Damang mine
 | |
  Damang mine | |
| Location | |
|---|---|
| Location | Damang |
| Western Region | |
| Country | Ghana |
| Coordinates | 05°30′36.6″N 001°50′39.6″W / 5.510167°N 1.844333°W |
| Production | |
| Products | Gold |
| Owner | |
| Company | Gold Fields |
The Damang mine is one of the largest gold mines in Ghana and in the world.[1] The mine is located in the south-west of the country in the Western Region.[1] The mine has estimated reserves of 10 million oz of gold.[1] The mine is operated by Abosso Goldfields Ltd., a subsidiary of the South African Gold Fields, which was acquired by the South African company in 2002.[2]
On 7th April,2026, the lease of the mine was approved to be handed to Ibrahim Mahama's company, Engineers and Planners Limited.[3][4][5][6][7][8] The Damang Mine sold its initial gold output to Ghana GoldBod and the Bank of Ghana to bolster national reserves.[9]
The Damang Gold Mine delivered 100 percent of its gold production to the Ghana GoldBod. Ghana is working to increase its Gold reserves and build it's currency. The Damang Gold Mines therefore delivered 121 kilograms of gold to the Board. [10][11] This is the second delivery the mine is making to the GoldBod since it took over the operation of the Damang mines.
See also
[edit]References
[edit]- ^ a b c "Damang Gold Mine". goldfields.co.za. 2013. Retrieved 2013-06-18.
- ^ "Gold Fields Limited - AGE (African Growing Enterprises) File". Institute of Developing Economies. Retrieved 2019-04-27.
- ^ https://yen.com.gh/politics/302445-ibrahim-mahamas-engineers-planners-secures-government-greenlight-damang-gold-mine/
- ^ https://www.graphic.com.gh/news/general-news/government-approves-engineers-and-planners-ltd-as-winner-of-damang-mining-lease-tender.html
- ^ Arthur, Abigail (7 April 2026). "Gov't approves E&P as successful bidder for Damang Mine lease". Citi Newsroom. Retrieved 7 April 2026.
- ^ Ghartey, Raphael (7 April 2026). "Gov't approves E&P Ltd as successful bidder for Damang mining lease after competitive tender". 3news.com. Retrieved 7 April 2026.
- ^ "Gov't approves Engineers and Planners as winner of Damang Mining lease". Adomonline.com. 7 April 2026. Retrieved 7 April 2026.
- ^ Awuni, John (7 April 2026). "Lands Ministry Approves Engineers & Planners Ltd for Damang Mining Lease in Ghana". Kessbenonline.com. Retrieved 7 April 2026.
- ^ "Damang Mine sells 100% of first gold output to GoldBod, BoG in historic move - MyJoyOnline". www.myjoyonline.com. 2026-04-30. Retrieved 2026-04-30.
- ^ Godsway, McJoseph Kwame (2026-05-19). "GoldBod Deepens Reserve Accumulation with Second 121kg Gold Purchase from Damang Mines". Ghana Gold Board. Retrieved 2026-05-19.
- ^ Tengma, Evelyn (2026-05-18). "Managers of Damang Gold Mine present second batch of all gold produced to GoldBod". 3News. Retrieved 2026-05-19.
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