The Ghana Chamber of Mines has urged local companies to reposition themselves to become major players in the provision of mine support services in the West African sub-region.
Mr. Sulemanu Koney, CEO of the Ghana Chamber of Mines, who made the call, said the move would enable local companies and entrepreneurs to benefit from the many opportunities and investments in the mining sector, especially in the West African sub-region.
He said, “A lot of opportunities and investment were coming into the mining sector in the West African sub-region in the areas of exploration.
“So, we are looking at all these trends and we continue to work with local entrepreneurs to be able to see the bigger picture. Ghana should be the bedrock, the springboard for these companies to move out of Ghana to West Africa to compete.”
He gave the advice when he paid a courtesy call on Ya-Na Abukari (II), Overlord of Dagbon at the Gbewaa Palace at Yendi to brief him about developments in the mining sector in the country and to recognise his efforts at ensuring peace in the Northern Region.
Mr Koney said the Ghana Chamber of Mines was working to ensure that local mine support services companies remained competitive to sustainably compete in the West African sub-region.
He said, “We have recently worked with the Ghana Standards Authority to come out with standards for electrical cables going into the mining industry. We intend doing something similar on grinding media which is a major input for the mining industry.”
“All of these we do to ensure that we have that capacity in-house because if that capacity is not there, then our desire to be the hub for mine support services in West Africa will come to nought. Let’s make sure that we use the mining industry as an opportunity to grow the mining support services companies.
“If we are sure that we can supply to these multinational companies in our own country, then we can be confident that they can be competitive when they go out there.”
He emphasised that “It is important that we use our mining industry as a backbone to create capacity for our local mine support services companies so that they can compete sustainably in West Africa.”
Mr Koney said, “So, that is our desire, and we have programmes and arrangements to support our brothers and sisters to do this. We have, for example, decided that we are going to put some money behind this.
It will be well over $200,000 trying to get consultants to conduct a study into the various mine support service segments, how can we identify the major players, how can we give them the capacity, how can we assess them and bridge the competences gap such that we can bring them to the highest level so that they can be competitive on a sustainable basis.”
Meanwhile, the Ghana Chamber of Mines donated a cheque for ¢20,000 to the Ya-NA Education Trust Fund to support education in the Dagbon Kingdom.
Ya-Na Abukari (II) commended the Ghana Chamber of Mines for supporting his Education Trust Fund to ensure access to education for all at all levels.
He also welcomed all support towards peace in the Dagbon Traditional Area to ensure that the area contributed to the development of the country.
- Mahama’s ‘dumsor’ is different from Akufo-Addo’s – Kweku Awotwi
- Dr. Adoma Dwomo-Fokuo Odame: Dear Sam George, red is the only colour that matters
- Ghanaians to re-register SIM cards in June or risk losing phone numbers
- Leicester issue Chelsea apology over Daniel Amartey FA Cup actions
- Armed robbers jailed for robbing, raping pregnant woman
- We pay ‘big money’ taxes and yet they burn our equipment – XtraGold Mining Company
- “I’m not proud of it” – referee for Hearts v Sharks game apologises for errors
- ‘The system has failed us again’ – Father of 12-year-old who died due to unavailability of ambulance service
- DCOP Opare Addo vows to take action against Delta Force following his attempted forceful removal from office
- NDC has done more for healthcare in Ghana than NPP – Sammy Gyamfi responds to Nana Aba Anamoah
MP redeems campaign pledge in donating brand new motorcycles
Today’s front pages: Tuesday, May 18, 2021
The law will deal with you if you engage in illegal felling of economic trees- UW Minister
Message from the Morning Man: The Demon Judges
Ghana will enforce Covid-19 restrictions until herd immunity is achieved – Akufo-Addo
Akufo-Addo’s approach to galamsey fight akin to mob justice – NDC
Maritime insecurity remains a big threat-CDS
NPP Women’s Organizer seeks justice for burnt mining equipment
Kajeji SHS in dire need of infrastructure 30 years after its establishment
IES MarketScan: A year on, why hasn’t ENI and Springfield unitized as directed
Withdraw illegal guards or lose your license – Forestry Services Division cautions Licensed Timber contractors
Senior Staff Association at Universities of Ghana resume strike after no-show Tier II
Registration of SIM cards with Ghanacard likely to begin soon – Bawumia
Anthony Joshua v Tyson Fury: Deontay Wilder arbitration casts doubt over Saudi Arabia bout
DCOP Opare Addo vows to take action against Delta Force following his attempted forceful removal from office