trending Market Intelligence /marketintelligence/en/news-insights/trending/HypdwWV5MXYv_VUp3o88SQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Newmont Goldcorp's Ahafo expansion hits commercial production

Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019

Essential Metals & Mining Insights - September 2020

Essential Metals & Mining Insights - August 2020

State of the Market: Mining Q2-2020

Newmont Goldcorp's Ahafo expansion hits commercial production

Newmont Goldcorp Corp. said a US$175 million expansion of its Ahafo gold operations in Ghana reached commercial production, with expectations that it would lower costs and boost output.

Newmont expanded the Ahafo mill by 50% and estimated that gold output would climb to between 550,000 and 650,000 ounces per year on average until about 2025. The company announced the expansion in 2017.

The growth project pulls in ore from Ahafo's open pits and the Subika underground mine, where Newmont declared commercial production in November 2018.

"The mill expansion is expected to generate an internal rate of return of more than 20% at a US$1,200 gold price, while also extending profitable production at Ahafo through at least 2029," Newmont President and CEO Tom Palmer said in an Oct. 15 statement.

Newmont said sales from the operation in 2018 were 436,000 ounces of gold with all-in sustaining costs of US$864 per ounce.