PI Global Investments
Gold

Newmont’s (NEM) Akyem Ghana Gold Mine Draws Chinese Interest


Newmont Corp. has kicked off the sale of its Akyem gold mine in Ghana, which is attracting interest from potential bidders including Chinese producers amid soaring prices for the metal, people with knowledge of the matter said.

Newmont is working with Citigroup Inc. on the disposal and they have started sounding out prospective suitors, according to the people. Shandong Gold Mining Co. and Zijin Mining Group Co. are among companies showing early interest in the asset, the people said, asking not to be identified because the information is private.



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