Abundant in minerals and natural wealth, Ghana is fast becoming a prime destination for mining investment. At the Ghana Day Event at the Mining Indaba, the Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, highlighted the abundance of Ghana’s assets, from vast green forests and minerals to Africa’s largest man-made lake, and emphasized the warmth and hospitality of its 35 million citizens.
“Ghana is open for business. The doors are open, the data is available, and the opportunity is now,” he stated, emphasizing the government’s commitment to creating a stable and investor-friendly environment. Legal rights are protected regardless of political changes, allowing investors to operate with confidence.
The speech outlined key reforms to modernize Ghana’s mining sector, including policy updates, legal adjustments, and measures to simplify procedures for investors. Fiscal policies are designed to balance investor returns with national development objectives. Recent initiatives, such as the removal of taxes on exploration and the introduction of generous capital allowances, aim to ensure project viability while encouraging investment.
Over the past two decades, Ghana’s mining sector has attracted more than $20 billion. Currently, 19 large-scale companies operate across gold, bauxite, and manganese mining, including global leaders such as Newmont, AngloGold Ashanti, Goldfields, and Zijin. Beyond mining itself, the sector supports over 200 engineering and mine-support service companies, forming a complete value chain ready for collaboration and growth.
He emphasized that Ghana is not only Africa’s top gold producer, ranking sixth globally, but also richly endowed with diamonds, bauxite, manganese, iron, cobalt, nickel, and industrial minerals critical for the global energy transition. Geological surveys indicate high-potential prospects for iron ore, nickel, zinc, chromium, and lead, presenting ample opportunities for both domestic and international investors.
“Mining is not just about extraction,” the minister said. “It’s about transforming entire ecosystems and improving the lives of all stakeholders.” Investors are encouraged to engage in partnerships that create long-term, ethical, and innovative value, benefiting both communities and the nation.
