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Market
Will Zijin Mining meet its 2025 output targets?
2
Resolution / Starting Odds
Yes • 50%
No • 50%
Zijin Mining's official financial reports or credible financial news sources
Story
Newmont Sells Ghana Gold Project to State-Owned Zijin Mining for $1 Billion in Cash
Oct 9, 2024, 01:36 AM
Newmont Corporation has agreed to sell its Akyem gold project in Ghana to China's state-owned Zijin Mining Group for $1 billion in cash. This transaction is part of Newmont's strategy to divest non-core assets and focus on its tier one assets. The sale is expected to bolster Zijin Mining's resources to meet its aggressive output targets. Treadstone and Citi have been tapped to facilitate the $1 billion sale.
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Another gold mine • 25%
Copper or other metal mine • 25%
Non-mining asset • 25%
No major acquisition • 25%
Another gold project • 25%
Copper project • 25%
Lithium project • 25%
Other mineral project • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Illegal mining activities • 25%
Environmental concerns • 25%
Regulatory hurdles • 25%
Other operational issues • 25%
