President John Mahama has challenged African nations to remodel their mining sectors from mere extraction to value-added industrialisation.
Talking on the opening of the three-day “Mining in Movement” summit, President Mahama highlighted the paradox of mineral-rich nations remaining among the many world’s poorest.
“Africa’s minerals proceed to gasoline world industries whereas our individuals see little profit. We should shift from exporting uncooked supplies to constructing refineries, processing crops, and manufacturing capabilities that create jobs and seize worth domestically”, President Mahama said.
The President outlined Ghana’s strategic method to the mining sector reform, highlighting the event of downstream industries for mineral processing, formalising artisanal and small-scale mining operations and implementing strict environmental protections and selling sustainable practices.
He additionally talked about adopting know-how for excavator monitoring and chemical monitoring, and positioning Ghana as a key participant within the world clear power mineral provide chain.
President Mahama additionally touched on the worldwide transition to wash power and the growing demand for crucial minerals like lithium and graphite.
He emphasised Ghana’s readiness to play a central position on this new world panorama, establishing coverage, authorized, and funding frameworks to discover and develop crucial mineral reserves.
The President concluded by emphasising the necessity for transparency, accountability, and good governance within the mining sector, making certain that mining revenues profit all communities and promote improvement.
In an in depth presentation, the Minister for Lands and Pure Sources, Hon. Emmanuel Armah-Kofi Buah (MP), elaborated on the necessity for accountable and sustainable artisanal mining practices in Ghana.
He highlighted the challenges posed by illicit mining, together with environmental degradation and well being implications.
Mr Buah says artisanal and small-scale mining has been a big sector in Ghana, with over 1 million individuals engaged within the commerce.
Nonetheless, the sector has been stricken by challenges, together with the destruction of water our bodies and forests. He cited a current report that 5,500 hectares of Ghana’s forest reserves had been destroyed.
To deal with these challenges, the Minister outlined a five-pillar method to deal with the problem, together with reforming the licensing regime, Regulation enforcement, Provision of Various Livelihoods, Stakeholder Engagements, and Reclamation of Degraded Lands with an emphasis on the Tree For Life program, which is ready to kick off in June 2025.
He additionally highlighted the crucial want to manage and monitor the imports and use of excavators and different earth-moving gear into the nation.
Hon. Armah-Kofi Buah additionally emphasised the significance of group possession and participation in mining actions.
He famous that large-scale mining corporations can be inspired to increase their greatest practices to the Small-Scale Mining Cooperatives.
The federal government would work with stakeholders to create jobs and promote sustainable mining practices.
He concluded by emphasising the necessity for a mindset shift within the mining sector—from prioritising earnings over individuals and the surroundings to balancing financial improvement with social and environmental duty.
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DISCLAIMER: The Views, Feedback, Opinions, Contributions and Statements made by Readers and Contributors on this platform don’t essentially characterize the views or coverage of Multimedia Group Restricted.
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