What's Happening?
Newmont Corporation has announced that its Ahafo North project in Ghana has achieved commercial production. This milestone follows the first gold pour on September 19, 2025, and marks the completion of extensive infrastructure construction and workforce
development initiatives. Ahafo North is expected to produce approximately 50,000 oz of gold in 2025, with production ramping up through 2026 to achieve full operational capacity. The project is positioned to deliver between 275,000 and 325,000 oz of gold annually over a 13-year mine life.
Why It's Important?
The commercial production at Ahafo North represents a significant achievement for Newmont and its stakeholders. It demonstrates the company's commitment to operational excellence and creates enduring value for investors, communities, and host governments. The project expands Newmont's footprint in Ghana, generating substantial economic opportunities and employment. As a cornerstone asset in Newmont's global portfolio, Ahafo North strengthens the company's position in the gold mining industry.
