Newmont Pours First Gold at Ahafo North Project in Ghana, Commercial Output Set for Q4 2025
Gold producer Newmont has poured its first gold at the Ahafo North project in Ghana, marking a major milestone on September 19, 2025, as the company advances toward commercial production in the fourth quarter of this year.
“The first gold pour at Ahafo North represents a major operational milestone that validates years of careful planning, engineering, and construction, and builds on the strength of our world-class portfolio,” said Newmont CEO Tom Palmer.
“As we progress toward commercial production, we remain focused on generating enduring value for our shareholders, workforce, host communities, and the government of Ghana.”
Ahafo North is expected to produce 275,000 to 325,000 ounces of gold annually over a 13-year mine life. The project has already generated about 4,500 contracted jobs during development and will support around 560 permanent positions and 1,000 contracted roles once fully operational.
The mine will also contribute royalties, taxes, fees, and local development programs, reinforcing its economic value to Ghana.
Strategic Location and Portfolio Significance
Located at Afrisipakrom, about 30 km from Newmont’s Ahafo South operations, Ahafo North lies within the broader Ahafo lease acquired from Normandy Mining in 2002.
The development marks Newmont’s third mining investment in Ghana. Following the divestment of the Akyem mine earlier in 2025, Ahafo North will become the company’s second active operation in the country.
