The Minerals Commission says the government's decision to reject a lease extension for the Damang Gold Mine marks a turning point in Ghana's natural resource management.
The move, which has stirred debate in the mining sector, is being framed as a strategic effort to reclaim greater national control over mineral wealth.
According to Isaac Andrews Tandoh, Deputy Chief Executive Officer of the Minerals Commission, the decision presents a rare opportunity for Ghana to redefine the trajectory of its extractive industry. "For far too long, our nation has watched as immense wealth is drawn from our soil, yet local communities remain underdeveloped and the benefits to the state fall short of what is just and sustainable," Tandoh said in a piece sighted by Citi Newsroom. "This moment gives us the chance to reset those dynamics," he added.
Tandoh's remarks echo recent calls by former Chief Justice Sophia Akuffo for a broad review of Ghana's mining laws and agreements.
