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Newmont to start operations at Akyem mines in October

  • SOURCE: | Editor
  • NEWMONTMining firm, Newmont Ghana, is set to begin commercial operations at its Akyem mines in the Eastern Region from October this year.

    The Mining firm has already invested $1.1 billion in the project which is expected to produce about 450 thousand ounces of gold in the first five years.

    The mine is estimated to have reserves of about 7.7 million ounces of gold.

    Adiki Ayitevie, Director of External Affairs and Communications told Joy Business plans to begin mining in the Eastern Region shows that the company is “committed to being in the country for the long term.”

    She said the firm is always willing to partner with Government and people to bring sustainable value and opportunity to all stakeholders.

    Newmont will have two major mining projects in the country when it begins operations in October in the Eastern Region.

    Newmont Ghana currently mines at the Ahafo project in the Ashanti Region.

    Source: Joy Business

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