{"id":1114214,"date":"2022-06-08T06:38:51","date_gmt":"2022-06-08T06:38:51","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/06\/08\/newmont-sells-3500-ounces-of-gold-to-bank-of-ghana\/"},"modified":"2022-06-08T06:38:51","modified_gmt":"2022-06-08T06:38:51","slug":"newmont-sells-3500-ounces-of-gold-to-bank-of-ghana","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/06\/08\/newmont-sells-3500-ounces-of-gold-to-bank-of-ghana\/","title":{"rendered":"Newmont sells 3,500 ounces of gold to Bank of Ghana"},"content":{"rendered":"<p><\/p>\n<div style=\"font-size: 17px;\">\n                                                   Accra, June 7, GNA &#8211; Newmont says it has sold 3,500 ounces of gold to the Bank of Ghana under a domestic gold purchasing programme launched by the Central Bank in June 2021.<\/p>\n<div class=\"kMultiLine\"><img decoding=\"async\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/06\/1.21496203.jpg\" width=\"100%\" height=\"\" alt=\"\" title=\"\" class=\"kMediaObject\"\/><\/div>\n<div class=\"kMultiLine\">The objective of the Bank of Ghana&#8217;s gold purchasing programme was to increase its gold reserves.<\/div>\n<div class=\"kMultiLine\">The Bank, therefore, entered discussions with the Chamber or Mines about its intentions to purchase refined gold from mining companies in the country.<\/div>\n<div class=\"kMultiLine\">Newmont  said it engaged the Central Bank on the governance, compliance, risk and supply chain requirements associated with the deal and agreement was signed culminating in the  first sale of refined gold in May 2022.<\/div>\n<div class=\"kMultiLine\">Overall, the Central Bank is seeking to buy from the mining companies 10,000 ounces of gold annually over the next four to five years.<\/div>\n<div class=\"kMultiLine\">Newmont has pledged to provide 30 per cent of the required amount annually based on its market share within the mining industry in Ghana.<\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Accra, June 7, GNA &#8211; Newmont says it has sold 3,500 ounces of gold to the Bank of Ghana under a domestic gold purchasing programme launched by the Central Bank in June 2021. The objective of the Bank of Ghana&#8217;s gold purchasing programme was to increase its gold reserves. The Bank, therefore, entered discussions with [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1114216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[557,85,430,16227,16654,7376],"class_list":["post-1114214","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-bank","tag-ghana","tag-gold","tag-newmont","tag-ounces","tag-sells"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1114214","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1114214"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1114214\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1114214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1114214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1114214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}