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The Africa Centre for Energy Policy (ACEP) has urged the Government of Ghana to immediately suspend its plans to take over the Damang gold mine. The organization is calling for a transparent, lawful, and constructive resolution to the ongoing dispute with Abosso Goldfields Limited (AGL).
In a statement released on Thursday, April 17, ACEP’s Executive Director, Benjamin Boakye, emphasized the importance of dialogue and legal due process in resolving the matter. He appealed to the government to avoid any abrupt actions that could have long-term negative consequences.
“ACEP calls for a halt in the operation to expropriate the mine tomorrow. The government needs to exercise restraint, renew dialogue, and pursue a legally guided resolution that protects the interests of both the state and investors,” Boakye said.
The dispute stems from the government’s decision not to renew AGL’s mining lease, which is set to expire on April 18, 2025. As a result, directives have been issued for the company to cease operations and vacate the mine site.
Deputy Chief Executive Officer of the Minerals Commission, Isaac Tandoh, explained that AGL failed to comply with the required process for renewing the lease. According to him, the company disregarded official instructions by bypassing the Commission and instead addressing the matter directly with the Minister of Lands and Natural Resources.
Boakye, however, warned that such a confrontational and unclear approach could be damaging to the country’s mining sector.
“The government’s approach to this matter should reflect diligence, legal compliance, and a genuine commitment to Ghana’s long-term mineral wealth. A rushed and disputed decision not only risks international litigation and reputational damage, but also undermines investor confidence and the rule of law,” he noted.
He also pointed out that public perception, as seen in recent media coverage and statements from government officials, suggests an intent to nationalize the mine.
“Already, the news portals have captured state officials and also implied in the minister’s statement that this is all an effort to nationalize the mine,” he added.
ACEP concluded by urging the government to prioritize legal due process and work towards maintaining an investment-friendly environment based on trust, transparency, and predictability.
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