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Zijin Mining completes $1bn Ghana gold mine acquisition

August 2, 2025 at 05:25 AM UTCBy FilingReader AI

Zijin Mining Group completed its $1 billion acquisition of Ghana's Akyem gold mine after the country's parliament ratified the mining leases.

The Chinese company made a final $100 million payment to Newmont Corporation on July 31, finishing the deal. The mine's leases run until 2030 and 2037 respectively.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:601899Shanghai Stock Exchange
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