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Business News of Tuesday, 15 April 2025

    

Source: www.ghanawebbers.com

Govt’s refusal to renew Gold Fields Damang lease raises investment concerns

The Chamber of Mines has expressed concern about recent developments in Ghana. They believe these changes could harm Ghana's reputation as a mining investment destination.

Gold Fields operates the Damang Mine in the Western Region. This mine has been active since 1997 and provides significant local employment. It also contributes greatly to Ghana’s gold production.

The mining sector is crucial for Ghana's economy. In 2024, gold exports generated around $