Ibrahim Mahama thanks Akufo-Addo for his role in securing Damang Mine takeover

Ibrahim Mahama expressed gratitude to former President Nana Addo Dankwa Akufo-Addo for his role in facilitating Engineers and Planners' takeover of the Damang Mine concession in the Western Region. Speaking at the official takeover ceremony held at Damang in the Western Region on Saturday, April 18, 2026, Mr. Mahama said that former President Akufo-Addo "gave me a document to sit with Gold Fields, negotiate, and keep the mine going." The transition began after Gold Fields signalled its intention to wind down operations in 2022, and discussions were initiated for a structured handover process.

Mr. Mahama said that government intervention was key in enabling negotiations between the parties. Engineers and Planners undertook detailed technical and financial assessments before securing the concession, including a bankable study and financing arrangements with international and local banks. He noted that one bank has given them 650 million, and another 600 million.

Mr. Mahama said that Engineers and Planners have applied for the mine to have an airport, and that within six months, it will have an airport. He also pledged that revenues from the mine would be reinvested locally to support social and economic development, including the construction of hospitals and sports infrastructure. He also intends to build his personal residence in the area as a sign of long-term commitment to the community.