Newmont appoints first Ghanaian Managing Director for Africa

Newmont Corporation has appointed its first Ghanaian Managing Director, Abdul-Rahman Amoadu, to lead the company's business operations in Africa. In a statement copied to the Ghana News Agency (GNA), Newmont said the appointment would take effect on August 1, 2024.The appointment marked a significant milestone in Newmont's history on the continent, where the company has two operating mines, notably 'Akyem' and Ahafo South mines, the Ahafo North project in Ghana, as well as joint venture exploration projects in other parts of Africa. Mr. Natascha Viljoen, Chief Operating Officer of Newmont, said that given Mr. Rahman's extensive management background in finance, operations, and international trade, along with his global experience and familiarity with the African continent, he was uniquely qualified to lead the business in Africa as they build a premier mining portfolio.Prior to this appointment, Mr. Rahman was the Managing Director of Newmont's Yanacocha mine in Peru, the statement said. The sta tement said he also previously served as the South America Regional Chief Finance Officer and Africa Regional Chief Finance Officer of the company. 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, the statement noted. Before joining Newmont, Mr. Rahman had a long and successful career at Maersk, working across Africa and Europe in senior management roles, the statement said. 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. It is currently the largest gold producer in Ghana and the biggest employer in the mining sector. Source: Ghana News Agency