+233 030 277 1318
+233 030 277 2783
info@mincom.gov.gh
Minerals House
#12 Switchback Road
Residential Area
Cantonment - Accra
GL- 060 -1131
Minerals Commission Assures Stability, Regulatory Oversight in Damang Mine Operations
The Minerals Commission is taking proactive steps to ensure the long-term operational vitality of the Damang Mine as the current mining lease held by Gold Fields Limited nears its expiration.
Working in close collaboration with the Ministry of Lands and Natural Resources, the Commission is overseeing a seamless succession process designed to protect the livelihoods of all personnel and maintain the mine’s contribution to the national economy.
Central to this process is an unwavering commitment to job preservation. In line with the policy direction of the Minister for Lands and Natural Resources, Hon. Emmanuel Armah-Kofi Buah (MP), the Commission assures all stakeholders that this change in mine ownership will not result in job losses.
This assurance extends to every individual contributing to the mine’s success, including both direct employees and contract workers. The Commission recognizes that the skills and dedication of the Damang workforce are the mine’s greatest assets.
Protecting these livelihoods is a priority to ensure the continued economic health of the local communities that rely on the mine’s large-scale operations.
As the sector regulator, the Commission is managing every step of this succession in strict accordance with Ghana’s legal and regulatory frameworks to ensure operational continuity.
The Commission will ensure that any incoming operator meets the most stringent technical, financial, and environmental benchmarks.
A key requirement for any future investor will be a proven commitment to local content, community development, and responsible mining practices that deepen value within the Ghanaian mining chain.
The Commission is utilizing a transparent and competitive process to identify a highly competent investor capable of sustaining and expanding production levels.
The goal is to attract a responsible partner who will not only maintain current employment but also create new opportunities for socio-economic development.
The Commission remains a steadfast steward of Ghana’s mineral wealth, ensuring that the future of the Damang Mine serves as a global model for balancing investor confidence with the welfare of the Ghanaian people.
—End—
