| Damang Project |
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Damang Project |
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Country |
Ghana
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Province |
Southwestern ghana |
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Close to |
Tarkwa |
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Status |
PRODUCTION
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Surface |
52 km² / 12,946 acres |
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Latitude / Longitude |
5 N 11 / 1 W 57 |
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Legends
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| Risk and valuation analysis of the Damang Project |
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| Title(s) of the Damang Project |
 | Gold Fields ltd
Interest: 79.1% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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 | IAMGOLD Corporation
Interest: 18.9% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Location of the Damang Project |
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Damang Gold Mine is approximately 300 kilometres by road west of the capital, Accra, and 140 kilometres by road from the port of Takoradi on the Atlantic coast. It is situated some 30 km north of the town of Tarkwa with good access roads and an established infrastructure.
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| History of the Damang Project |
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The Damang property is covered by a mining lease granted to Abosso by the Government of Ghana on April 19, 1995. The mining lease was amended on April 4, 1996 and now covers 52.39 square kilometres. The mining lease was granted for a period of 30 years, expiring on April 19, 2025.
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| Geology of the Damang Project |
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The orebodies of the Damang Gold Mine comprise stockwork sulphide deposits and Banket conglomerates. The Kwesie-Lima and Tomento deposits are characterized by mineralization hosted within Tarkwaian palaeoplacer deposits, present as individual tabular quartz pebble conglomerate units interlaminated within quartzites and argillaceous sandstone units.
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| Production history |
| Metal | 2010 | 2009 | 2008 | 2007 | 2006 |
| GOLD (oz) | 207,000 | 200,000 | 194,200 | 188,000 | 235,000 |
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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