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Damang Gold Mine to channel proceeds from commercial crops into community development

Damang Gold Mine Ltd says proceeds from the sale of commercial crops cultivated on rehabilitated mining land will be channelled into its foundation account to support development projects in host communities. The company’s Manager for Environment, Dr Desmond Asare, said the initiative forms part of efforts to restore mined lands and create sustainable livelihood opportunities […]

Damang Gold Mine to channel proceeds from commercial crops into community development

Damang Gold Mine Ltd has announced that profits from the sale of commercial crops grown on land restored by the mine will be used to enhance development projects in nearby communities. Manager for Environment, Dr Desmond Asare, revealed that this step is part of the company’s strategy to restore mined areas and establish long-term employment prospects for locals once mining operations cease.

He disclosed that approximately 140 acres of land, comprising 125 acres designated for oil palm farming, are currently undergoing restoration. Dr Asare explained that the initiative aims to generate jobs and improve the quality of life for residents in the surrounding areas. "We have a lot of commercial crops. Our mandate is to restructure the land after mining.

We have about 140 acres that we have started retooling, including 125 acres of oil palm," he stated. He further elaborated that the revenue from the sale of these crops would be deposited into the Damang Foundation account, which the company manages, to fund community development projects. Dr Asare emphasized that the accumulated funds would enable the management to identify and prioritize projects that would most benefit the host communities.

This program is part of a wider initiative by Damang Gold Mine to integrate land rehabilitation with the creation of sustainable livelihoods and community development. The mine, operated by Engineers and Planners, an indigenous Ghanaian company owned by Ibrahim Mahama, is committed to ensuring that rehabilitated mining sites continue to provide economic benefits beyond the duration of active mining. Amoanda chief expressed satisfaction with the mine's management under Mahama's leadership.

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

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