On Tuesday, Newmont Corporation (NYSE:NEM) disclosed the sale of its Akyem operation in Ghana to Zijin Mining Group for up to $1 billion in cash. This divestment aligns with Newmont’s strategy to focus on its Tier 1 assets and streamline its portfolio. As per the deal, Newmont will receive $900 million in cash at closing and an additional $100 million contingent on meeting certain conditions. The proceeds are expected to be used to support its capital allocation priorities, including strengthening its balance sheet and returning capital to shareholders. The transaction is expected to close in …