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Damang Mine takeover on track as Lands Minister, Parliamentary Committee tour site

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Ghana is inching closer to reclaiming the Gold Fields Damang Mine. With 15 days to go, Minister Emmanuel Armah-Kofi Buah is reassuring workers that job security is the government’s top priority amid this historic handover.

The minister’s assurance followed a tour of the Damang Mine with parliamentarians, aimed at gauging readiness for the April 18, 2026, handover.

“Protecting your jobs is our top priority,” said Mr. Emmanuel Armah-Kofi Buah to the workers. “Government’s focus is on making sure you’re better off, not less.” He added that subcontractors and contractors would continue working uninterrupted, easing fears over the handover.

The Damang Mine, a Ghanaian gold giant, has produced 88,000 ounces of gold in 2025 alone, cementing the country’s top spot in Africa’s gold scene. After nearly 30 years, the mine’s ownership reverts to Ghana, fulfilling Dr. Kwame Nkrumah’s vision of resource indigenisation.

The tender’s rigorous criteria demand that Ghanaian firms showcase technical prowess and financial muscle to handle this prized asset. Parliament’s nod will seal the deal, ensuring accountability and value.

Parliament’s Select Committee on Mines, Lands and Natural Resources, led by its Chairman, Collins Dauda, is hands-on, ensuring a seamless handover. “No gaps, no backward steps,” he mentioned, signaling intense oversight to keep Damang thriving.

The minority’s watchful eye is on the tender process. For Ranking Member Ampratwum Sarpong, getting the right investor is crucial, vowing to back what’s best for Ghana’s interests.

The transition team is on track for a smooth handover by April 18. For Ghana, Damang’s shift is a litmus test. Can it harness its resources to fuel lasting prosperity for its people?

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