Daamang in Ghana’s Western Region is set for a major transformation following the takeover of the Damang Mine by Engineers and Planners Limited, a wholly Ghanaian-owned mining firm led by businessman Ibrahim Mahama.
The company officially assumed control of the mine on Saturday, April 18, 2026, after a competitive bidding process overseen by the Minerals Commission. The transition follows the expiration of the lease previously held by Gold Fields Ghana Limited.
At a ceremony held at the mine site, the Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, performed the official handover, marking what government officials describe as a new chapter for indigenous participation in Ghana’s extractive sector.
Speaking after the ceremony, Mahama outlined an ambitious vision that extends far beyond mining operations. Central to his plan is a sweeping infrastructure development agenda aimed at improving living conditions and stimulating economic growth in Daamang and its surrounding communities.
Among the proposed projects are the construction of an airport to improve connectivity, modern concrete roads linking the area to major cities, and new hospitals to enhance healthcare delivery. Mahama revealed that efforts to secure approval for the airport are already underway, with a bold timeline of six months for completion.
He also indicated that within two years, residents could benefit from improved road access connecting Daamang to Cape Coast, significantly easing transportation challenges and boosting trade.
In addition, the company is considering building astroturf sports facilities across local communities, responding directly to requests from residents and youth groups.
Mahama stressed that these commitments are realistic and achievable, dismissing any notion that they are mere promises. He described the Damang project as an opportunity to demonstrate the capacity of Ghanaian companies to manage large-scale mining operations while delivering meaningful social and economic benefits.
The Damang Mine has been a cornerstone of Ghana’s gold production for over 20 years. Its lease expired in April 2025, but the government granted a one-year extension to ensure a smooth and structured transition before the final handover in April 2026.
Rather than renewing the previous lease, authorities opted for an open and competitive tender process, part of broader efforts to deepen local ownership in the mining sector. Engineers and Planners secured the contract after meeting strict technical and financial requirements, including proof of access to at least $500 million in funding.
Government officials say the transition is expected to maintain production levels, safeguard jobs, and strengthen Ghanaian participation in the industry. If the promised infrastructure projects materialize, Daamang could emerge as a model for how mining investments can drive sustainable community development.
