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

Obed Asamoah, a mechanical engineer and certified inspecting engineer, expressed optimism about the future of the Damang Gold Mine, stating it could continue operations for up to 15 more years with adequate investment. Speaking on Asempa FM’s Ekosiisen programme, Mr Asamoah emphasized that the change of ownership should not be seen as a significant alteration to the mine's operations.

He noted that the previous operator had primarily been an investor, indicating that the crucial factor for the mine's sustainability was sufficient capital for its ongoing functions and growth. Mr Asamoah clarified that the primary change was the new investor, and this was all that was required to keep the mine productive. Based on his observations, he confidently asserted that Damang Gold Mine has the potential to remain operational for at least the next 15 years, assuming the necessary resources are available.

The engineer also discussed his previous skepticism towards the Ghanaian operator's capability to manage the mine, which he has since overcome. He encouraged others not to hold onto his earlier doubts, asserting that local professionals are fully capable of handling major industrial operations. The Damang Mine, which was previously managed by Gold Fields Ghana Limited, was transferred to Engineers and Planners in April 2026 after Gold Fields' lease expired.

The government took over the concession through a competitive tender process supervised by the Minerals Commission.