• About
  • Advertise
  • Privacy Policy
  • Contact
Tuesday, July 8, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Mining in Motion Summit Kicks Off to Reimagine African Mining 

June 2, 2025
Prince Agyapongby Prince Agyapong
in Extractives/Energy
0
Mining in Motion Summit Kicks Off to Reimagine African Mining 

Mining in Motion 2025 Summit

President John Dramani Mahama has officially opened the Mining in Motion 2025 Summit in Accra with a bold call to action for African countries to shift focus from extractive exports to value-added industries within the mining sector.  

Urging stakeholders to support deeper investment across the downstream value chain, the President emphasized that a reimagined mining approach is critical for building resilient and diversified economies across the continent. 

“Africa is rich in gold, bauxite, lithium, cobalt, and other rare earth minerals. Our continent holds 90% of global platinum reserves, 79% of phosphate rocks, and over half of the world’s manganese.

“Mining contributes substantially to our GDP and employment—but it has not transformed the lives of our citizens as it should.” 

President John Dramani Mahama

The summit, one of the continent’s most influential mining industry events, convened regional leaders, policymakers, investors, and civil society to explore strategies that can harness Africa’s vast mineral wealth for sustainable development. 

RelatedPosts

E&P Defends $100M Azumah Mine Acquisition, Rejects Allegations

President Mahama Launches Goldbod Task Force to Combat Gold Smuggling

President Mahama Commits to Maximising Ghana’s Natural Resources

Highlighting Ghana’s new policy direction, President Mahama announced a raft of measures aimed at strengthening the mining value chain, including formalizing small-scale mining operations, increasing local participation, and integrating mining into the broader economic architecture. 

“We will be investing in the downstream value chain. We must integrate mining into the broader economic framework—that is how we build resilient and diversified economies.

“We believe there should be increased participation by Ghanaians in exploiting our mineral wealth. We welcome investors to partner with us.” 

President John Dramani Mahama

The president’s remarks reflect a broader continental shift from resource extraction to industrial transformation.  

Ghana, already the continent’s leading gold producer, seeks to expand into refining, mineral processing, and the production of mining-related goods to create jobs and retain more value within the country. 

Traditional Leadership Backs Inclusive Mining 

Otumfuo Osei Tutu II King of the Asante Kingdom
Otumfuo Osei Tutu II, King of the Asante Kingdom

Otumfuo Osei Tutu II, King of the Asante Kingdom, also addressed the summit, emphasizing the critical role of traditional leaders in supporting policy reforms and empowering local miners. 

“Gold, diamonds and critical minerals represent the best option for sustainable growth for Africa. They are the economic health of economies.

“We have an opportunity to use policies to address industry problems. The Gold Board presents an opportunity for new investments to come in.” 

Otumfuo Osei Tutu II, King of the Asante Kingdom

The King’s comments underscored the need to formalize artisanal and small-scale mining (ASM), a sector that employs hundreds of thousands of Ghanaians.  

He called for inclusive frameworks that empower local communities while ensuring environmental safeguards. 

Regional Integration Through AfCFTA 

Wamkele Keabetswe Mene Secretary General of AfCFTA
Wamkele Keabetswe Mene, Secretary General of AfCFTA

A key theme at the summit was regional trade and collaboration through the African Continental Free Trade Area (AfCFTA).  

Wamkele Keabetswe Mene, Secretary General of AfCFTA, highlighted the importance of integrating African mining industries through harmonized digital tools and regulatory frameworks. 

“There are challenges to economic growth such as nationalization of resources and trade wars. Africa must respond to these challenges.

“AfCFTA provides an opportunity to create a regional market and achieve the African Union’s Agenda 2063 of economic integration.” 

Wamkele Keabetswe Mene, Secretary General of AfCFTA

Mene emphasized digitalization as a tool to reduce transaction costs, enhance traceability, and promote financial inclusion.  

He cited the African Union’s adoption of the Digital Protocol in February 2025 as a transformative step, paving the way for innovations such as gold tokenization and digital trade tracking. 

“Digitalization will help create a more transparent and efficient mining ecosystem. It’s also a path toward job creation and poverty eradication.” 

Wamkele Keabetswe Mene, Secretary General of AfCFTA

Currently, Ghana’s mining sector contributes about 12% to GDP and remains the country’s largest employer.  

According to the Ghana Chamber of Mines, gold exports alone brought in over $11.6 billion in 2024, with the sector contributing GHS 17.7 billion in fiscal payments to government. 

Looking ahead, Ghana aims to consolidate its role as a regional mining hub, using platforms like AfCFTA to enhance intra-African trade in mineral resources and value-added products. 

The Mining in Motion 2025 summit marks a pivotal moment in Ghana’s mining evolution. President Mahama’s call for deeper downstream investment, regional cooperation, and increased Ghanaian participation signaled a shift toward a more equitable and transformative industry model. 

With commitments from traditional authorities, regional institutions, and investors, the summit reinforced a shared vision: to make African mining a driver of prosperity, not just profit. 

READ ALSO: Recruitment Fraud Prompts Ghana Immigration Warning 

Tags: AfCFTAAfrican gold exportsdownstream value chainGhana MiningMining in Motion 2025Otumfuo Osei Tutu IIPresident Mahama
Please login to join discussion
Previous Post

IMF Board to Decide on $370m Disbursement for Ghana on June 3

Next Post

Cedi Projected To Outperform Fitch’s 2025 Forecast

Sign up for The Vaultz analytic wire

Get weekly news analysis from top editors at The Vaultz and stay informed on trending economic and business issues from across the globe.

Related Posts

Bank Al-Maghrib Joins Afreximbank’s PAPSS to Drive Intra-African Trade
Banking

Bank Al-Maghrib Joins Afreximbank’s PAPSS to Drive Intra-African Trade

July 8, 2025
Kwasi Sibo
Sports

Kwasi Sibo Eyes Black Stars Call-Up

July 8, 2025
Rishi Sunak Joins Goldman Sachs As Adviser
UK

Rishi Sunak Joins Goldman Sachs As Adviser

July 8, 2025
Dr. Cassiel Ato Forson, Gold, Ghana
General News

Ato Forson Declares War on Gold Smuggling at GoldBod Task Force Inauguration

July 8, 2025
Us Supreme Court Approves Handover Of Trump’s Tax Records
USA

House Democrats Demand Release Of Epstein Files Involving Trump

July 8, 2025
Noble Nketsiah Denies Being Gay, Womaniser
Entertainment

Noble Nketsiah Denies Being Gay, Womaniser

July 8, 2025
Bank Al-Maghrib Joins Afreximbank’s PAPSS to Drive Intra-African Trade
Banking

Bank Al-Maghrib Joins Afreximbank’s PAPSS to Drive Intra-African Trade

by Stephen M.CJuly 8, 2025
Kwasi Sibo
Sports

Kwasi Sibo Eyes Black Stars Call-Up

by Evans Junior OwuJuly 8, 2025
Rishi Sunak Joins Goldman Sachs As Adviser
UK

Rishi Sunak Joins Goldman Sachs As Adviser

by Lawrence AnkutseJuly 8, 2025
Dr. Cassiel Ato Forson, Gold, Ghana
General News

Ato Forson Declares War on Gold Smuggling at GoldBod Task Force Inauguration

by Silas Kafui AssemJuly 8, 2025
Us Supreme Court Approves Handover Of Trump’s Tax Records
USA

House Democrats Demand Release Of Epstein Files Involving Trump

by Comfort AmpomaaJuly 8, 2025
Noble Nketsiah Denies Being Gay, Womaniser
Entertainment

Noble Nketsiah Denies Being Gay, Womaniser

by Esther Korantemaa OffeiJuly 8, 2025
Bank Al-Maghrib Joins Afreximbank’s PAPSS to Drive Intra-African Trade
Kwasi Sibo
Rishi Sunak Joins Goldman Sachs As Adviser
Dr. Cassiel Ato Forson, Gold, Ghana
Us Supreme Court Approves Handover Of Trump’s Tax Records
Noble Nketsiah Denies Being Gay, Womaniser
[/vc_row_inner]

Recent News

  • Bank Al-Maghrib Joins Afreximbank’s PAPSS to Drive Intra-African Trade
  • Kwasi Sibo Eyes Black Stars Call-Up
  • Rishi Sunak Joins Goldman Sachs As Adviser
  • Ato Forson Declares War on Gold Smuggling at GoldBod Task Force Inauguration
  • House Democrats Demand Release Of Epstein Files Involving Trump
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.