Ghana Expands Mining Investment and Shares Sector Reforms

Ghana is aggressively expanding its mining sector through new foreign investments and the export of its regulatory expertise. Emmanuel Armah-Kofi Buah, the Minister for Lands and Natural Resources, recently met with a Chinese delegation from Sino Africa and officials from Asanko Gold Ghana Limited to diversify the country's mining portfolio. Minister Buah urged investors to move beyond gold to explore manganese, iron, and steel, emphasizing local processing to drive job creation. The Chinese delegation expressed interest in these resources and a potential equity stake in Adamus Resources.

As part of these developments, Asanko Gold Ghana Limited renewed its mining leases and announced plans for underground mining and open-pit expansion. The company pledged to transition 250 square kilometers of relinquished land into community mining, while the Minerals Commission committed to protecting worker salaries and benefits during the shift to contract mining.

Parallel to these investment drives, Ghana is positioning itself as a regional leader in resource management. A delegation from the Rwanda Mines, Petroleum and Gas Board, led by CEO Alice Uwase, visited the Ghana Gold Board to study reforms regarding licensing, smuggling prevention, and environmental protection. Ghana Gold Board CEO Sammy Gyamfi highlighted the success of these strategies, noting that gold exports grew from US$10.8 billion in 2025 to US$11.6 billion by October 2026.