Damang Gold Mine can operate for 15 more years with the right investment – Engineer

Obed Asamoah, a mechanical engineer and certified inspecting engineer, has expressed confidence that the Damang Gold Mine could operate for at least 15 more years with the right investment. Speaking on Asempa FM’s Ekosiisen programme, he emphasized that the mine's future should not be viewed as a fundamental change due to a transition to a new investor.

Asamoah pointed out that the previous operator was primarily an investor, suggesting that the key factor for sustaining the mine's operations was adequate capital for investment.

He maintained that the mine holds significant operational potential and could extend its productivity well beyond the next decade, provided the necessary resources were available. Asamoah also expressed surprise at his earlier doubts about a Ghanaian operator's ability to manage the mine. He urged others not to follow those reservations, highlighting his belief in the capability of local professionals to handle major industrial operations.

The Damang Mine, previously managed by Gold Fields Ghana Limited, was recently transferred to Engineers and Planners in April 2026 after Gold Fields’ lease expired. The handover ceremony took place at the mine site, where the Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, officiated.