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Sunday, February 5, 2023

“The era of exporting raw mineral resources is over”: Lands Minister declares as he engages Emmaland Resources Limited

Ghana’s Minister for Lands and Natural Resources Lawyer Samuel A. Jinapor has tasked Emmaland Resources Limited, a mining company responsible for the exploitation of iron ore and bauxite deposits in Sheini in the Tatale district of the Northern region to integrate its production to serve the country’s national interest. This he insists will foster economic advancement in the Ghana and Northern region particularly.

He revealed that central to the equation given by the president of the Republic Nana Addo Dankwa Akufo-Addo for the exploitation of the mineral resources of Ghana particularly bauxite and iron ore is the component of integration, thus management of the mining company must ensure that the production value chain is the prerogative of Ghanaian citizens.

“The exploitation of these resources must be integrated. The mining, refinery, and downstream industrialization must all take place here in Ghana. The president thinks the paradigm where we export raw materials only for finished goods to be imported into our country will not serve the national interest,” he stressed.

The Geologist of Emmaland, Eng. Abigail Adjei assured the Minister her team will collaborate with Ghana Integrated Iron and Steel Development Corporation (GIISDEC) for a sustainable mining process, “We have the data with which we’re ready to bring Ghana to a level of an integrated iron and steel industry.”

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Lawyer Jinapor who was on a one-day working tour in the Northern region with his Deputy Minister in charge of Mines Mr. Mireku Duker also hinted that his ministry will soon engage Ghana Integrated Iron and Steel Development Corporation on a roadmap for the exploitation of the iron deposit in Sheini.

More than 1.7 billion tonnes of iron ore estimated to have a net worth of 3 billion was discovered during an exploration exercise at Sheini when the West African country of 31.8 million population was mapping its natural resources. The volume of the mineral deposit was estimated to hit three billion by the end of the exercise.

The first discovery was made in 1929. The deposit was at first traced at intervals south of the Mosla River, a tributary of the Oti River. Geological Survey commenced in 1952 to 1957. The results of the studies were published in 1958 – 1962 and in 1965, the Soviet Geological Survey Team also carried out extensive drilling of the deposits accompanied by further geological mapping and ore estimation.

The Ghana Integrated Iron and Steel Development was established by an Act of parliament in March 2019 to develop and promote an Integrated Iron and Steel Industry. The Ghana Integrated Iron and Steel Development Act 2019 (ACT 988) establishes the contractual relationship between the state, GIISDEC, and prospective investors in the development and promotion of the economy and efficiency of the integrated iron and steel industry along the entire iron and steel value chain: from the mining of iron ore and its related minerals to the production of iron and steel for industrialization and economic growth.

By: Zubaida Mabuno Ismail | www.zamireports.com| Ghana.


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