By Magdalene Andoh
In a significant development within Ghana’s mining sector, Johannesburg-based mining giant Gold Fields Limited has begun winding down its operations at the Damang gold mine in the Western Region. This follows the government’s decision to decline the company’s application to renew its mining lease, which is scheduled to expire on April 18, 2025.
According to official sources, the government’s position aligns with its commitment to re-evaluate and re-strategize the management of the country’s mineral resources to ensure optimal national benefit and community development.
The Ministry of Lands and Natural Resources, in a formal communication, has instructed Gold Fields to vacate the Damang concession by the expiration date. The decision is said to be part of broader reforms aimed at promoting local participation in the mining sector, increasing state revenue, and improving environmental stewardship.
Gold Fields, which has operated the Damang mine for over two decades, confirmed the directive and has begun processes to wind down activities and comply with all necessary exit requirements.
“We acknowledge the government’s decision and will continue to engage constructively to ensure a smooth and responsible transition,” Prince Kwame Minkah, a company representative, said.
While the decision marks the end of an era for Gold Fields at Damang, government officials have assured the public that plans are underway to repurpose the concession in line with national development priorities. The Ministry is expected to outline next steps, which may include allocating the concession to a new operator or exploring options for local ownership under Ghana’s Community Mining Scheme.
The government remains committed to a mining sector that is transparent, sustainable, and delivers tangible benefits to the people of Ghana.
