Zijin Mining Group Co. Ltd. completes acquisition of Akyem Gold Mine project in Ghana

Zijin Mining Group Co., Ltd. has completed the acquisition of the Akyem Gold Mine Project in Ghana.

This follows their announcement on 9 October 2024. They proposed to acquire a 100% interest in the mine from Newmont Corporation through a wholly owned subsidiary.

All conditions in the agreement have been met or waived. The transaction closed on 16 April 2025 (Beijing time).

The Akyem Gold Mine is located in a major gold region. It features thick ore bodies with good mineralisation continuity.

Currently, it operates as an open pit mine. The processing plant has shown stable operations and well-maintained equipment.

The mine uses a conventional carbon-in-leach process. Its designed processing capacity is 8.5 million tonnes per year. From 2021 to 2024, it produced gold amounts of