China’s Zijin Mining seals $1bn acquisition of Ghana’s Akyem Gold Mine in global expansion push

• Chinese major gains a 40‑tonne‑a‑year asset as bullion prices climb
• Accra hopes the move will spur investment but insists on local benefits

Accra, Ghana – Chinese miner Zijin Mining Group has completed its $1 billion acquisition of Newmont’s Akyem gold mine in eastern Ghana, strengthening both its global expansion drive and the West African nation’s standing as the continent’s top bullion producer. The transaction closed on 16 April after all conditions were met, Zijin said.