Lands Minister, Samuel Abu Jinapor has committed to greater transparency in the mining sector as he pursues an ambitious plan to diversify Ghana’s mineral resource base.
He has been wooing investors in Peth, Australia, the famed mining capital of the world at the Africa Down Under Mining and Exploration conference.
Addressing delegates, Mr Jinapor stressed about government’s ambition to make Ghana the mining hub of Africa, where all mining and mining-related activities, from exploration to downstream production, and from research to innovation, will be centered.
He said, “we do all these in an atmosphere of transparency and in accord with the highest standards of integrity”.
Beyond the commitment to transparency, there is also a drive to position Ghana to derive full benefit from the green transition through diversification.
Mr Jinapor said the transition “requires green metals to produce batteries to replace fossil fuel dependent vehicles and make this diversification even more imminent”.
Ghana is already endowed with green minerals such as lithium, cobalt, nickel, graphite, rare earth elements (REE), iron, copper, and phosphate, “which are yet to be explored,” Mr Jinapor said.
The Australian company, Atlantic Lithium, is already involved in lithium exploration in Ghana.
According to Mr Jinapor, government’s policy for the development of these minerals “is to pursue a path that fosters optimal socio-economic development, through effectively and efficiently exploiting and managing Ghana’s green minerals and contributing positively to dealing with the climate change phenomena.
“We are working towards the net zero emission target, and collaborating with other relevant stakeholders in employing climate-friendly technologies and practices, to achieve the maximum developmental impact for the country.”
Value addition is also top on the agenda.
Government is currently in the process of securing a London Bullion Market Association (LBMA) Certification that will ensure that Ghana is able to trade our refined gold easily on the international market following the Public Private Partnership led establishment of a local gold refinery.
- Moody’s downgrades Ghana to further junk status, warns investors could lose in debt restructuring
- “We’ve been tracking Mohammed Kudus for more than one year” – Barcelona Director
- Organised Labour rejects 18% salary increment
- Qatar 2022: “Kudus is currently the World Cup best player” – Prince Boateng
- Ronaldo receives $225m offer to play for Saudi Arabian club
- Ato Forson calls out ministers and MPs for abandoning 2023 budget to watch football in Qatar
- Minority welcomes government’s decision to reintroduce road toll in 2023
- Some OMCs start reducing fuel prices, GOIL down by 3.5%
- 2023 Budget: TUC rejects government’s salary projection of ₵44.9m
- ‘Insulting’ Ashanti Regional NSS Boss to appear before Committee of Inquiry
- Include persons with mental health conditions in immunization programmes – MindFreedom Ghana to GHS
- Ofori-Atta has more integrity than 99% of politicians – Prof. Stephen Adei
- Directors of ‘Woman is King’ auditioned me for a role – Prince David Osei
- Government’s management of economy commendable – Prof Adei
- Supreme Court dismisses suit against GRA’s pay 30% before challenging Act
- If your music penetrates China, then you have done enough as an artiste – Kuami Eugene
- Livestream: PM Express discusses Moody’s further downgrade of Ghana to junk status
- Chamber of Telecommunications outlines services to be affected by SIM deactivation
- Ernest Kojo Manu: Bumpy roads, illegal speed ramps posing serious threat to safety of road users
- Single spine is the most indecent salary structure – TUC
- Organised Labour revises demand for base pay increase to 65%
- Danny List urges black golfers to be more vocal to motivate young talents
- Crackdown on black market operators was to control cedi depreciation – Interior Minister
- DDP Outdoor sign onto ‘Abonten’ platform by mediaReachOMD Ghana
- Dwumakrom in Ashanti Region cries for good roads, potable water and other amenities