Job loses in the offing as gov’t refuses to renew Goldfields’ Damang mining lease

Some employees will lose their jobs. The government of Ghana has not renewed the mining lease for Damang, owned by Goldfields.

An internal memo has gone viral online. It states that efforts are ongoing to change the government's decision.

In the meantime, Goldfields has informed workers to prepare for the lease's expiry.

The company acknowledges this news is shocking. A management committee will assess how to resolve the situation and evaluate its impact on employees.

Goldfields is committed to engaging stakeholders. They aim to find ways to mitigate effects on their workforce.