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  • Six feared dead at Newmont Ghana's Ahafo Mill Expansion

    Apr 08, 2018"The entire Newmont family is devastated by this tragic accident and our priority is to provide support to the families, friends, and co-workers of the deceased," said Alwyn Pretorius, Regional Senior Vice President of Newmont's Africa Operations. Newmont has since suspended operations at the Ahafo Mill Expansion project site.

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  • Newmont Enhances Portfolio With Approval of Ahafo North

    Jul 15, 2021Located approximately 30 kilometers north of Newmont's existing Ahafo South operations, the Ahafo North Project will include four open pit mines and the construction of a stand-alone mill. Production from the mine will average approximately 275,000 to 325,000 gold ounces with all-in sustaining costs 1 of $600 to $700 per ounce for the first

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  • On track to meet full

    the current development capital project Tanami Expansion 2 has been approved and the project is in execution stage. The Company has included the Ahafo North and Yanacocha Sulfides projects in its long-term outlook as the projects are scheduled to be approved for full funding in 2021.

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  • Newmont enhances portfolio with approval of Ahafo North

    Jul 20, 2021Located approximately 30 kilometers north of Newmont's existing Ahafo South operations, the Ahafo North project will include four open pit mines and the construction of a stand-alone mill. Production from the mine will average approximately 275,000 to 325,000 gold ounces with all-in sustaining costs of US$600 to US$700 per ounce for the first

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  • Newmont Mining adds profitable gold production through

    Apr 27, 2017The expansion supports more efficient processing of harder, lower grade ore from existing surface mines, as well as Ahafo's stockpiles and the Subika underground mine. Newmont Mining expects first gold production at the mill expansion in the first half of 2019 and commercial production in the second half of 2019.

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  • Mining News

    Ahafo North (Africa) expands our existing footprint in Ghana with four open pit mines and a stand-alone mill located approximately 30 kilometers from the Company's Ahafo South operations. An investment decision is expected in the first half of 2021 and the project is expected to add 300,000 ounces per year with all-in sustaining costs between

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  • Newmont Mining To Expand Ahafo Operations In Ghana_SMM

    Apr 21, 2017The Ahafo mill expansion will increase annual mill capacity by 50% to nearly 10 million tonnes by adding a crusher, grinding mill and leach tanks to the circuit, Newmont said. The expansion supports more efficient processing of harder, lower-grade ore from existing surface mines, as well as Ahafo's stockpiles and the Subika underground mine.

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  • Newmont (NEM) Suspends Operations at Ahafo After Accident

    Apr 09, 2018Newmont's shares have gained 13.5% over a year, The Subika Underground and Ahafo mill expansion projects represent additional upside. Commercial production at Subika is expected in the

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  • Newmont reports $69 million in net income

    Apr 25, 2017Funding for the Tanami Expansion Project, Subika Underground, and Ahafo Mill Expansion has been approved. The remaining projects represent incremental improvements to production and cost guidance.

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  • Newmont commissions $175m Ahafo mill

    Oct 17, 2019Newmont Goldcorp has commissioned its $175 million Ahafo mill expansion project in Ghana. The expanded mill is expected to increase Ahafo's average annual gold production to between 550,000 and 650,000 ounces per year through 2024 while lowering life-of-mine processing costs. "The Ahafo Mill Expansion represents our third profitable project delivered on schedule and within budget

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  • Newmont's Ahafo gold mine, Ghana

    Feb 25, 2016(4) Newmont reveals Ahafo underground mine, mill expansion plans to lift output 50%, 21/04/2017 [click to view] Newmont to undertake underground mining, 30/09/2010 [click to view] Women in Ghana Battle a U.S.-Owned Gold Mine for Land and Livelihood, Mining giant Newmont has been seizing farms and dumping cyanide into waterways, 14/12/2017

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  • Newmont Mining: Upside to Its Project Pipeline

    Feb 26, 2019The work at Newmont Mining's Ahafo Mill Expansion is ramping up. The project is expected to reach commercial production in the second half of 2019. Newmont Mining's Tanami Power project in

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  • Newmont Ghana charged compensation for sub

    Jun 05, 2018Meanwhile, Newmont Ghana Limited says it will address all findings outlined in the investigative committee's report on its Ahafo mine expansion project. According to the company's Regional Senior Vice President for Newmont Africa, Alwyn Pretorius, the firm will work to prevent the incident from recurring.

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  • Public hearing on Newmont's Ahafo proposed expansion

    May 10, 2015Mr. Tommie Van Der Walt, Newmont's Project Study Director for the Public Hearing, indicated that the project on its commencement would increase Newmont Ahafo Mine's annual production to around 400,000-500,000 ounces.

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  • Newmont Ghana Welcomes Completion Of Minerals Commission

    Jun 05, 2018A tragic construction accident occurred at Newmont's Ahafo Mill Expansion project in Ghana on 7 April 2018. A contractor construction crew of eight people was working inside a surface reclaim facility when the roof collapsed during the placement of concrete. Of these eight, two escaped with minor injuries.

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  • Newmont's Lack Of Acquisitions Has Been Frustrating (NYSE

    Oct 10, 2014Will Newmont's Current Mines Experience Another Decline? Long Canyon, Merian, the Ahafo mill expansion and the Subika underground mine can add at minimum 650,000 ounces of production per year by 2017.

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  • Newmont achieves commercial production at Subika

    Nov 27, 2018Combined with completion of the Ahafo Mill expansion project expected in the second half of 2019, Ahafo's average annual all-in sustaining costs (AISC) 1 are projected to improve by between US$250 - US$350/oz compared to 2016. The project has an

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  • Newmont starts commercial production at Ahafo mill expansion

    Oct 15, 2019Newmont Goldcorp (NEM-0.8%) says its $175M Ahafo mill expansion project in Ghana has achieved commercial production, becoming the third project

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  • Newmont's Subika underground in Ghana starts commercial

    Nov 26, 2018Once the company completes the expansion of its Ahafo mill in the second half of 2019, the mine's average all-in sustaining costs are expected

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  • Newmont's five

    Dec 09, 2020In Africa, the Ahafo North project would expand the company's footprint in Ghana with four additional open pits and a mill, 30 km of the existing Ahafo South operations. With an investment decision expected in the first half of next year, the development would add 300,000 gold oz. a year at AISCs of US$600 to US$700 per oz. in the first five

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  • Proposed Newmont Ahafo North project to produce 260,000 oz

    Jan 13, 2020The mill expansion will increase average annual gold production at the Ahafo mine by between 75,000 and 100,000 ounces for the first five years, beginning in 2020, with mill capacity expanding by more than 50 percent through the addition of a crusher, grinding mill and leach tanks. The project is expected to deliver an internal rate of return

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  • Newmont Goldcorp's Ahafo Mill Expansion in Ghana Achieves

    Oct 15, 2019Newmont Goldcorp's Ahafo Mill Expansion in Ghana Achieves Commercial Production Business Wire DENVER -- October 15, 2019 Newmont Goldcorp Corporation (NYSE: NEM, TSX: NGT) (Newmont Goldcorp or

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  • Newmont Expands Production at Ahafo in Ghana

    Apr 20, 2017The mill expansion should improve margins and support profitable production at Ahafo through at least 2029, it said. The projects have been optimized to improve internal rates of return of more than 20% at a $1,200 per oz gold price, the company reported. Newmont received its environmental permit to build and operate Subika Underground in March

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  • Newmont Announced Notable Progress on Ghana Gold Mine Project

    Jul 19, 2021The Ahafo North Project comprises development of four open pit mines along with construction of a stand-alone mill. The mine production is expected to average at around 275,000 to 325,000 ounces of gold for the initial five-year period. The company expects the total capital costs for the project at around $750-$850 million.

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  • Report: Newmont seeks cause of Ahafo mine collapse

    Jun 05, 2018Newmont Ghana has said it welcomes the completion of the Minerals Commission's investigation into the "tragic" construction accident at the Ahafo Mill Expansion (AME) project on 7 April 2018. The Inspectorate Division of the Minerals Commission submitted its findings to the Minister of Lands and Natural Resources, who, in turn publicly

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  • Newmont Corporation's (NEM) CEO Tom Palmer on Q2 2021

    Jul 22, 2021Newmont Corporation (NYSE:NEM) Q2 2021 Earnings Conference Call July 22, 2021 10:00 AM ET. Company Participants. Eric Colby - VP of IR. Tom Palmer - President and CEO. Rob Atkinson - EVP and COO

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  • Experienced Newmont Leader Appointed at Peasquito

    Aug 25, 2020Bernard Wessels brings a long and successful track record of operational delivery to Peasquito having managed Newmont's Ahafo mine in Ghana since 2017. During his time at Ahafo, Bernard delivered the Ahafo Mill Expansion project on budget and is advancing the improved mining method at Subika Underground which will increase production

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  • Milestone achieved at Newmont Goldcorp's Ghana mill

    Sep 03, 2019The Ahafo Mill Expansion project in Ghana successfully processed its first ore and is on track to achieve commercial production in the fourth quarter of 2019, said Newmont Goldcorp in a news release from today.

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  • Newmont Enhances Portfolio With Approval of Ahafo North

    Jul 15, 2021Located approximately 30 kilometers north of Newmont's existing Ahafo South operations, the Ahafo North Project will include four open pit mines and the construction of a stand-alone mill.

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  • Ahafo Mill Expansion in Ghana Processes First Ore

    The expansion project at the Ahafo mill (above) will increase average annual gold production by 75,000 oz-100,000 oz. Newmont Goldcorp announced that the Ahafo Mill Expansion (AME) project in Ghana successfully processed its first ore and is on track

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  • Newmont Goldcorp's Ahafo Mill Expansion in

    Oct 15, 2019Newmont Goldcorp (NYSE:NEM) said today its $175-million Ahafo Mill Expansion in Ghana achieved commercial production. Combined with the Subika Underground, the company said that the mill expansion is expected to increase Ahafo's average annual gold production to between 550,000 and 650,000 ounces per year through 2024, while lowering life-of

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  • Newmont Goldcorp processes first ore at Ahafo mill in Ghana

    Newmont Goldcorp has processed first ore at its Ahafo Mill Expansion (AME) project in Ghana, with commercial production expected in the fourth quarter of this year. The expansion project is expected to increase average gold production at the Ahafo mine by between 75,000 and 100,000oz a year for the first five years, starting next year.

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