The Minerals Commission has initiated a structured process to ensure the continued operation of the Damang Mine as the current mining lease held by Gold Fields Limited approaches its expiration. Working closely with the Ministry of Lands and Natural Resources, the Commission is overseeing a transition plan aimed at maintaining production, safeguarding jobs, and preserving …
Minerals Commission assures stability, regulatory oversight in Damang Mine operations
The Minerals Commission has initiated a structured process to ensure the continued operation of the Damang Mine as the current mining lease held by Gold Fields Limited approaches its expiration.
Working closely with the Ministry of Lands and Natural Resources, the Commission is overseeing a transition plan aimed at maintaining production, safeguarding jobs, and preserving the mine’s contribution to Ghana’s economy.
A key focus of the transition is the protection of jobs. In line with the policy direction of the Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, the Commission has assured that the change in ownership will not lead to layoffs.
The assurance covers both direct employees and contract workers, whose expertise and contributions are considered vital to the mine’s operations. The Commission emphasised that preserving these jobs is critical not only for workers but also for the economic stability of communities that depend on the mine.
As the sector regulator, the Commission noted that the succession process is being conducted in strict adherence to Ghana’s legal and regulatory frameworks to guarantee operational continuity.
It added that any incoming operator will be required to meet stringent technical, financial, and environmental standards. Prospective investors must also demonstrate a strong commitment to local content, community development, and responsible mining practices.
The Commission is employing a transparent and competitive process to identify a capable investor who can sustain and potentially expand production at the mine.
According to the Commission, the objective is to secure a responsible partner who will maintain existing employment levels while creating new opportunities for socio-economic growth.
The Damang Mine transition is expected to serve as a benchmark for balancing investor confidence with national development priorities, reinforcing Ghana’s commitment to responsible mineral resource governance.
