US-based gold mining company Newmont has approved the advancement of the Ahafo North Project in Ghana into the execution phase. Comprising four open-pit mines and a standalone mill, the project development is estimated to …
Newmont's Global Presence. When mine promoter and financier Colonel William Boyce Thompson decided to create a company in 1916 to handle his larger private acquisitions – including oil and gas and mining interests – he named it the Newmont Company after his business success in New York and his home state of Montana.
Newmont Ghana Gold Limited- Ahafo Mine, has been adjudged as the Mining Company of the Year 2015. The company beat off stiff competition from ten other mining companies to win the coveted prize at the 2 nd edition of the Ghana Mining Industry Awards (GMIA) held in Accra on 25 th November, 2016. A former CEO and …
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 …
Company urges Akyem community stakeholders to allow legal process to run its course New Abirem, 16th October, 2018 – Newmont Ghana today reaffirmed its commitment to transparently engaging with local communities to improve lives and collaboratively identifying solutions to mitigate impacts from its operations. The …
Newmont continues to lead the industry in its ESG practices and in looking ahead to identify and understand potential risks and opportunities to the Company's business activities, the industry overall, and issues important to our stakeholders. ... bringing over 20 years of experience in the mining industry to her role. With Newmont for five ...
The company is a subsidiary of Newmont Corporation, the world's leading gold business. Commercial production at Ahafo began in 2006 and at Akyem in 2013. The Company currently employs over 6,500 employees and contractors. Its Ahafo mine was named Mining Company of the Year in 2016 and Ghana's Corporate Social …
Newmont Golden Ridge Ltd Akyem is a surface mine located about 111 miles northwest of Accra. The company got a mining lease in 2010 and started commercial production in 2013.
Newmont, this year, stood out as the most outstanding mining company on this year's Ghana Club 100 listings. Newmont's Ahafo mine was adjudged second-best …
Newmont Africa on Friday (1 December) emerged as the mining company of the year at the 9th Ghana Mining Industry Awards (GMIA) organised by the Ghana Chamber of Mines in Accra. The prestigious Mining Company of the Year is awarded to a firm that has excelled in sustainable environmental management, occupational, health …
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&P 500 Index and is widely recognized for its principled environmental, social, and governance ...
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 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 …
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.
The mine is wholly-owned and operated by Newmont Mining Corporation, and commenced production in October 2013. It is Newmont's second mining operation in Ghana after the Ahafo gold mine in Brong Ahafo Region. The Akyem mine site covers a total area of 1,903ha of which, 74ha lies in the Ajenjua Bepo Forest Reserve.
Peter Wexler joined Newmont in March 2024 leading the company's legal, compliance and regulatory affairs globally. Peter is a seasoned legal and risk management leader with more than three decades of international experience, including managing legal, risk, compliance, M&A, antitrust, litigation and corporate governance affairs within the industrial, …
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 company also ensures that community development is aligned with the local government's development plan and the company's Sustainable Development Goal priorities. Newmont Ghana's Akyem mine has contributed approximately $9.3 million NAkDeF since 2013. In 2018, the mine contributed about $1.5 million to NAkDeF. ...
Newmont Ghana's reclamation efforts are designed to accommodate sustainable and post-mining land uses. Akyem is implementing concurrent reclamation to restore previously …
The Subika underground project cost about US$186 million to develop. Newmont Mining has built ten new mines and expansion projects on or ahead of schedule and at or below budget, over the last 5 ...
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. See ... Newmont began operating in Australia in 2002 with the acquisition of Normandy Mining. Our presence Australia is comprised of Boddington and Tanami. ...
Social Impact Analysis of Mining Operations in Kenyasi and Surrounding Communities of Ghana: The Case of Newmont Gold Mining Company in Ghana . jones opoku-ware. This article discusses the findings of a study on mining and its social impacts on Kenyasi, a mining community in Ghana and other nearby communities especially Ntotroso and …
Newmont Announces 2023 Mineral Reserves for Integrated Company of 136 Million Gold Ounces with Robust Copper Optionality of 30 Billion Pounds Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) reported higher gold Mineral Reserves ("reserves") of 135.9 million attributable ounces for 2023 compared to the Company's …
Reserves and Resources . Our diverse, global portfolio of operations and projects delivers steady production for at least the next decade, leading the industry with approximately six million gold ounces per year.
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 ...
Code of Conduct: sets out Newmont's basic standards for ethical and legal behavior; Business Integrity Policy: requires all those engaged in activities on Newmont's behalf to work honestly and in the best interests of the Company, to avoid corruption and bribery of any kind, and to ensure compliance with various relevant legal requirements ...
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Bullion major Newmont on Thursday announced the approval of a new $750-million to $850-million gold project in Ghana, which would create about 1 800 jobs at …
With a mature gold mine in Ahafo and a much younger mine in Akyem, Newmont ranks as Ghana's largest gold producer, responsible for 29 percent of the country's annual gold production as at 2015. ... beyond simply the employees working at Newmont in Ghana to the people who live within the communities in which the …
Newmont's Ahafo mine was adjudged second-best company in Ghana, while the Akyem mine ranked ninth on the Ghana Investment Promotion Centre's Ghana Club100 listings. Newmont, this year, stood ...
