Damang takeover: There is not going to be any job loss; it is a lease change - Bobby Banson
Bobby Banson, lawyer for Engineers and Planners (E&P), assured on Saturday, April 11, on JoyNews' Newsfile programme that "There is not going to be a single job loss; only a lease change" regarding the Damang mining lease. He insists that the development is purely an administrative change in ownership.
Mr. Banson stated that concerns about the lease transfer affecting employment levels at the mine are misplaced. He stressed that production and staffing structures are expected to remain intact under the new arrangement. He maintained that the Damang mine will continue to function under its existing operational framework, with workers and contractors remaining engaged as usual. He explained that the change relates solely to the legal rights over the lease, and not a shutdown or restructuring of mining activities.
The Ministry's approval of the Damang mining lease to Engineers and Planners followed a competitive bidding process. The decision, announced in a press release on April 7, 2026, by the sector minister Emmanuel Armah-Kofi Buah, has generated debate, particularly because E&P is owned by a close relative of the President.
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Bobby Banson, lawyer for Engineers and Planners (E&P), addressed the transition involving the Damang mining lease. He insists it's an administrative change in ownership - but what does this mean for the mine's future?
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