Newmont To Sack Over 400 Workers In 2016

Newmont To Sack Over 400 Workers In 2016

Authorities of Newmont Gold Ghana Limited (NGGL) has revealed plans to lay-off over 400 workers following what they explain are measures to cut down costs of the company as the price of gold on the world market drastically falls.

Despite the emergence of Ghana as commercial oil and gas producer, and the firming up of both cocoa prices and its production, mining remains easily the country’s biggest foreign exchange earner, generating US$5,643.3 million in 2012; this roughly matching the combined contributions of cocoa and of oil and gas put together

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