Newmont Ghana Gold LTD #41599

Created at
2019-10-29
Last update
2020-07-20

2 Parents (Involvements as child)

Name
Newmont Goldcorp
Country of registration/origin
United States of America
Classification
Stock-exchange listed company

Relationship
Parent company
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Ownership share
100.00 %
Comment
Parent started owning 50% in 2002 then in 2003 they bought out the other investor (Normardy)
Name
International Finance Corporation (IFC)
Country of registration/origin
United States of America
Classification
Multilateral Development Bank (MDB)

Relationship
Tertiary investor/lender
Investment type
Debt financing
Loan amount
125 000 000
Loan date
2006
Comment
Loan amount in US$ and was paid in full in 2015.

0 Children (Involvements as parent)

1 Deals (Involvements as Operating company)

Target country
Ghana
Current intention of investment
Mining
Current negotiation status
Concluded (Contract signed)
Current implementation status
In operation (production)
Deal size
55 000 ha