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newmont

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    some infos out of the world wide web:

    Newmont keen to expand mining in west Africa the world's second largest gold miner, is casting its net wider in west Africa after establishing a successful mine in Ghana, the head of its Africa division said. Newmont entered West Africa in 2002. To date, the most successful projects are the Ahafo and Akyem districts in Ghana. Newmont focuses about half of its global exploration budget on orogenic gold deposits including more than $14 M in West Africa for 2009. This is consistent with the Corporations view that the Paleo-proterozoic Birimian Shield of West Africa is one of the worlds most prospective orogenic terranes for gold deposits. The Birimian Shield consists of metasedimentary and volcanic sequences that are intruded by mafic to felsic intrusions. Mafic volcanic and sub-volcanic intrusions occur dominantly in the eastern portion of the shield in Ghana and parts of Cote dIvoire and Burkina Faso.
 
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