Ahafo south Project |
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Ahafo south |
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Country |
Ghana
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Status |
PRODUCTION
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Surface |
1,608 km² / 397,337 acres |
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Mining District |
Kenyasi Nal |
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Legends
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Risk and valuation analysis of the Ahafo south Project |
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Title(s) of the Ahafo south Project |
| Newmont Mining Corp Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Newmont acquired these projects as part of the Normandy Mining acquisition in February 2002.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. |
| Franco Nevada Corp. Net Smelter Return: 2% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Franco Nevada purchased in Nov 2009 the 2% NSR on Ahafo South from Moydow Mines |
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Location of the Ahafo south Project |
In the Brong Ahafo Region of western Ghana in
West Africa, about 180 miles (300 kilometers)
northwest of the capital city of Accra.
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History of the Ahafo south Project |
Over the past two years, Newmont has significantly advanced the Ahafo project as part of its new core district of operations in Ghana.
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Geology of the Ahafo south Project |
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To date, 11 ore bodies have been defined with significant potential for further discoveries and extensions to the known deposits at depth and along strike.
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Data last updated on : 12/31/2005
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Disclaimer
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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.
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