Newmont Corporation announced the sale of its Akyem Mine located in the Birim North District to Zijin Mining Group Ltd.
on 8th October, 2024 as part of its previously announced decision to divest six of its global operations that no longer fit the company's strategic focus on Tier 1 assets.
The Tier 1 assets refer to mines that have scale, low-cost profile, long mine life, and are located in favourable mining jurisdictions.
The announcement of the Akyem sale has generated intense public discussion and attention from Civil Society Organisations, mining industry players and the host communities of the Akyem Mine.