Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) has appointed its first Ghanaian Managing Director, Abdul-Rahman Amoadu, to lead the company’s business operations in Africa.
The appointment, effective 1 August 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.
Chief Operating Officer of Newmont, Natascha Viljoen, said, “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.”
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.
