TITLE

Newmont to cut additional 500 to 600 jobs at Ghana mine

PUB. DATE
February 2014
SOURCE
World Mining News;2/25/2014, p1
SOURCE TYPE
Newswire
DOC. TYPE
Article
ABSTRACT
The article reports on the plans of the company Newmont Mining to cut 600 jobs at its Ghana gold mine by June 2014. According to Newmont's external affairs director Adiki Ayitevie, the decision has been taken in an effort to readjust expenditures to the increasing milling rate. He added that the company has negotiated packages for those who will be affected by the job cuts.
ACCESSION #
94762094

 

Related Articles

  • Newmont to cut additional 500 to 600 jobs at Ghana mine.  // African Business News;2/25/2014, p21 

    The article reports that Newmont Mining Corp. is planning to layoff 600 employees from its gold mine in Ghana by June 2014. Adiki Ayitevie, external affairs director at the company, states that the layoff is for readjusting expenditures and the company is working on packages for employees who...

  • Newmont to develop second gold mine in Ghana.  // Mining Engineering;Sep2005, Vol. 57 Issue 9, p11 

    Reports on the plan of Newmont Mining to proceed with the development of its proposed Akyem gold project in Ghana in 2005. Cost of the project; Percentage ownership of Newont Mining in the project; Capacity of the mine.

  • Geologists add value at Newmont's Nevada mines -- part one. Schutz, Leroy; McEvers, Lloyd; Saderholm, Eric; Clarke, Lori; Trudel, Wayne; Bolin, Charles Lynn // Mining Engineering;Jul2004, Vol. 56 Issue 7, p19 

    Explores the importance of mine geologists to the operations of the Nevada mines of Newmont Mining Corp. Role of Newmont mine geologists in value creation through near-mine discovery, development and reserve conversion; Impact of the investment of technical research on reconciliation...

  • Newmont Sells Ovacik to Turkish Conglomerate.  // Engineering & Mining Journal (00958948);Apr2005, Vol. 206 Issue 3, p18 

    This article presents information related to Newmont Mining Corp. that has sold its Ovacik gold mine in western Turkey to a subsidiary of Koza Davetiye, a listed Turkish conglomerate. Consideration for the transaction included $20 million paid at closing, plus various contingent payments that...

  • Newmont to proceed with Boddington redevelopment.  // Mining Engineering;Apr2006, Vol. 58 Issue 4, p13 

    The article reports that Newmont Mining and AngloGold Ashanti gave the approval to redevelop Australia's Boddington gold mine. Newmont Mining holds a 66.7- percent stake in the project after buying Newcrest Mining's interest for $166 million. AngloGold Ashanti holds the remaining 33.3 percent....

  • Indonesia to Charge Newmont Executive.  // Engineering & Mining Journal (00958948);Jul/Aug2005, Vol. 206 Issue 6, p8 

    This article reports on the intention of the Indonesian government to press criminal charges against a unit of U.S.-based Newmont Mining Corp. and its American President Director, Richard Ness, over alleged pollution from its Sulawesi gold mine. The company, however, has denied that it caused...

  • IFC funds approved for Newmont's Ahafo development.  // Mining Engineering;Mar2006, Vol. 58 Issue 3, p26 

    Reports on the approval of a $125 million financing package to assist Newmont Mining to fund the 85 percent-owned Ahafo Mine, by the International Finance Corp (IFC). Amount of fund to be provided by the IFC to Newmont's Ahafo mine development in Ghana; Expected annual output of gold to be...

  • Newmont Achieves Commercial Production at Merian Gold.  // Engineering & Mining Journal (00958948);Nov2016, Vol. 217 Issue 11, p8 

    The article reports on the move of the mining company Newmont Mining to pour the first gold and declared commercial production at its open-pit gold project in Suriname on October 1, 2016. It offers details of the operation in which the government of the country holds a fully funded 25 percent...

  • Mining projects in Peru could be restarted.  // Mining Engineering;Oct2013, Vol. 65 Issue 10, p8 

    The article focuses on the statement issued by Peruvian Minister of Energy and Mines Jorge Merino that some mining projects in the country might be restarted, speaking at the Perumin conference in Arequipa in 2013. The minister said that Newmont's 4.8 billion dollar Conga gold project and the...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics