Major mining companies, including Newmont, Kinross, and AngloGold Ashanti, are divesting non-core assets and focusing on core operations in West Africa.
1 report, 0 independent
Updated Jul 8
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What happened
Major mining companies, including Newmont, Kinross, and AngloGold Ashanti, are divesting non-core assets and focusing on core operations in West Africa.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Operational suspension at the Obuasi mine due to grade issues, flooding, and a fatality.Sub-event
- AngloGold Ashanti will acquire AMS's mining fleet, which operates at the Iduapriem Gold Mine in Ghana.Sub-event
- Mining giants are shedding non-core assets and sharpening operational focus in West Africa.
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The entities involved
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Ghana
country in West Africa
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Ashanti
American singer and songwriter (born 1980)
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Newmont Mining Corporation
American gold mining company based in Greenwood Village, Colorado. It is the world's largest gold mining corporation.
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Kinross Gold
company
Related events
- AngloGold Ashanti is increasing its strategic investment in Thesis Gold & Silver Inc., which is advancing a gold-silver project in the Toodoggone Mining District of British Columbia.
- Ghana is noted as a leading mining destination as IMRIG strengthens mineral resource governance.
- Kincora Copper is selling its Mongolian assets for US$10 million, while also completing drilling at Condobolin and securing partner funding.
- Newcore Gold Ltd. plans to fund exploration activities in Ghana.
Coverage
Newest first; wire copies grouped- Unknown outlet