• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Gov’t, Goldfields Hold Crucial Talks Today on Damang Mine Transition

4 months ago
in Business, Features, highlights, Home, home-news, latest News, Mining
1 min read
0 0
0
228
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Gov’t, Goldfields Hold Crucial Talks Today on Damang Mine Transition

Government is set to engage top-level executives of Goldfields today, April 22, 2025, for high-level discussions aimed at ensuring a smooth transition of the Damang Mine located in Ghana’s Western Region.

Sources close to the matter tell Joy Business that the meeting will feature senior officials from Goldfields’ Group Head Office in South Africa, with the talks expected to focus primarily on a potential extension of the company’s operational control over the mine prior to a full handover to the state.

The government is reportedly weighing the possibility of allowing Goldfields additional time to oversee the mine’s operations to forestall any disruptions that may arise from a rushed transition. According to persons familiar with the ongoing deliberations, Goldfields has requested an extension to facilitate a well-coordinated exit, which government is likely to approve, subject to certain conditions.

Ahead of today’s meeting, the government has asked that Goldfields’ equipment remains operational at the Damang Mine, while workers have been directed to stay on-site and continue their duties.

The development follows an announcement last week by the Minister for Lands and Natural Resources, Emmanuel Armah Kofi Buah, that government would be assuming full ownership of the Damang Mine after the Minerals Commission declined to renew Goldfields’ operational license.

However, today’s meeting could potentially alter the transition timeline, with sources indicating a possible extension of up to a year for Goldfields to continue managing the mine before full transfer of control to the state.

RelatedPosts

Importers Urged to Use Credit Cards as BoG Tightens Foreign Currency Rules

FirstBank Prepares for 2025 Staff Engagement Empowering People, Shaping Culture, Achieving Targets

Gov’t to Overhaul Investment Law, Create 24-Hour Economy Authority in New Bills to Parliament

Industry stakeholders and observers are closely monitoring the outcome of the discussions, which are expected to have significant implications for the local economy and Ghana’s broader mining landscape.

Tags: Damang MineGold FieldsGoldfields Hold Crucial Talks Today on Damang Mine TransitionGov't

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

Ghana, Singapore Push Cross-Border Payments and SME Ties as Mahama Hails Stabilising Economy

GoldBod Suspends Gold Buyer’s Licence Over Illegal Pricing

JICA and AfDB Sign Agreement to Extend Enhanced Private Sector Assistance Initiative for $5.5 Billion

New Digitized Credit Plans Put Farmers First

International Syndicates Behind Oil Theft in Nigeria

Dangote Ends West Africa’s Fuel Import Dependence, Emerges Region’s Key Diesel, Jet Fuel Supplier

Trending

Bank of Ghana
Business

Importers Urged to Use Credit Cards as BoG Tightens Foreign Currency Rules

August 28, 2025

Importers Urged to Use Credit Cards as BoG Tightens Foreign Currency Rules The Importers and Exporters Association...

FirstBank Prepares for 2025 Staff Engagement Empowering People, Shaping Culture, Achieving Targets

August 28, 2025

Gov’t to Overhaul Investment Law, Create 24-Hour Economy Authority in New Bills to Parliament

August 28, 2025

Ghana, Singapore Push Cross-Border Payments and SME Ties as Mahama Hails Stabilising Economy

August 28, 2025

GoldBod Suspends Gold Buyer’s Licence Over Illegal Pricing

August 28, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.