Finance

‘We will lose everything if lease isn’t renewed’ – Damang Mine workers warn

Following the government’s announcement that it has rejected an application by Gold Fields Limited to renew the Damang Mining Lease, held by its subsidiary, Abosso Goldfields Limited, for another 30 years, the Ghana Mine Workers’ Union has expressed serious concerns over the development.

According to the General Secretary of the Ghana Mine Workers’ Union, Abdul-Moomin Gbana, many members stand to lose their incomes and livelihoods if the government does not reconsider its decision.

He warned that the union would have no choice but to march in protest to the government to demand compensation for their lost earnings.

“As it stands now, it is obvious that if the government doesn’t change its position, we will immediately lose our incomes and livelihoods. What that also means is that we may have to march to the government and demand our salaries and livelihoods from them,” Gbana said.

“Before taking a major decision of this nature, one must be considerate and mindful of its implications. If the government truly appreciates that over a thousand workers are likely to be affected, then it must be more careful in how it exercises its discretion on whether or not to extend the lease,” he added.

The decision not to renew the mining lease comes as the current 30-year lease, originally granted on April 18, 1995, is set to expire on April 18, 2025.

The government has stated that this move aligns with its broader mission to reset the nation’s economic landscape.

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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