Chinese multinational mining giant Zijin Mining Group Co., Ltd.

has officially completed the $1 billion acquisition of the Akyem Gold Mine Project in Ghana from U.S.-based Newmont Corporation.

The landmark deal marks a significant change in the ownership of one of Ghana's leading gold-producing operations and is part of Zijin's broader strategy to strengthen its presence in the global gold mining sector.

In a statement issued on 16 April 2025, Zijin announced that all conditions outlined in the agreement had been satisfied or waived, paving the way for the deal's completion.