Government and Goldfields Ghana Limited have reached an amicable agreement on transitional arrangements for the Damang Mine.
This will pave the way for renewed operations and potential Ghanaian ownership.
This was contained in a statement from the Presidency issued by Minister of Government Communications, Felix Kwakye Ofosu.
Per the agreement, Goldfields' subsidiary, Abosso Goldfields Limited, will receive a new 12-month mining lease to continue open-pit mining operations.
