Newmont’s divestment of Akyem to China’s Zijin Mining, US$900m payable on closing plus US$100m on satisfaction of conditions, was one of Africa’s largest gold M&A deals of 2024–25 and a defensive consolidation move by Ghana’s gold sector, clearing Newmont’s portfolio for its Ahafo North build. DealMakers ranked it among the ten largest African transactions of 2025. Akyem, Ghana’s third-biggest gold mine, passed from a US major to China’s biggest gold producer, with Newmont’s own Ghana future now concentrated at Ahafo.
Value: Up to US$1bn (verified against public announcements).
Advisers: No legal adviser is identified in the public record reviewed by The Meridian.
Recorded by The Meridian research desk from public announcements, regulatory filings and financial press coverage. Dates and values are as publicly reported.
