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Gold demand of 973.5t was the lowest Q1 since 2008. The main cause was a fall in investment demand for gold bars and gold-backed ETFs, partly due to range-bound gold prices. Jewellery demand was steady at 487.7t, as growth in China and the US compensated for weaker Indian demand. Central banks bought 116.5t of gold (+42% y-o-y).

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Oct 15, 2019  Combined with the Subika Underground, which was successfully completed in November 2018, the mill expansion is expected to increase Ahafo’s average annual gold

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Sep 03, 2019  Newmont Goldcorp’s (NYSE: NEM) (TSX: NGT) Ahafo mill expansion project in Ghana has processed its first ore and remains on track to achieve commercial production in the fourth quarter.

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