Newmont Appoints First Ghanaian Managing Director for Africa
Newmont has appointed its first Ghanaian Managing Director, Abdul-Rahman Amoadu, to lead the company’s business operations in Africa.
The appointment, effective August 1, 2024, marks a significant milestone in Newmont’s history on the continent, where the company has two operating mines (Akyem and Ahafo South mines) and a project (Ahafo North project) in Ghana, as well as joint venture exploration projects in other parts of Africa.
“Given Rahman’s extensive management background in finance, operations, and international trade, along with his global experience and familiarity with the African continent, he is uniquely qualified to lead our business in Africa as we build a premier mining portfolio,” said Chief Operating Officer of Newmont, Natascha Viljoen.
Newmont has been operating in Africa for nearly two decades, beginning commercial production in 2006 with the Ahafo South mine, and subsequently the Akyem mine in 2013, and is currently the largest gold producer in Ghana and biggest employer in the mining sector.
The appointment of Rahman comes at a time when Newmont is actively progressing its Ahafo North project, which will be Newmont’s third mine in Ghana.
Prior to this appointment, Rahman was the managing director of Newmont’s Yanacocha mine in Peru, having also served previously as the South America Regional chief finance officer and Africa Regional chief finance officer.
Before joining Newmont, Rahman had a long and successful career at Maersk, working across Africa and Europe in senior management roles.
Source: Business Week Ghana
Newmont is the world’s leading gold company and a producer of copper, zinc, lead, and silver. The company’s world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social, and governance practices. Newmont is an industry leader in value creation, supported by robust safety standards, superior execution, and technical expertise. Founded in 1921, the company has been publicly traded since 1925.
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