Audio By Carbonatix
The minority in Parliament has pledged to support the outcome of the tendering process for the Damang Mine, but insists it must be awarded to a credible investor for the betterment of the nation.
The group believes the mine is one of the most commercially viable gold assets in the country and says the process must be handled properly for Ghana to continue benefiting from it.
The Damang mining lease in the Western Region is held by Abosso Goldfields Limited, a subsidiary of Gold Fields Ghana Limited.
The 30-year lease for the mine expired in 2025, but it was granted a one-year extension, which is set to expire on April 18 this year. This means a new investor is expected to take over operations after the expiration date.
During a recent press conference in Parliament, the minority alleged attempts to manipulate procurement outcomes in favour of specific entities, including Engineers and Planners, and called for an immediate halt to the process.
They demanded the publication of full bidding documentation, including the date of formal tender initiation, the criteria, the composition of the tender committee, and the evaluation methodology.
The caucus also called for full disclosure of the beneficial ownership of all bidding entities and the recusal of any officials with prior professional or financial ties to companies involved in the process.
However, after joining the Minister for Lands and Natural Resources on a visit to Damang as part of the transition process, the Ranking Member on the Committee, Kwaku Ampratwum-Sarpong, said the minority is primarily interested in ensuring that the right investor takes over the mine.
“The minority group is very keen and interested in making sure that we get the right company, the right entrepreneur, or the right investor to take over the mine and ensure that Ghana continues to benefit. We assure to support whatever the outcome is, but it must be in the interest of the nation,” he stated.
Latest Stories
-
GFA, Metro Mass Transit seal partnership to transform football transport and fan experience
10 minutes -
Tension mounts in Asante Mampong NPP over alleged voters register irregularities
10 minutes -
Economic activity strengthens in quarter one 2026, but business, consumer sentiments soften – BoG
11 minutes -
Health Ministry congratulates Mintah Akandoh on election as WHO Committee B Chairman
12 minutes -
Licensed mining firm cries foul over illegal occupation of concession at Wasa Dadieso
16 minutes -
Selective Outrage and the Struggle for Principle in Ghana’s Democracy
28 minutes -
Wa West records 37.9% reduction in poverty through interventions by MP Peter Toobu
30 minutes -
Ghana’s tax architecture more data and enforcement driven than any point in modern history – Tax report
34 minutes -
GCB Bank backs Timeline & Innovations LTD with heavy-duty fleet to boost Ghana’s “Big Push” agenda
34 minutes -
Photos: Tunisian Minister of Youth and Sports meets Rugby Africa President Herbert Mensah
45 minutes -
“We’ll charge security officers for murder if anything happens to Abronye DC” – Haruna Mohammed
46 minutes -
Afri-SET holds third regional workshop on Air quality sensors and data analysis for West Africa
60 minutes -
BoG has not abandoned eCedi project – BoG Governor assures
1 hour -
We are not intervening in the market but building reserves – BoG Governor on cedi pressures
1 hour -
Supreme Court suit challenges Ghana’s criminal libel and false news laws
1 hour