The government has dismissed suggestions that its approach to mining partnerships amounts to the nationalisation of mines, insisting instead that its model is designed to balance investor returns with national development goals.
Lands and Natural Resources Minister, Emmanuel Armah-Kofi Buah, made the clarification at the 19th West African Mining and Power Expo (WAMPEX) on Wednesday, June 3, amid ongoing public debate over mining lease renewals and resource ownership.
He explained that Ghana’s mining policy is anchored on a “win-win” framework that allows investors to earn competitive returns while supporting local empowerment, skills transfer, and value addition.
According to him, such partnerships should not be misinterpreted as state takeover of mining assets.
“To our partners and investors, I wish to reaffirm that Ghana remains committed to providing a stable, predictable, fiscal, legal certainty, and transparent environment for investors. So, forget about all the noise you’re hearing,” he said.
Mr Buah stressed that government’s focus is on maintaining a stable and transparent investment climate that encourages long-term participation in the sector.
He further encouraged mining investors to deepen collaboration with Ghana in developing value-added industries that can generate more jobs and strengthen the local economy.
The Minister also called on policymakers and regional institutions to align development frameworks to accelerate industrial growth across West Africa.
He reiterated that Ghana’s long-term vision is to build a modern, responsible and globally competitive mining sector capable of transforming natural resources into sustainable prosperity.
“The opportunity before us is very important. If we act with vision, discipline, and partnership, we can turn West Africa’s natural wealth into jobs and industries that guarantee lasting prosperity,” he said.
