Newmont Corporation has officially commenced commercial production at its Ahafo North mine in Afrisipakrom, Ghana, marking a major milestone in the company’s operations and in West Africa’s mining sector.
The achievement follows the mine’s first gold pour on September 19, 2025, and the successful completion of infrastructure, processing facilities, and workforce development programs. The Ahafo North project is considered one of the region’s most significant recent mining developments.
“Achieving commercial production at Ahafo North represents a significant milestone for Newmont and our partners in Ghana,” Tom Palmer, Chief Executive Officer of Newmont said in a statement.
“This new world-class operation demonstrates our commitment to operational excellence while creating enduring value for our investors, communities, host governments and all our stakeholders in this premier mining jurisdiction. It’s rare in our industry to see a new mine come to life within a single career. I’m incredibly proud of what our teams have achieved and honoured to have been part of this project from the very beginning.”
Located about 50 kilometres from Newmont’s existing Ahafo South mine, the new site is expected to produce approximately 50,000 ounces of gold in 2025. Production will increase through 2026 as the mine ramps up to full capacity, with an estimated output of between 275,000 and 325,000 ounces annually over the next five years. The project has a projected 13-year mine life, positioning it as a cornerstone asset in Newmont’s global operations.
The Ahafo North mine represents Newmont’s third major investment in Ghana and its second operational site following the divestment of the Akyem mine earlier this year. The company’s expanded operations now include four open-pit mines and a standalone mill, reinforcing Ghana’s position as one of Africa’s leading gold producers.
The project has also generated substantial economic benefits, including approximately 4,500 contracted jobs during its construction phase, and the creation of around 560 permanent and 1,000 contracted positions for ongoing operations.
Newmont, the world’s leading gold company and a producer of other metals including copper, zinc, lead and silver, operates in key mining jurisdictions across Africa, Australia, Latin America, North America, and Papua New Guinea. The company, listed on the S&P 500 Index, is known for its strong environmental, social and governance standards, as well as its emphasis on safety and sustainable development.
With Ahafo North now in commercial production, Newmont is set to strengthen its long-term investment in Ghana’s mining industry while supporting local communities and advancing responsible resource development.
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