Announced

Completed

Zijin Mining Group completed the acquisition of the Akyem operation of Newmont for $1bn.

Synopsis

Zijin Mining Group, a multinational mining company headquartered in mainland China, completed the acquisition of the Akyem operation of Newmont, a gold company and producer of copper, zinc, lead, and silver, for $1 billion. "The sale of Akyem represents continued progress on the non-core asset divestiture program announced in February, supporting our focus on the Tier 1 assets in Newmont’s portfolio that will drive sustainable growth and the return of capital to shareholders," Tom Palmer, Newmont President and CEO.

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MergerLinks - Zijin Mining Group completed the acquisition of the Akyem operation of Newmont for $1bn.