09/04/2026
Ghana has appointed local firm Engineers & Planners Ltd. to assume ownership of the Damang gold mine, previously owned and operated by South Africa's Gold Fields, as it seeks to augment local participation in the mining sector. This decision follows Ghana's rejection of Gold Fields' lease-renewal application last year. Engineers & Planners secured the bid after demonstrating access to $505 million in financing and meeting technical, safety, and local-content requirements. According to officials, the transition aims to maintain the mine's operations, safeguard jobs, and promote increased Ghanaian ownership in the sector.
