Newmont Mining to build underground mine and expand Ahafo mill in Ghana

The development capital ranging between $300m and $380m will be met by free cash-flow and cash balances. Commercial production at Ahafo began in 2006 and the operation achieved five million ounces of gold production in October 2016. Newmont is a gold and copper producer, with operations primarily in the US, Australia, Ghana, Peru …

Newmont Corporation

Newmont is the world's leading gold company and a producer of copper, silver, zinc and lead. The Company's world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Newmont is the only gold producer listed in the S ...

Operations & Projects

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: …

Operations & Projects

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 with an initial mine life …

Newmont Enhances Portfolio With Approval of Ahafo …

Located approximately 30 kilometers north of Newmont's existing Ahafo South operations, the Ahafo North Project will include four open pit mines and the construction of a stand-alone mill. Production from the mine will average approximately 275,000 to 325,000 gold ounces with all-in sustaining costs 1 of $600 to $700 per ounce …

Newmont Pays Over GHS 800 Million as Q1 Taxes to Government of Ghana

Accra, 22nd May 2023 – Newmont Africa has announced that, in the first quarter of 2023, its Ghana operations (Ahafo South and Akyem mines) paid a total of GHS 843.72 million in taxes, royalties, and levies to the Government of Ghana, through the Ghana Revenue Authority (GRA), Forestry Commission, and Ministry of Finance. This amount is broken …

Ahafo – Africa | Newmont Corporation – Operations & Projects

Ahafo has two primary ore zones: Ahafo South and Ahafo North. The mine is in the Ahafo region, approximately 290 km northwest of Accra, the national capital city. Mining is …

Average Salary for Newmont Mining Corporation Employees in Ghana

The average salary for Newmont Mining Corporation employees in Ghana is GH₵ 180,000,000 in 2024. Visit PayScale to research Newmont Mining Corporation salaries, bonuses, reviews, benefits, and more!

Newmont Declares Commercial Production at …

DENVER - (BUSINESS WIRE)- Newmont Mining Corporation (NYSE: NEM) ( Newmont or the Company) has achieved commercial production at the Subika Underground project, adding …

Apply: Newmont Ghana Recruitment June 2024

Newmont Mining Corporation is a leading global gold producer with key assets in Nevada, Peru, Australia, Ghana and Suriname. Newmont's Africa Operations holds two gold mining operations in Ghana: the Ahafo Mine located in the Brong-Ahafo region and the Akyem Mine located in the Eastern region. There is also near mine …

Akyem – Africa | Newmont Corporation – Operations

Akyem. Newmont obtained the mining lease for Akyem in 2010 and began commercial production in 2013. In 2017, the Ghana Investment Promotions Center (GIPC) named …

Africa | Newmont Corporation – Operations & Projects

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 Akyem in 2010 and began commercial production in 2013. In 2017, the Ghana Investment Promotions Center (GIPC) named Akyem the …

The Socio-Economic Impact of Newmont Ghana Gold …

2.2 The Role of Mining and Mining Economics. The contribution of the mining sector to Ghana's GDP has tripled from slightly less than 2% in 1991 to 6.3% in 2009 (5.9% in 2008). With a value of USD $2,551 million in 2009, gold represented 97.4% of Ghana's mineral exports and 43.4% of Ghana's total exports.

Africa | Newmont Corporation – Operations & Projects

Ghana Akyem. Newmont obtained the mining lease for Akyem in 2010 and began commercial production in 2013. In 2017, the Ghana Investment Promotions Center …

Newmont's Akyem gold mine in Ghana draws Chinese interest

On top of Akyem, Newmont wants to sell four gold mines in North America and one in Australia. Akyem produced 420,000 ounces of gold a year at the end of 2022, the company's website shows.

Operations & Projects

Location: 307 kilometers northwest of Accra, Ghana Mine Type: Surface Metals Mined: Gold Annual Gold Production*:643 attributable Koz Date of First Production:2006 * as of December 2019. ... Newmont's presence in Ghana includes the Ahafo mine in the Ahafo region and the Akyem operation in the Eastern region near New Abirem.

Newmont Mining Corporation: The growth of mining in Ghana

Newmont established its presence in Ghana in 2002 through the acquisition of Normandy Mining of Australia along with Franco-Nevada of Canada. This merger …

Newmont Corporation

Yanacocha is South America's largest gold mine, located in the province and department of Cajamarca, approximately 800 kilometers northeast of Lima, Peru. Yanacocha's operations are situated between 3,500 and 4,100 meters above sea level with development activities in four primary basins.

Newmont Ghana Vacancies (8 Various Positions)

Posted on : 31 Jan, 2012. Category : Mining Jobs in Ghana, Vacancies in Ghana. Newmont Ghana Gold Limited a subsidiary of Newmont Mining Corporation, one of the World's largest gold mining companies. 1. Maintenance …

Newmont Reports Fourth Quarter and Full Year 2023 …

`Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (Newmont or the Company) today announced fourth quarter and full year 2023 results, as well as its 2024 outlook. "2023 was a transformational year for Newmont, and for all of our stakeholders," said Tom Palmer, Newmont's President and Chief Executive Officer. …

Newmont Ghana Committed to Operating Safely

November 11, 2010. Accra, November 11th, 2010 – Newmont Ghana Gold Limited is committed to operating safely and responsibly in our operations and projects. The health and safety of our employees and our neighbors is of utmost importance and is taken very seriously as part of our business and we continuously seek to improve our safety ...

Newmont's Ahafo gold mine, Ghana

Newmont Ghana Gold Limited (NGGL) is a Ghanaian subsidiary wholly owned by Newmont Mining Corporation. NGGL commercially exploits the Ahafo South mine since June 2006. The life expectancy of South Ahafo mine is at least of twenty years. The mine includes four open pits: Subika (since 2006), Apensu (since 2006), Awonsu …

Newmont Declares Commercial Production at Subika Underground in Ghana

DENVER -(BUSINESS WIRE)- Newmont Mining Corporation (NYSE: NEM) ( Newmont or the Company) has achieved commercial production at the Subika Underground project, adding higher-grade, lower-cost gold production at the Ahafo mine in Ghana . Subika Underground represents Newmont's third profitable expansion in 2018 …

Newmont suspends all mining operations in Ghana indefinitely over …

Mining giant Newmont Ghana Limited has indefinitely suspended mining activities at all its sites in the country as investigations into the death of six of the firm's subcontractor staff takes shape.

Akyem Gold Mine Sale Attracts Top Chinese Bidders Amid …

Newmont's strategic divestiture plan includes the sale of Akyem alongside four other gold mines located in North America and one in Australia, aiming to amass $2 billion in cash through these sales. Akyem is a significant asset within Newmont's portfolio, having produced 420,000 ounces of gold as of the end of 2022, according to the …

Operations & Projects

Newmont's presence in Ghana includes the Ahafo mine in the Ahafo region and the Akyem operation in the Eastern region near New Abirem.

Newmont Provides 2022 and Longer-term Outlook

Delivering long-term value from an unmatched portfolio of world-class, long-life operations and a robust organic project pipeline Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) announced its 2022 outlook * with attributable gold production guidance of 6.2 million ounces and AISC ** of $1,050 per ounce at an $1,800 …

NEWMONT GHANA GOLD LIMITED FINAL …

Newmont Ghana Gold Ltd. Agricultural Improvement and Land Access Program Ahafo Project July 17, 2006 1 INTRODUCTION The Brong-Ahafo Region is nationally recognized to be Ghana's "breadbasket". The Region supplies about 30 percent of the nation's food. Within Brong-Ahafo Region, Asutifi District stands out for the

Newmont Adds Profitable Gold Production through Expansion of Ahafo in Ghana

Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) announced plans to extend profitable production at its Ahafo operations by building a new underground mine and expanding plant capacity by more than 50 percent. The Subika Underground mine is expected to produce 1.8 million ounces of gold over an 11-year …

Newmont Mining Corporation: The growth of mining in Ghana

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 commercial operation, with Ahafo producing around five million ounces of gold since production began in 2006 and Akyem producing …

Newmont Corporation

PMB, Airport Post Office, Accra, Ghana. T: 233.30.701.1852. North America. United States: 285 Spruce Road Elko, Nevada 89801. Vancouver: 800-1066 W Hastings St. ... with mines all over the world. We aim to provide social media communities where users can learn about our company, exchange thoughtful and informed commentary, and share thoughts …

Newmont Corporation

Under the Plan, Newmont will match dollar-for dollar up to $5,000 contributed by eligible donors each year to qualified organizations. The guidelines and requirements of the Newmont Matching Gift Program are listed here. If you want to report a donation to Newmont for the purpose of qualifying for a contribution from our Matching Gifts …

Ahafo, Ghana

Overview. Newmont's Ahafo mine is located along the Sefwi Volcanic Belt, a northeast-southwest trending volcanic belt in Ghana. The mine is in the Ahafo region, approximately 307 Kilometers northwest from the national capital city of Accra. Commercial production at Ahafo began in 2006. Ahafo has two primary ore zones: Ahafo South and Ahafo North.