<ul>
<li>Ghana’s Minerals Commission sets December 2026 deadline for contract mining transition, sources and documents say</li>
<li>Newmont, AngloGold and Zijin requested extensions but regulator rejected, sources and documents say</li>
<li>Failure to comply could result in fines and mine shutdowns, say government officials</li>
<li>New rules aim to boost Ghanaian ownership, retain more value in-country, according to sources</li>
</ul>
By Maxwell Akalaare Adombila
DAKAR, April 22 (Reuters) - Ghana’s mining regulator has given international companies Newmont (NEM.N) , AngloGold Ashanti (AU.N) and Chinese-owned Zijin (601899.SS) until December 2026 to shift mining operations over to local contractors or face sanctions, according to five sources with direct knowledge of the matter and documents.
The three companies currently operate the mines with their own staff. They are the only ones still doing so after many firms outsourced mining operations ahead of Ghana, Africa’s top gold producer, revising local ownership rules in January 2025 and requiring all miners to switch to contract mining.
Under the rules, surface mining must be undertaken by fully Ghanaian-owned firms, while underground mining must be carried out by companies with at least 50% Ghanaian ownership.
Apart from Newmont, Zijin and AngloGold Ashanti’s smaller Iduapriem gold mine, almost all large miners in Ghana have already transitioned to contract mining, two government officials and three mining executives said.
African governments have been tightening mining rules to extract more revenue against a backdrop of rising prices for minerals and metals produced. Mali ended a near two-year standoff with Barrick (ABX.TO) in November over enforcement of its new mining code.
Ghana’s Minerals Commission asked Newmont, AngloGold and Zijin to fully comply with the contract mining requirements by December 2026, according to separate letters sent to the companies in October and January that were seen by Reuters on Wednesday. The three companies had separately requested extensions to allow full compliance.
The regulator warned that miners that failed to meet the deadline could face sanctions, the letters showed.
Zijin’s Ghana unit said it has been engaging with the Minerals Commission since November 2025 to comply with the local content rules, including preparing tenders and technical frameworks for a shift to contract mining, while rolling out new technologies that require initial benchmarking before a full tender process.
Newmont and AngloGold did not immediately respond to requests for comment.
<h3>REGULATOR REJECTS NEWMONT’S REQUEST</h3>
Newmont’s compliance was discussed during meetings this month in Accra between its global CEO, Natascha Viljoen, and the Minerals Commission after the company again sought an extension, the government sources said.
Newmont, which operates the Ahafo North and South gold mines, had asked to comply fully by 2027, citing additional regulatory and governance requirements it must satisfy as a listed company, one government official said.
But regulators rejected that request, noting that other listed miners, including Gold Fields (GFIJ.J) , had already complied, the official said.
The Ghana Chamber of Mines did not respond to requests for comment but a source in the group said it was engaging with the commission.
“It is a good option, but we think it should be commercially driven,” he said. “If I can be more efficient, why shouldn’t I mine myself?”
The government sources said the new rules are aimed at building capacity among Ghanaian mining service companies and retaining more value in-country, citing the emergence of Ghanaian firms such as Rocksure and Engineers &amp; Planners.
Local companies have the capacity to take on expanded contract mining roles and the commission will hold their hands to execute, the first government official said.
Miners that fail to comply face “a huge fine for the first step,” the second official said. “If they still don’t comply, we have the right to shut down the mine.”

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EXCLUSIVE-Ghana directs Newmont, AngloGold, Zijin to shift mining ops to local firms by December, sources say