The Ministry of Lands and Natural Resources has officially approved the grant of the Damang Mining Lease to Engineers and Planners Ltd, following a competitive tender process that saw four companies submit bids for one of Ghana’s most significant mining assets. In a press release issued on April 7, 2026, the Minister for Lands and […]
Tag: Damang Mine
Gold Fields share price drops after government denies its mining lease
Gold Fields Limited, one of the world’s leading gold producers, is preparing to shut down its Damang mine in Ghana by Friday, April 18, 2025, after the government rejected the company’s application to extend its mining lease. The announcement, made on Monday, triggered a 6.3 per cent drop in Gold Fields’ share price on the […]


