Gold Fields CEO Commits To Deliver Damang Mine To Next Operator In Strong Condition

The Chief Executive Officer of Gold Fields, Mike Fraser, has assured that the company will hand over the Damang Mine to the next operator in a strong and responsible condition to ensure continuity of operations.

The assurance comes ahead of the transition of the Damang Mine following the decision by Gold Fields to relinquish operations after years of mining activities in the Western Region of Ghana.

According to Graphic Online which reported on October 28, the Chief Executive Officer of Gold Fields, Mike Fraser, has assured that the company will hand over the Damang Mine to the next operator in a strong and responsible condition.

Mr Fraser gave the assurance during a working visit to the Damang Mine to assess ongoing operations and engage with workers and management on the transition process and future plans.

According to CitiNewsroom which reported on October 28, the Gold Fields CEO said the company is committed to ensuring that the mine remains viable and that all environmental and social obligations are met before the final handover to the next operator.

He explained that Gold Fields will continue to maintain high operational standards, safety protocols and community engagement to preserve the value of the mine for its future operators and host communities.

According to GBC Ghana Online which reported on October 28, Mr Fraser commended workers of the Damang Mine for their dedication and professionalism over the years and assured them that their welfare will be prioritized during the transition period.

He noted that Gold Fields is working closely with government and relevant stakeholders to ensure a smooth and transparent transition that protects jobs and sustains local economic activities in the area.

According to GhanaWeb which reported on October 28, the Minerals Commission has indicated that it will oversee the transition process to ensure compliance with mining regulations and that the next operator has the capacity to operate the mine efficiently.

The Commission stated that it will ensure that community development commitments, environmental rehabilitation and local content obligations are fulfilled as part of the transition agreement for the Damang Mine.

Community leaders in Damang have welcomed the assurance by Gold Fields, expressing hope that the next operator will continue to support local development projects and provide employment opportunities for youth in the host communities.

The Damang Mine has been one of the major gold producing mines in Ghana and has contributed significantly to Ghana’s gold production, export earnings and community development initiatives over the past decades of operation.

Newzhit feedback-opera-news-app@opera.com