Comprehensive  Ghana Oil and Gas news, information, updates, analysis


News in Brief

Newmont to start operations at Akyem mines in October

  • SOURCE: | qwesa2big
  • 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

    Get the latest news and updates on Ghana’s oil and gas value chain by following us Reporting Oil and Gas on twitter @oilgasghana and like our facebook page and get at us on Google+. Subscribe to our group to get updates.

    Leave a reply

    About Us
    Reporting Oil and Gas project was launched on 4th June 2009 at Takoradi, Western Region, Ghana by Penplusbytes (www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector read more
    Twitter Activity Stream
     

    Partners We are proud to be associated with:

    Skip to toolbar