By The government has commenced the official process to transfer ownership of the Damang Gold Mine from Gold Fields to Engineers and Planners, ending months of controversy surrounding the contract.
The handover process is being led by the Minister for Lands and Natural Resources, who is heading a national transition team to the site to formalise the transfer.
Officials said the move is part of efforts to ensure a smooth change of ownership and continued operations at one of Ghana’s most commercially significant gold mines.
The acquisition has attracted attention because Engineers and Planners, the company set to take over, is owned by a businessman who is also the brother of President Mahama.
Critics, particularly members of the Minority in Parliament, have raised concerns about the transparency of the contract, suggesting that the process may have been influenced to favour the local company.
During the transition, government officials emphasised that all legal and regulatory protocols were being followed.
They said the process includes reviewing operational handovers, confirming asset inventories, and ensuring compliance with environmental and labour obligations.
The Damang Mine, previously operated by Gold Fields, is one of the largest gold-producing sites in Ghana.
