Africa: Governments Push for Increased Local Control of Africa's Gold

[Daba Finance] Gold Fields Ltd.'s Damang mine in Ghana is at the center of a policy shift as the government moves to increase local ownership in the gold sector. The state will take over the mine on April 18 after declining to renew its lease, Bloomberg reported. Authorities have limited the tender process to companies fully owned by Ghanaian citizens, aiming to prevent foreign bidders from dominating the sale. Source