Newmont Corporation (NYSE:NEM) has reportedly initiated the sale of its Akyem gold mine in Ghana, drawing interest from Chinese producers due to rising gold prices.
Newmont, headquartered in Denver, has engaged Citigroup, Inc. (NYSE:C) for the sale and has begun reaching out to potential buyers, Bloomberg reported.
Shandong Gold Mining Co. and Zijin Mining Group Co. are among the companies expressing initial interest in the asset, according to the report, citing people familiar with the matter.
Chifeng Jilong Gold Mining Co. is also evaluating Akyem, while Australian miner Perseus Mining Ltd. expressed interest in the asset last month, Bloomberg ...