Developing Country Studies ISSN 2224-607X (Paper) ISSN 2225-0565 (Online) Vol.4, No.18, 2014 www.iiste.org Social Impact Analysis of Mining Operations in Kenyasi and Surrounding Communities of Ghana: The Case of Newmont Gold
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· Once the company completes the expansion of its Ahafo mill in the second half of 2019, the mine’s average all-in sustaining costs are expected to improve by between US$250 and US$350 per oz
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· Newmont Goldcorp has announced its Ahafo Mill Expansion (AME) project in Ghana successfully processed its first ore and on track to achieve commercial production in the Q4 2019. The mill expansion will increase average annual gold production at the Ahafo mine by between 75,000 and 100,000 ounces for the first five years, beginning in
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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 Company has also called on the section of community farmers seeking new and additional land and crop
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· Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) announced plans to extend profitable production at its Ahafo operations by building a new underground mine and expanding plant capacity by more than 50 percent. The Subika Underground mine is expected to produce 1.8 million ounces of gold over an 11-year
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MAJOR OPERATING MINES IN GHANA List of major mining companies operating in Ghana and their details in case of references NO. Operating Mines Mineral Type Mine Location Website Address 1 AngloGold Ashanti (Ghana) Ltd Gold Obuasi www.anglogoldashanti.com 2 AngloGold Ashanti (Iduapriem)Ltd Gold Iduapriem
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· Newmont obtained the mining lease for Akyem in 2010 and began commercial production in 2013. Location: 111 miles northwest of Accra, Ghana Mine Type: Surface Metals Mined: Gold Annual Gold
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· Historic Mining-Industry Acquisition Sets the Standard for Gold and Copper Mining Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) today announced it has completed the acquisition of Newcrest Mining Limited to create the world’s leading gold company with robust copper production. This press release features
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· Newmont’s strategic divestiture plan includes the sale of Akyem alongside four other gold mines located in North America and one in Australia, aiming to amass $2 billion in cash through these sales. Akyem is a significant asset within Newmont’s portfolio, having produced 420,000 ounces of gold as of the end of 2022, according to the
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· Newmont to acquire all outstanding Goldcorp equity at an exchange ratio of 0.3280 of a Newmont share and $0.02 for each Goldcorp share. Goldcorp equity value of $10 billion, with premium, and enterprise value of $12.5 billion. A 17 percent premium based on Newmont’s and Goldcorp’s 20-day VWAP share prices as of January 11, 2019.
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The Gnaala Karla Booja (GKB) are the Noongar Native Title Claimants of the land where we operate the Boddington mine in Western Australia. Ninga Mia The Ninga Mia Village, which houses around 100 aboriginal
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2.2 The Role of Mining and Mining Economics. The contribution of the mining sector to Ghana's GDP has tripled from slightly less than 2% in 1991 to 6.3% in 2009 (5.9% in 2008). With a value of USD $2,551 million in 2009, gold represented 97.4% of Ghana's mineral exports and 43.4% of Ghana's total exports.
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· 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 cost between $750 to $850m. The development of the gold project is estimated to cost
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· Newmont has over the years performed exceptionally on the Ghana Club 100 listing. In 2016 and 2017, the Akyem mine was named twice as best company in Ghana. Ahafo mine also ranked 8th in 2016. In
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It expands Newmont’s existing footprint in Ghana with four open pit mines and a standalone mill located about 30 km from the Ahafo South operation. Ahafo North is
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· Newmont says the Akyem and Ahafo concessions are the only two cites in Ghana that account for 20 per cent of the company's core assets worldwide. But, Dr. Donkor says after months of pursuing the matter with all other relevant agencies, he is ready to become what he calls the "star witness" in a legal case against the firm.
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Newmont Suriname, LLC (previously known as Suriname Gold Company, LLC), a fully- owned subsidiary of Newmont Goldcorp Corporation, operates the Merian mine on behalf of Suriname Gold Project CV, a Suriname limited partnership. Newmont Suriname, LLC (“Newmont Suriname”) is the managing partner, owning a 75 percent interest in the
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:Newmont Company Accra GhanaNewmont Mining Ghana InvestmentAhafo Mine · US-based gold mining company Newmont has approved the advancement of the Ahafo North Project in Ghana into the execution phase. Comprising
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As the world’s leading gold company, Newmont's strategy is to create value for all shareholders and stakeholders through efforts to: Deliver superior operational execution by ensuring fatality risks are managed at
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About Newmont. Newmont is the world’s leading gold company and a producer of copper, silver, zinc and lead. The Company’s world-class portfolio of assets, prospects and talent is anchored in favorable mining
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· Newmont Ghana remains committed to providing fair and just compensation to eligible individuals projected to require relocation 01/16/2020 Kenyasi-January 16, 2020-Newmont Ghana’s Ahafo mine has reiterated its commitment to sustainable and responsible mining and says it will continue to carry out mitigation
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· Workplace Type: Hybrid-Remote/Onsite 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
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:Newmont CorporationNewmont GhanaAccra, 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
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1Newmont's Akyem operation is located in Ghana in the Birim North District of the Eastern Region, approximately 111 miles northwest of the capital city of Accra. Akyem, Ghana. Overview. Newmont obtained the mining lease
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· In collaboration with IUCN (International Union for Conservation of Nature), Newmont has released the Akyem mine site’s inaugural summary report as part of our collaborative agreement focused on achieving positive results for biodiversity conservation. Biodiversity is under increasing threat from human activities. One way to address the
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Accra, May 24, GNA-Newmont Ghana Gold Limited and Gold Fields Ghana Limited have signed an agreement to usher in a new era of mining responsive to the needs of
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:Newmont CorporationNewmont GhanaDale BentonNewmont’s presence in Ghana includes the Ahafo mine in the Ahafo region and the Akyem operation in the Eastern region near New Abirem. Africa. Ahafo – Ghana. Akyem – Ghana. Ahafo Mill Expansion – Ghana. Subika
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· Akyem is an open-pit gold mine located in Birim North District in the Eastern region of Ghana, the seventh biggest gold producing country in the world. 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
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:Newmont CorporationNewmont Mining Ghana Investment · 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 company in Ghana, with the Akyem
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· Response by Newmont: Public Eye Awards name Newmont "2009 Worst Company" over proposed mining project that critics say would displace thousands, pollute soil & rivers. 11 Feb 2009. Company Response.
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