“The deal highlights the importance of greater domestic involvement in the extractive industry,” said Sammy Gyamfi regarding the recent sale by Ghana’s Damang Gold Mine. The mine sold approximately 110 kilograms of gold to the Gold Board as part of a strategy to strengthen Ghana’s foreign reserves.
Only fully Ghanaian-owned companies are now eligible to operate certain mining assets in Ghana. This shift aims to enhance local ownership within the Ghanaian mining sector. The gold from Damang will be added to the nation’s reserves after being refined.
Meanwhile, Ghana’s men’s 4x100m team finished fourth in Heat 3 of the World Relays in Botswana, clocking 38.18 seconds. This performance means that Ghana missed automatic qualification for the World Athletics Championships.
The team included Abdul Rasheed Saminu, Benjamin Azamati, Joseph Paul Amoah, and Edwin Gadayi. They will have another opportunity on Sunday to secure what would be a fourth consecutive World Championships appearance.
This dual focus on local ownership in mining and athletic performance reflects broader trends in national pride and development. As Ghana navigates these challenges, both sectors seek pathways to success and recognition.
