Speaking at the thirtieth anniversary of the Investing in African Mining Indaba in Cape Town, Minister for Lands and Natural Resources, Samuel A. Jinapor, urged investors to “Invest in the number one mining destination of Africa.” Jinapor emphasized Ghana’s rich mining legacy, spanning over a century, and highlighted the diverse mineral wealth the country possesses, including gold, diamond, bauxite, and many others.
Ghana’s gold production leadership on the continent was also highlighted by the Minister, with an unprecedented four million ounces produced last year. He reported plans for expansion and the addition of three new gold mines in the country, contributing to the expected increase in gold output to some 4.5 million ounces annually.
The Minister broke away from the conventional notion that gold was exclusive to the southern part of Ghana and revealed new gold deposits identified in the Savannah Region, inviting investors to explore this promising frontier.
Additionally, Ghana is strategically leveraging over nine hundred million metric tonnes of bauxite resources to build an integrated aluminum industry, and the country is dedicated to using mining as a catalyst for sustainable development. The Minister also highlighted Ghana’s commitment to value addition in mineral resources, showcasing a new 400kg capacity gold refinery and affirming the country’s stance against the raw export of lithium resources.
Emphasizing opportunities across the entire mining value chain, the Minister highlighted Ghana’s strategic location and the benefits of the Africa Continental Free Trade Area as key advantages for investors. Jinapor assured the global investor community of Ghana’s readiness for business, backed by a stable democracy and a progressive fiscal regime, and showcased the country’s rich mining potential.
The Lands Minister wooed investors from Africa and on the global scale to invest in Ghana, inviting them to join in the exciting journey towards sustainable and mutually beneficial mining ventures.
