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Akyem Project
Akyem
Country Ghana 
Status MINE DEVELOPMENT 
Surface 1,536 km² / 379,546 acres
Latitude / Longitude 6 N 22 / 0 W 54 Mining District Abirem
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Risk and valuation analysis of the Akyem Project
Status Risk : Mine development
Country Risk : Light
Resource Risk : 80.00%
In situ value
10,556,232,254 $
Title(s) of the Akyem Project
Newmont Mining Corp
Owner: 100%
Company ProfileAll ProjectsCompany website
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
Newmont has 100% interest. However, the government of Ghana is entitled to receive 10% of the project’s net cash flow after Newmont has recouped its investment.
Location of the Akyem Project
Akyem is Newmont's second project in Ghana.In the Birim North District in the eastern region of Ghana, in West Africa, about 80 miles northwest of the capital city, Accra.
 
History of the Akyem Project
Akyem will be Newmont’s second green\fields project in Ghana. Board of Directors approval in July 2005 allowed engineering, procurement, and project development to proceed based on a feasibility study completed in first quarter of 2005. In January more...
 
Reserves and resources of the Akyem Project
TonnageGradeReserves and resources
GoldGold
g/toz
 Probable147,000,0001.62 7 656 379
 Proven and Probable147,000,0001.62 7 656 379
 Total 147 000 000 7 656 379
Definitions
Reserves and resources of the Akyem Project
MetalTotalReservesMineralized MaterialUnitIn situ value
ProvenProbableProven and ProbableMeasuredIndicatedMesured and IndicatedInferred
 Gold 7 656 379 7 656 379 7 656 379 oz10 446 363 218 US$
Location
Data last updated on : 12/31/2007
Disclaimer
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources