The Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, has reaffirmed government’s commitment to maintaining stability, policy predictability and investor confidence in Ghana’s mining sector as part of efforts to position the country as a preferred destination for responsible mining investment in Africa.
Speaking at a high-level breakfast meeting organised by the Ghana Chamber of Mines in Accra, the Minister assured industry players that the government remains focused on creating a transparent and business-friendly environment capable of sustaining long-term growth in the extractive sector.
The engagement brought together major stakeholders within the mining industry to deliberate on the future of Ghana’s mining economy, regulatory reforms and strategies for enhancing investment confidence.
Mr. Buah emphasized that government recognises the critical role of the mining industry in national development and remains committed to strengthening collaboration with investors and industry operators to ensure the sector continues to drive economic growth, job creation and local participation.
According to him, open dialogue, transparency and stakeholder engagement remain central to the Mahama administration’s approach to managing the country’s natural resources sector.
“The best policies are those shaped through open dialogue, transparency and collaboration,” the Minister stated.
He also sought to reassure investors over concerns surrounding recent developments involving Damang Mine and Adamus Resources, insisting that actions taken by government were guided strictly by existing legal and regulatory frameworks and should not be interpreted as hostility towards investors.
The Minister maintained that Ghana remains open to responsible mining investment and is determined to preserve the confidence of both existing and prospective investors operating within the country.
He further highlighted value addition and increased local participation as major pillars of government’s mining policy direction, stressing that efforts to develop “Ghanaian champions” in mining and contract mining services are intended to empower local enterprises and expand employment opportunities.
“We need investors who understand that they are coming to make returns while leaving a lasting legacy for our people,” he said.
Chief Executive Officer of the Ghana Chamber of Mines, Kenneth Ashigbey, called for stronger collaboration between government and industry players to address operational and regulatory challenges confronting the sector.
He emphasised the importance of policy consistency, effective regulatory coordination and continuous stakeholder engagement in sustaining investor confidence and improving the mining business environment.
President of the Chamber, Michael Edem Akafia, also underscored the need for partnerships and value addition within the industry to ensure long-term economic benefits for the country.
He urged both government and mining companies to work together towards building a resilient and globally competitive mining sector capable of supporting national development while strengthening local capacity and participation.
By: Christian Kpesese
