Audio By Carbonatix
Mining 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.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Kufuor blames key Akufo-Addo policies for NPP’s 2024 defeat
5 hours -
Prof. Adei urges gov’t to back private universities as medical admissions hit crisis levels
5 hours -
Unity is the path to power – Kufuor calls for one strong NPP
5 hours -
Mahama marks first anniversary of election victory
5 hours -
Akufo-Addo managed Covid-19 well – Kufour
5 hours -
Ghana must fund its own education, not wait for donors – Mahama
5 hours -
‘Ketamine Queen’ spiralled before Matthew Perry death, friends tell BBC
6 hours -
Unity is key to NPP’s future progress – Kufour advises
6 hours -
The future is bright for African Rugby League referees – James Jones
6 hours -
Embrace ESG Materiality Assessment to unlock potential funding – Deloitte Assurance Partner to firms
6 hours -
I was not consulted on National Cathedral Project – Kufuor reveals
6 hours -
Ofankor–Nsawam Road: Roads Ministry announces new diversion for asphalt works
6 hours -
ECOWAS deploys standby force to Benin amid military takeover
7 hours -
Livestream: The Probe discusses scholarship debt crises
7 hours -
2025/26 GPL: Hearts suffer comprehensive 2-0 loss to Karela United
7 hours
