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Newmont to sell Ghana gold project to Zijin Mining
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 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,
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.
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 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.
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.
1d
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 ...
3h
Patten Group Inc. Decreases Position in Newmont Co. (NYSE:NEM)
Patten Group Inc. lowered its position in shares of Newmont Co. (NYSE:NEM – Free Report) by 3.2% in the 3rd quarter, ...
australianmining.com.au
21h
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 ...
Zacks.com on MSN
1d
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 ...
ETF Daily News
20h
Perpetual Ltd Sells 4,518 Shares of Newmont Co. (NYSE:NEM)
Perpetual Ltd lessened its stake in
Newmont
Co. (NYSE:NEM – Free Report) by 0.6% in the third quarter, according to its ...
13h
RBC Capital Remains a Hold on Newmont Mining (NEM)
RBC Capital analyst Josh Wolfson maintained a Hold rating on Newmont Mining (NEM – Research Report) on October 7 and set a price target ...
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 ...
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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Related topics
Ghana
Akyem
Zijin Mining
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