Tag: Newmont
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Newmont, others fined $ 2.7m over Ahafo mines accident
A committee set up by the Ministry of Lands and Natural Resources to investigate the Ahafo Mines accident which left six people dead and four others injured has directed that Newmont Ghana Gold Limited be fined US$500,000 for negligence. The company will also been fined US$10,000 for failing to ensure that DRA Company Limited, the…
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Newmont tops Ghana Club 100 rankings
Newmont Golden Ridge Limited has been crowned as the number one company at this year’s edition of the Ghana Club 100 awards. The company beat off competition from over ninety other companies to assume the coveted position. This is the second time the mining company has assumed the coveted position. Aside winning the topmost award…
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Mining firms reduce targets for gold prices
Gold mining companies have disclosed that the declining price of gold on the international market has compelled them to adjust their operational strategy and forecast. The businesses also explain that the development has made them reduce their revenue expectations for their operations. The price of gold on the international market has been declining for some…
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Kenyasi residents strike over ‘no jobs’ at Newmont
Some angry youth in Kenyasi in the Brong Ahafo Region on Tuesday, August 1, 2017 blocked all roads leading to and from the community. They were demonstrating against mining company, Newmont, and demanding immediate employment. The irate youth also say they are unhappy about the company’s alleged pollution of some water bodies and the destruction…