Also known as: Damang Gold Mine Ltd. · Damang Gold Mine Limited
Damang Gold Mine — gold mining operator in Ghana's Western Region that invests in modern equipment and sells output to Ghana Gold Board, demonstrating local ownership shift in mining sector.
Verbatim sentences from the source article.
Joy Online
During the commissioning of the Damang Gold Mine, it was heartwarming to hear Ibrahim Mahama recount the role of the Nana Akufo-Addo government, under whose tenure the initial steps towards taking control of the mine were set in motion. …
Damang Gold Mine: A product of continuity in Government for national developmentJoy Online
… In a statement responding to remarks made at a ceremony marking the sale of the Damang Gold Mine’s first gold output to the Bank of Ghana through GoldBod, the Chamber described the figure as “materially misleading”. …
Chamber of Mines disputes GoldBod CEO’s claim on forex repatriation by large-scale minersJoy Online
The Chief Executive Officer of GoldBod, Sammy Gyamfi, has stated that E&P’s decision to sell 100 per cent of its first gold production to GoldBod vindicates the company amid earlier criticism following its successful bid for the Damang Gold Mine. …
E&P’s gold sale vindicates Damang bid – Sammy GyamfiJoy Online
The Chief Executive Officer of GoldBod, Sammy Gyamfi, has announced that the Damang Gold Mine, owned by businessman Ibrahim Mahama, has sold 100 per cent of its first gold output to GoldBod and the Bank of Ghana to support the country’s national reserves. …
Damang Mine sells 100% of first gold output to GoldBod, BoG in historic moveDamang Gold Mine Limited marked World Environment Day at an event in the Western Region with traditional authorities, EPA officials, and community members. The company donated eight refuse bins to four schools in Damang to support waste management and environmental education.
10 June 2026 · The Chronicle →
Damang Gold Mine Limited marked World Environment Day at an event in the Western Region with traditional authorities, EPA officials, and community members. The company donated eight refuse bins to four schools in Damang to support waste management and environmental education.
10 June 2026 · The Chronicle →
The Director of Operations at Damang Gold Mine Limited has stressed that environmental stewardship is a responsibility for all and stated the company's commitment to supporting climate resilience initiatives, reducing its environmental footprint, and restoring disturbed lands within its host communities in the Western Region.
8 June 2026 · Daily Guide →
The government will submit the Damang Gold Mine lease agreement to parliament for ratification following its takeover by Engineers and Planners after Gold Fields' lease expired. The Lands and Natural Resources Minister said suspending operations pending ratification was not viable given the thousands of jobs and economic activities linked to the mine.
2 June 2026 · Business & Financial Times →
Indigenous operator Damang Gold Mine Limited is investing US$250 million in modern mining equipment to expand production and improve efficiency, demonstrating the capacity of local mining companies to compete at scale and supporting Ghana's push toward local ownership of strategic mineral assets.
2 June 2026 · The Chronicle →
Indigenous mining firm Damang Gold Mine Limited has invested $250 million in a fleet of heavy-duty mining equipment including Liebherr excavators, 30 triple 777 dump trucks, and 15 Caterpillar 395 excavators. The investment is expected to increase production capacity, improve operational efficiency, and create employment opportunities.
31 May 2026 · Joy Online →
Damang Gold Mine has sold its second consecutive haul of refined bullion to the Ghana Gold Board, representing 100 per cent of its total operational output of 121 kilogrammes of gold. The transaction was processed at the GoldBod Assay Laboratory in Accra on 18 May 2026, marking an increase from the inaugural transaction of 103 kilogrammes.
18 May 2026 · Joy Online →
An opinion piece examines the transfer of Damang Gold Mine to Ibrahim Mahama's Engineers and Planners, arguing it represents a recalibration of Ghana's neoliberal economic model and questioning whether state or private ownership better serves the nation's economic interests.
8 May 2026 · Joy Online →
The Damang Gold Mine was commissioned following a takeover process initiated by the previous government in March 2024 when the Lands Minister granted a "no objection" letter to explore acquisition. Gold Fields had operated the mine under a 30-year lease, producing over four million ounces of gold before the lease expired in April 2025, after which the government granted a one-year extension and opened the concession to competitive tender.
6 May 2026 · Daily Guide →
The article credits the Akufo-Addo administration for granting Engineers and Planners a "no objection" letter in March 2024 to explore taking control of the Damang Mine after Gold Fields' 30-year lease expired in April 2025, and praises the current Mahama government for overseeing a transparent competitive bidding process that resulted in Engineers and Planners' selection.
5 May 2026 · The Ghanaian Times →
Ibrahim Mahama's Damang Gold Mine has sold 100% of its first gold output (about 110 kg) to the Ghana Gold Board, which will add it to the Central Bank's reserves. The Ghana Gold Board CEO said Ghanaian control of the mining sector is key to maximizing national benefits and urged other large-scale mining companies to follow suit under the government's GANRAP initiative.
4 May 2026 · The Chronicle →
The Damang Gold Mine was handed to Engineers and Planners after Gold Fields' 30-year lease expired in April 2025. The article credits both the Akufo-Addo administration for initiating the takeover process and the Mahama government for overseeing a transparent competitive bidding process.
3 May 2026 · Joy Online →
The Ghana Chamber of Mines has challenged Ghana Gold Board CEO Sammy Gyamfi's claim that large-scale mining companies repatriate less than 20% of their mineral export proceeds, describing the figure as "materially misleading." Gyamfi had stated that large-scale miners sold only about 10% of their 2025 output to Ghana and repatriated foreign exchange amounting to no more than 20% of the value, citing mining agreements that allow firms to retain up to 100% of proceeds abroad.
3 May 2026 · Joy Online →
E&P will sell 100 per cent of its first gold production to GoldBod, a move CEO Sammy Gyamfi says vindicates the company's successful bid for the Damang Gold Mine against earlier criticism and demonstrates E&P's commitment to national development and local partnerships.
30 April 2026 · Joy Online →
The Damang Gold Mine, owned by Ibrahim Mahama, has sold 100 per cent of its first gold output to GoldBod and the Bank of Ghana to support Ghana's national reserves. GoldBod CEO Sammy Gyamfi described the move as unprecedented and a significant step toward strengthening Ghana's gold reserves and foreign exchange stability.
30 April 2026 · Joy Online →