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Engineers and Planners Co Ltd (E&P) via government tender after Gold Fields' lease expiry. Government of Ghana interim control from Apr 2025; GoG 10%.

Damang

In transition (Gold Fields lease not renewed Apr 2025; state interim control; concession tendered to Engineers and Planners). Stockpile processing; active mining ceased 2023. WesternGold output (oz/yr): 135,000 oz
OverviewDetailsOwnershipLocation
Snapshot
135,000 oz
Gold output (oz/yr)
Overview

Damang is operated by Engineers and Planners Co Ltd (E&P) via government tender after Gold Fields' lease expiry. Government of Ghana interim control from Apr 2025; GoG 10%. in the Western region. Gold output (oz/yr): 135,000 oz. Status: In transition (Gold Fields lease not renewed Apr 2025; state interim control; concession tendered to Engineers and Planners). Stockpile processing; active mining ceased 2023..

Key facts
Gold output (oz/yr)135,000 oz
Output year2,024
Primary mineralGold
Operation typeSurface (open-pit)
ScaleLarge-scale
RegionWestern
StatusIn transition (Gold Fields lease not renewed Apr 2025; state interim control; concession tendered to Engineers and Planners). Stockpile processing; active mining ceased 2023.
Parent companyEngineers and Planners Co Ltd (E&P) via government tender after Gold Fields' lease expiry. Government of Ghana interim control from Apr 2025; GoG 10%.
Parent listed onNot listed (Engineers and Planners is privately held)
Ownership
Parent companyEngineers and Planners Co Ltd (E&P) via government tender after Gold Fields' lease expiry. Government of Ghana interim control from Apr 2025; GoG 10%.
Listed onNot listed (Engineers and Planners is privately held)
Location
Western

Damang is a gold mine in the Western Region, smaller than the neighbouring Tarkwa mine. It produced 135,000 ounces of gold in 2024 under Gold Fields, which had stopped active mining in 2023 and was processing stockpiles.

After the government declined to renew Gold Fields’ lease in April 2025, Damang passed to Ghanaian firm Engineers and Planners through a state-run tender, one of the first major mines to move to full local ownership.

Who owns Damang mine now?

Following Gold Fields’ lease expiry in 2025, the Damang concession was awarded to Engineers and Planners, led by Ibrahim Mahama. The Government of Ghana held interim control during the transition.