Ge Long Hui·2025-08-01 09:56Core Viewpoint - Zijin Mining has successfully acquired the Akyem gold mine in Ghana, with significant economic benefits expected from the operation and production of the mine [1][2]. Group 1: Acquisition Details - The Ghanaian Parliament has approved the mining leases for the eastern and western regions of the Akyem gold mine, valid until January 18, 2037, and January 18, 2030, respectively [1]. - The total transaction price for the acquisition from Newmont Corporation is $1 billion, with an initial payment of $900 million at closing and a remaining $100 million due after parliamentary approval of the eastern lease [1]. - The actual initial payment made was $888 million after adjustments for cash and operating funds, and the remaining $100 million was paid on July 31, 2025 [1]. Group 2: Operational Performance - The Akyem gold mine has been operating smoothly since the acquisition, with equipment in good condition and production metrics meeting expectations [2]. - The mine is expected to contribute to the company's output and profits in the year of acquisition, with significant economic benefits anticipated [2]. - The company plans to enhance resource reserves, service life, and gold production through further exploration, economic and technical evaluations, and technological upgrades [2].