The Minister for Lands and Natural Resources, Emmanuel Armah Kofi Buah, MP, has called on investors to take advantage of the country’s rich mineral resources and business-friendly environment.
Speaking at the 26th Annual African Mining Breakfast and Seminar in Toronto, Canada, on Tuesday, 4th March 2025, the Minister emphasised Ghana’s role as Africa’s top gold producer and its potential for expansion in the mining sector.
He noted that the new government, led by President John Dramani Mahama, is determined to create a conducive environment for businesses and that investors should take advantage of its business-friendly policies.
“Under the leadership of His Excellency President John Dramani Mahama, we are looking to ensure that the mining industry is not only profitable but also sustainable, ensuring long-term returns for investors while creating jobs and industrialisation opportunities for our people,” the Minister said.
“Ghana is a country that needs no introduction in the mining world. We are Africa’s leading gold producer and a country with a proud mining heritage dating back to 1897, and home to some of the world’s top mining firms, including Newmont, Gold Fields, and AngloGold Ashanti.”
“We continue to attract new entrants who recognise our business-friendly environment and untapped potential. But Ghana is more than just gold. We are a nation blessed with a wealth of natural resources, from bauxite and manganese to the recent discovery of lithium in commercial quantities – a mineral critical to the global green energy transition. 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.”
He emphasised Ghana’s commitment to sustainable mining practices, moving beyond the traditional “dig and ship” model to a value-added approach.
He also noted the country’s efforts to diversify its mineral base, foster in-country processing, and enhance local content participation, saying,
“Ghana is not just open for business; we are open for sustainable, mutually beneficial partnerships. We therefore invite you to join us in exploring the immense potential of Ghana’s mining sector,” he added.
The Minister also highlighted the country’s recent discovery of lithium, a critical mineral for the global green energy transition.
“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,” he said.
He further emphasised Ghana’s stability and resilience, making it an attractive destination for investors.
“In an era where economic and political stability are even more critical for investments, Ghana stands out as a beacon of economic and democratic stability in a region often characterised by volatility. Our peaceful transitions of power, robust legal frameworks, and investor-friendly policies have made us a preferred destination for mining investment, consistently being ranked among the top investment destinations in Africa.”
“Our economy remains resilient, underpinned by strong institutions and a vibrant private sector. We are also proud to host the headquarters of the African Continental Free Trade Area (AfCFTA) in our beautiful capital city of Accra – a testament to our commitment to regional integration and economic growth, and offering unparalleled access to a market of 1.2 billion people across Africa,” he noted.
The seminar, held on the sidelines of the Prospectors and Developers Association of Canada (PDAC) Convention, brought together governments, investors, and industry leaders to discuss opportunities and challenges in Africa’s mining sector.
Ghana’s participation in the event underscores its commitment to strengthening ties with Canada and attracting investment to its mining sector.
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