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Posted By OrePulse
Published: 27 Nov, 2024 11:36

Ghana MIIF in Talks to Acquire Stake in Akyem Gold Mine

By:Energycapitalpower

The announcement comes as Newmont agreed last month to sell its 100% ownership of the mine to Zijin Mining Group for a consideration of up to $1 billion.

“We are still talking with Zijin and Newmont on us having a stake in that particular mine,” stated MIIF CEO Edward Nana Yaw Koranteng.

Koranteng added that the group is also looking at diversifying its investments in the Ghanian mining industry to include critical minerals, with a specific focus on graphite.

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