Audio By Carbonatix
The Oti Regional Minister, Joshua G. Makuba has revealed that iron ore has been discovered in the Region.
Addressing the media on Sunday, he said the discovery of iron ore will transform the country's economy.
"I want to advise people in Accra to start looking for land in the Oti Region because what is going to take Ghana from our current state to a very industrialised nation has been found in the Oti Region and that is the iron ore," he said.
According to him, the discovery has been made in greater quantities by the Ghana Integrated Iron Ore Development Corporation in collaboration with the Geological Service Department.
He added that the iron ore was found in the Guan, Biakoye, Jasikan, Kajebi and Krachi districts of the Oti Region.
Mr. Makuba noted that mining of the iron ore has not commenced yet. This, he explained, is because the quantum of the resource is being estimated.
"Currently we are at a stage the technical people will call it mineral resource estimation to get the actual tonnage available on the land," he stated.
The Oti Regional Minister pointed out that although estimation is being done to ascertain the tonnage, some private investors have already committed funds to the development of the natural resource.
Latest Stories
-
Our priority is to rescue victims – Lind Ocloo on North Industrial Area building collapse
5 minutes -
One confirmed dead in building collapse at North Industrial Area
26 minutes -
Is Ashanti Region being punished? – Minority raises political bias concerns over delayed hospital operations
32 minutes -
Nurses join KATH strike as pressure builds on Health Minister to reverse CEO suspension
32 minutes -
Call off strike immediately – NLC orders KATH doctors
54 minutes -
Reinstate KATH CEO now – Minority caucus blasts suspension as political scapegoating
1 hour -
Canada bans Texas cattle over flesh-eating screwworm outbreak in US
1 hour -
Gov’t reaffirms commitment to tackling flooding as heavy rains devastate communities
1 hour -
Africa’s reliance on charcoal and firewood drives forests under pressure, study warns
1 hour -
Africa struggles to align forest governance as climate, biodiversity and land degradation policies collide
1 hour -
Africa’s forest foods under threat as traditional knowledge fades
1 hour -
Lebanese general among three soldiers killed in Israeli attack on car
2 hours -
US stocks slump as fears over Big Tech shake Wall Street
2 hours -
‘It was either killed or be killed’ – ongoing nightmares of an ex-child soldier in Somalia
2 hours -
Manhunt for suspects after 12 people shot near festival in Ohio
3 hours