Newmont (NYSE: NEM) said on Thursday its board approved full funding to advance its Ahafo North Project in Ghana into the execution phase. The project, located 30 kilometers north of the...
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For the second year running, Newmont Africa's Ahafo South mine has been recognized for exceptional performance in its decarbonization efforts, receiving carbon credit recognition recently from Kal Tire for saving 121 …
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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. ... Ahafo Linkages Program (ALP) download – Resettlement Action Plan. Public Consultation and Disclosure Plan March …
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Newmont Ahafo Mines (NAM) is a subsidiary of Newmont Ghana Gold Limited (NGGL) with its parent company Newmont Mining Corporation (NMC) which is based in Denver, USA. NMC is a gold producer with properties in Ghana, Australia, Peru, Indonesia, Canada, New Zealand, and Mexico (Boso et al., 2017; FernándezLlamazares et al., 2020). NGGL …
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Project on track to achieve commercial production in fourth quarter Newmont Goldcorp Corporation (NYSE: NEM, TSX: NGT) (Newmont Goldcorp or the Company) today announced that the Ahafo Mill Expansion (AME) project in Ghana successfully processed its first ore and is on track to achieve commercial production in the fourth …
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Afrisipakrom (A/R), July 06, GNA – The actual mining at the Newmont Ahafo North Project of the Newmont Ghana Gold Limited (NGGL) is set to commence by the end of 2024. Projecting to mine between 270,000 and 325,000 ounces of gold annually, the Ahafo North Project concessional area covers about 10,000 acres of land spread across five major ...
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`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. …
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Newmont contributes US$1 per ounce of gold sold and 1 percent of the net profit from the Ahafo mine to NADeF. Newmont Akyem Development Foundation (NAkDeF) The Newmont Akyem Development Foundation, …
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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.
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Located approximately 30 kilometers north of Newmont's existing Ahafo South operations, the Ahafo North Project will include four open pit mines and the …
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Building a sustainable mining business depends on our ability to develop new mining opportunities from concept through commercial production. Find out more about our ongoing Projects. Learn More.
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Production from the mine will average about 275,000 to 325,000 gold ounces with all-in sustaining costs of $600 to $700 per ounce for the first five years, Newmont said. Commercial production at ...
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Ahafo - Ghana. Location: 307 kilometers northwest of Accra, Ghana Mine Type: Surface Metals Mined: Gold Annual Gold Production*:643 attributable Koz ... Newmont's Cripple Creek & Victor Mine Gold Mine (CC&V) is …
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Honoring our commitment to properly close, revegetate legacy mines, and promote environmental justice. Dawn Mining Company produced uranium at the Midnite mine from 1954 to 1981. Mining ceased when it became uneconomic to continue and Midnite mine's shareholders liquidated the company, leaving Newmont as the sole owner of Dawn …
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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 ...
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A large gold and copper mine, Boddington is located 16 km from the rural farming town of Boddington and 120 km from Western Australia's capital city, Perth. Boddington was a three-way joint venture between Newmont, AngloGold Ashanti and Newcrest. In 2009, Newmont purchased AngloGold Ashanti's shares to become the sole owner of …
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Ranked #29 and top mining company by 3BL's 100 Best Corporate Citizens list. Newmont recognizes the most important measure of success is and will always be keeping everyone healthy and safe. The company is deeply saddened by the recent losses of colleagues at our Brucejack, Ahafo North, and Cerro Negro mines.
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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 96.1 million ounces at the end of 2022. Newmont has significant upside to other metals, including more than 30 billion pounds of copper …
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Emergency response crews immediately deployed to scene of accident; families, police and regulators notified Kenyasi, 7th April, 2018 - Newmont Ghana is deeply saddened to report a fatal accident on 7 April following the collapse of the reclaim tunnel roof at its Ahafo Mill Expansion project. Relevant authorities have been notified and …
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The project also supports profitable development of Ahafo's highly prospective underground resource. First production is expected in the first half of 2019 with Commercial production is expected in the second half of 2019.
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Ahafo South Mine Open Pit & Underground Mine is located 85 km NW from Kumasi, Ghana. Data Access; Keep me signed in. ... 60- month contract at the Newmont Subika underground gold mine. The term of the contract is effective from 1 January 2023. Under the terms of the contract, through the UMA joint venture, Perenti will undertake all …
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NADeF was a commitment by the then Chief Executive Officer (CEO) of Newmont Mining Corporation, Wayne W. Murdy. During a visit to Ghana, he made a public commitment to contribute $1 per ounce of gold sold and 1% of net pre-tax annual profit from its mining operation in Ahafo for the sustainable development of the mine area.
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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 …
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Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (Newmont or the Company) today announced key actions that together will deliver on its clear and consistent strategy. "Newmont's go-forward portfolio is the new standard for gold and copper mining," said Tom Palmer, Newmont's President and Chief Executive …
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In 2013, Newmont, which operates the Ahafo mine in the Ahafo Region and the Akyem mine in the Eastern Region, established the Asutifi Processing and Services Centre (APSC) in collaboration with the German Development Cooperation on a pilot basis to explore processing and marketing opportunities for agricultural produce in the area.
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Newmont has fully owned and operated the Tanami mine since 2002. The mine operates in the remote Tanami Desert of Australia. The mine and plant are located on Aboriginal freehold land that is owned by the …
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In a continuing effort to meet the most stringent quality standards, Yanacocha has worked tirelessly to maintain certifications that reaffirm our commitment to environmental responsibility. In 2008, Yanacocha became the first large-scale mine to receive ISO 14001 international certification for our entire mining operation.
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Much effort has been made by Newmont Ghana to operationalise the Ahafo North Project as soon as practicable to strengthen its portfolio in the country. This follows the acquisition of some requisite …
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Ahafo North (Africa) expands our existing footprint in Ghana with four open pit mines and a stand-alone mill located approximately 30 kilometers from the Company's Ahafo South operations. The project is expected to add between 275,000 and 325,000 ounces per year with all-in sustaining costs between $600 to $700 per ounce for the first …
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Newmont Mining has announced plans to build a new underground mine and expand plant capacity by more than 50%, intending to extend profitable production through this at its Ahafo operations in Ghana. April 20, 2017
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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. The mine is in the Ahafo region, approximately 290 km …
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COMMUNITY PARTICIPATION AT NEWMONT'S AHAFO GOLD MINE IN GHANA EXECUTIVE SUMMARY 1. Introduction In 2008, ten communities in the Brong Ahafo region of Ghana entered into agreements with Newmont Ghana Gold Ltd (Newmont Ghana), who had already begun mining in the area. The agreements included promises …
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Newmont Corporation's 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 …
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The mine is located 30km north of the company's existing Ahafo South operations. The Ahafo South and Ahafo North projects are the two primary ore zones of the Newmont's Ahafo mine, which started commercial production in 2006. The Ahafo mine is located along the Sefwi Volcanic Belt, a northeast-southwest trending volcanic …
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