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Ghana Seeks Mining Investments at PDAC 2025 Seminar 

March 5, 2025
Prince Agyapongby Prince Agyapong
in Extractives/Energy
0
Mining Investments

Mining Investments

The Minister for Lands and Natural Resources, Hon. Emmanuel Armah Kofi Buah, MP, has urged international investors to capitalize on the country’s vast mineral wealth and business-friendly policies. 

“Ghana is ready to partner with investors who share our vision for sustainable, responsible, and profitable mining.

“We invite you to explore our vast mineral potential and be part of our journey toward economic transformation through mining.” 

Hon. Emmanuel Armah Kofi Buah, Minister for Lands and Natural Resources

Speaking at the 26th Annual African Mining Breakfast and Seminar in Toronto, Canada, the Minister emphasized Ghana’s position as Africa’s leading gold producer and its strategic vision for sustainable and value-added mining. 

Hon. Kofi Buah reaffirmed Ghana’s long-standing reputation in the global mining industry, citing the country’s rich history in gold production dating back to 1897.  

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He highlighted the presence of major multinational mining firms such as Newmont, Gold Fields, and AngloGold Ashanti, noting that Ghana continues to attract new industry players. 

“But Ghana is more than just gold.

“We have vast reserves of bauxite, manganese, and, most recently, lithium in commercial quantities—a critical mineral for the global green energy transition.” 

Hon. Emmanuel Armah Kofi Buah, Minister for Lands and Natural Resources

One of the key highlights of Ghana’s mining agenda is the recent discovery of commercial lithium deposits, positioning the country as a potential global supplier of critical minerals for the clean energy sector.  

The Minister underscored the strategic importance of lithium in the production of batteries for electric vehicles (EVs) and renewable energy storage. 

“With this discovery, Ghana is poised to become a key player in the global push for green energy, offering investors unprecedented opportunities in the critical minerals space and securing a spot in the future of sustainable energy.” 

Hon. Emmanuel Armah Kofi Buah, Minister for Lands and Natural Resources

This announcement aligns with Ghana’s broader economic diversification strategy, aimed at reducing reliance on gold exports and maximizing the benefits of mineral resources through local processing and value addition. 

The Minister emphasized Ghana’s shift from the traditional “dig and ship” model to a value-added approach that promotes in-country processing and beneficiation. 

“Our vision is not just about extracting resources but ensuring that mining benefits all stakeholders—from investors to local communities.

“We are creating a regulatory framework that encourages in-country refining and processing of minerals, fostering industrial growth and job creation.” 

Hon. Emmanuel Armah Kofi Buah, Minister for Lands and Natural Resources

He also reiterated Ghana’s strict environmental and sustainability measures, ensuring that mining activities are conducted responsibly. 

“Ghana is open for sustainable, mutually beneficial partnerships.

“We invite investors to work with us in harnessing our mineral wealth while adhering to best practices in environmental, social, and governance (ESG) standards.” 

Hon. Emmanuel Armah Kofi Buah, Minister for Lands and Natural Resources

Ghana’s Stable Mining Environment 

Hon. Emmanuel Armah Kofi Buah Speaking at the 26th Annual African Mining Breakfast and Seminar in Toronto, Canada
Hon. Emmanuel Armah Kofi Buah Speaking at the 26th Annual African Mining Breakfast and Seminar in Toronto, Canada

Hon. Kofi Buah assured investors of Ghana’s political and economic stability, which makes it an attractive destination for mining investments. He noted that Ghana has a strong legal framework, an investor-friendly regulatory environment, and a robust financial sector to support mining projects. 

“In an era where economic and political stability are critical for investment decisions, Ghana stands out as a beacon of stability in Africa.

“Our peaceful transitions of power, strong democratic institutions, and commitment to good governance make us one of the top investment destinations on the continent.” 

Hon. Emmanuel Armah Kofi Buah, Minister for Lands and Natural Resources

Ghana’s participation in the Prospectors and Developers Association of Canada (PDAC) Convention underscores its commitment to strengthening ties with Canada and other international stakeholders in the mining sector.  

The event, which is one of the world’s largest mining conferences, brought together governments, investors, and industry leaders to explore investment opportunities and challenges in Africa’s mining industry. 

The Minister also highlighted Ghana’s strategic position as the host country of the African Continental Free Trade Area (AfCFTA) headquarters in Accra.  

He emphasized that investors in Ghana’s mining sector will gain access to a vast market of over 1.2 billion people across Africa. 

With its rich mineral resources, stable political environment, and investor-friendly policies, Ghana remains a prime destination for global mining investment.  

The government’s commitment to sustainability, local value addition, and economic diversification makes Ghana an even more attractive market for companies seeking long-term returns in Africa’s mining sector. 

As Ghana continues to expand its mining industry, investors have a unique opportunity to partner in the development of gold, lithium, and other critical minerals, positioning the country as a key player in Africa’s mining future. 

READ ALSO: China Sets 5% GDP Growth Target 

Tags: AfCFTAEmmanuel Armah Kofi BuahGhana Mining InvestmentgoldGreen Energy MineralsLithiumPDAC 2025
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