consideration of up to $1 billion. The sale is part of Newmont's ongoing program to divest non-core assets as the Company makes a strategic shift to focus on its Tier 1 assets.
Newmont selling Ghana mine to Zijin
Newmont Corp. is planning to sell its Akyem operation in the Republic of Ghana in Africa to Zijin Mining Group for up to $1 billion cash as part of the company’s plan to sell its smaller mines to focus on its Tier 1 assets,
Zijin Mining buys Newmont’s Ghana gold project 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 […]
Newmont to Sell Akyem Gold Operation in Ghana for Up to $1 Billion
Newmont (NEM) said late Tuesday it agreed to offload its Akyem gold operation in Ghana to China's Zijin Mining Group for up to $1 billion in cash, as part of the company's ongoing efforts to divest its non-core assets.
MyJoyOnline
1h
Chinese firm buys Newmont’s Akyem Mine for $1.0bn
Newmont said the sale is part of its ongoing programme to divest non-core assets as the company makes a strategic shift to ...
2d
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. ...
Business Wire
2d
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 ...
MyJoyOnline
6h
Akyem Mine – Past, Present, and Future, a journey of growth, development, and future of prosperity
The Akyem Mine, located in the Birim North district of the Eastern region of Ghana, was conceived through exploration ...
2d
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 ...
australianmining.com.au
1d
Newmont to divest Akyem for up to $1.5 billion
Newmont has entered into a definitive agreement to sell its Akyem gold mine in Ghana to Zijin Mining Group for up to $US1 ...
Business Times
2d
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 ...
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