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Gold per tola gains Rs4,200 in Pakistan

Gold prices in Pakistan increased on Wednesday in line with their gain in the international market. In the local market, gold price per tola reached Rs463,936 after a gain of Rs4,200 during the day. Similarly, 10-gram gold was sold at Rs397,750 after it increased by Rs3,601, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Tuesday , gold price per…

Gold per tola gains Rs4,200 in Pakistan

Communities near the Damang Gold Mine Limited (DMGL) are praising the company for its early achievements since taking over the mine's operation. The Chief of the Bosomtwi Divisional Council, Nana Kwabena Amponsah IV, addressed a press conference and highlighted the collaborative relationship growing between the mine and its surrounding communities.

He stated that the community has long desired a more significant role in mining-related decisions, more local employment, improved infrastructure, and a respectful partnership with mining companies.

Four months after the transition of the Damang Mine to DMGL on April 18, 2026, community leaders note several positive changes. These include the beginning of infrastructure work, local job creation, and structured community engagement. Specific projects in progress involve the construction of an airstrip at the Huni waste dump, the Damang-Subri road improvement, and the establishment of three astroturf facilities.

The airstrip project, a crucial improvement for connectivity and economic opportunities, has already begun with initial earthworks. The communities are eagerly anticipating the completion of the regulatory and technical processes to commence full construction. Meanwhile, the Damang-Subri road improvement is also underway, expected to alleviate transportation issues and enhance access to essential services.

Additionally, the establishment of sports infrastructure is generating excitement among the youth. Construction is anticipated to commence by mid-August, providing platforms for football development, talent identification, and community engagement. Importantly, 60% of DMGL's employees are now sourced from the local community, with 180 individuals already working and another 135 in various stages of the recruitment process.

These early successes are prompting the community leaders to urge sustain collaboration between DMGL, the government, and relevant agencies to ensure the benefits translate into lasting improvements in livelihoods, infrastructure, and local economic participation.

Written by urgent.news from Joy Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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