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General News of Monday, 2 June 2025

    

Source: www.ghanawebbers.com

Mahama calls for transformation of Africa's mining sector

President John Mahama has urged African nations to improve their mining sectors. He wants a shift from simple extraction to value-added industrialization.

At the "Mining in Motion" summit, he pointed out a troubling fact. Mineral-rich countries often remain among the world's poorest. He said, "Africa's minerals fuel global industries, but our people see little benefit."

Mahama stressed the need to stop exporting raw materials. Instead, he called for building refineries and processing plants. This would create jobs and capture local value.

He shared Ghana's strategy for mining sector reform. This includes developing downstream industries for mineral processing. It also involves formalizing small-scale mining operations and enforcing environmental protections.

The President mentioned using technology for excavator tracking and chemical monitoring. He aims to position Ghana as a key player in clean energy minerals.

He discussed the global shift to clean energy and rising demand for minerals like lithium and graphite. Ghana is ready to take on a central role in this new landscape.

Mahama emphasized creating policies that support exploring critical mineral reserves. He also highlighted the importance of transparency and accountability in mining revenues.

Minister of Lands and Natural Resources, Hon. Emmanuel Armah-Kofi Buah (MP), spoke about sustainable artisanal mining practices in Ghana. He addressed challenges posed by illegal mining, such as environmental damage and health risks.

Buah noted that over 1 million people work in artisanal and small-scale mining in Ghana. However, this sector faces significant issues like water body destruction and deforestation.

He cited a report showing 5,500 hectares of forest reserves have been destroyed recently. To tackle these problems, he proposed a five-pillar approach focusing on licensing reform, law enforcement, alternative livelihoods, stakeholder engagement, and land reclamation.

The Tree For Life program will start in June 2025 as part of this effort. Buah also stressed regulating excavator imports into the country.

He highlighted community ownership in mining activities as crucial. Large-scale companies should share best practices with small-scale cooperatives.

The government plans to collaborate with stakeholders to create jobs while promoting sustainable practices. Buah concluded by calling for a mindset shift towards balancing profits with social responsibility.