Which are "Newmont in Ghana" plays?
Newmont Mining (NEM) inherited several good properties in Ghana when it acquired Normandy a few years ago. Newmont then "discovered" what a great place Ghana is for finding gold. Now Newmont likes Ghana, and has declared it to be Newmont's next big area of endeavor. First it's concentrating on it's Yamfo-Sefwi (Ahafo) properties, but I surmise that Newmont is probably also looking for big (1-million-plus ounce) gold acquisitions in Ghana, especially near its existing properties or processors.
Maybe Red Back (RBI.V), Adamus (ADU on the ASX) and St. Jude (SJD.V) will come to Newmont's attention. Does anybody have any other suggestions for possible Ghanaian Newmont-fodder?
FL
