CAPITAL MARKETS

Two new ops for Newmont

NEWMONT Mining Corporation has achieved commercial production at the $US950 million ($A1 billion) Akyem gold mine in Ghana and the $175 million Phoenix copper leach project in Nevada.

Kristie Batten
Two new ops for Newmont

Both projects were on time and budget. At the end of September, Newmont had spent $920 million at Akyem. The open pit mine, 180km northwest of Accra, was expected to produce 350,000-450,000 ounces...

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