Ghana has commenced its Mining and Mineral Convention, a two-day event held under the theme: “Shaping the Future of Ghana’s Gold Industry.”
The convention brought together representatives from various organizations, industry leaders, investors, regulators, and stakeholders.
Speaking at the opening ceremony in Accra on Tuesday, the Deputy Minister of Lands and Natural Resources, Mr. Alhaji Yusif Sulemana, emphasized that the government has undertaken several strategic initiatives aimed at establishing a comprehensive and sustainable policy framework for the mining industry.
“These include enhancing transparency, enforcing legislation, and aligning with global sustainability standards to protect our environment and communities,” he stated.
Mr. Sulemana further stressed that the government is committed to ensuring the country’s mineral wealth benefits not only investors but also ordinary Ghanaians.
He underscored that mining must continue to drive industrialization, infrastructure development, and community empowerment.
The Chief Executive Officer of Goldbod, Mr. Sammy Gyamfi, highlighted the need for Africa’s resource-rich nations, including Ghana, to move beyond raw extraction toward value retention as a means of overcoming poverty and underdevelopment.
He noted the progress achieved so far, citing reforms such as aggressive licensing measures, stronger regulatory controls, transparent pricing systems, and anti-smuggling efforts, which have already boosted gold exports.
“Between January and August 2025 alone, Ghana recorded 66.7 tonnes of small-scale gold exports valued at about US$6 billion, surpassing the total export outturn for the whole of 2024,” Mr. Gyamfi revealed.
He announced that by the end of the year, a nationwide gold traceability system will be introduced to ensure that all gold originates from licensed and environmentally compliant mines.
He also unveiled a new Mining Support Program aimed at attracting up to US$1 billion in investment for more than 300 responsible mines.
Mr. Gyamfi called on local financial institutions to support mining investments through bold and innovative financing structures.
“Africa is ready to transform. Ghana is resetting, and Africa is rising,” he concluded.
Judith Twumwaa, ISD
