Zijin Mining Group to acquire the Akyem operation of Newmont for $1bn.

Zijin Mining Group, a multi-national mining company headquartered in mainland China, agreed to acquire the Akyem operation of Newmont, a gold company and a producer of copper, zinc, lead, and silver, for $1bn. "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.