The government has restated that maintaining “stability, predictability and investor confidence” remains central to its mining sector strategy, even as it navigates growing pressure for deeper local ownership and value retention.
The Minister for Lands and Natural Resources and Acting Minister for Environment, Science, and Technology, Emmanuel Armah-Kofi Buah, made the assurance at a breakfast meeting organised by the Ghana Chamber of Mines in Accra, where government officials, regulators, and industry executives discussed the outlook for the country’s mining industry.
He stressed that the government remains committed to building stronger partnerships with mining companies to sustain investment inflows, promote sector growth and ensure mineral wealth is “shared responsibly” with Ghanaians. According to him, stakeholder engagement and continuous policy dialogue remain central to the administration’s approach to extractive governance.
Buah stated that “the best policies are those shaped through open dialogue, transparency and collaboration,” underscoring what the government describes as a consultative approach to mining sector reforms and regulatory decision-making.
Addressing recent concerns around developments involving the Damang Mine and Adamus Resources, the minister clarified that government actions were not part of any broad anti-investor agenda. He explained that such decisions were taken strictly within “existing legal and regulatory frameworks,” adding that enforcement actions should not be interpreted as a shift away from investor-friendly policy.
At the same time, he highlighted value addition and increased local participation as key policy priorities, noting that the government is pushing to develop “Ghanaian champions” in mining and contract mining services. He said the objective is to strengthen domestic capacity, support competitive local firms, and expand employment opportunities within the sector.
Buah assured investors that Ghana remains open and committed to attracting responsible capital, stating that the country seeks partners who understand that they are “coming to make returns while leaving a lasting legacy for our people.” He maintained that investment and national development outcomes must remain mutually reinforcing.
The Ghana Chamber of Mines also used the platform to call for stronger collaboration between government and industry. Chief Executive Officer, Dr. Kenneth Ashigbey, urged greater policy consistency, improved regulatory coordination and sustained dialogue to preserve investor confidence and enhance the sector’s operating environment.
Similarly, Chamber President Michael Edem Akafia emphasised the importance of partnership and value addition, noting that a resilient mining sector must combine long-term investment stability with deeper local participation and capacity development.
The engagements come amid ongoing policy discussions on how Ghana can deepen local benefits from its mineral resources while maintaining its position as one of Africa’s leading mining investment destinations.
