Retaining all the components of the minerals exploited is the topmost priority of the Government of Ghana and the Minister for Lands and Natural Resources Lawyer Samuel Abdulai Jinapor has never missed the opportunity to trumpet that in any engagement he has had with stakeholders in the mining sector.
His latest was with the management of the Gold Fields Ghana Limited where the sector minister reiterated the administration’s resolve to ensure that Ghana becomes the mining hub in Africa. This he says will commence with ensuring that no raw materials leave the shores of the country with refined products imported at exorbitant prices as it has been the case in decades.
Ghana Gold Production was reported at 130,000.000 kg in Dec 2021. This records an increase from the previous figure of 125,000.000 kg for Dec 2020. The country’s Gold production data is updated yearly, averaging 72,154.500 kg from Dec 1990 to 2021, with 32 observations. It reached an all-time high of 142,000.000 kg in 2019 and a record low of 16,800.000 kg in 1990 according to a 2021 U.S Geological survey.
“In 2019, 10.8 billion U.S. dollars worth of gold were exported from Ghana, slightly increasing from the previous year when 10.1 billion U.S. dollars of the mineral were exported. The country’s international trade in gold generally increased over the reviewed period. Ghana is one of the leading exporters of gold in Africa,” statista.com reveals.
“By building Ghana into the mining hub of Africa, President Akufo-Addo’s government’s vision is to ensure that all the components, from exploitation, refinery to the downstream industry of the value chain exist in the country, Including the mining financial centre of Africa,” he said on 22nd March at a meeting in Tarkwa in the Western region during a one-day working visit to the mining site.
The government according to the lawmaker cannot achieve this without the partnership and cooperation of mining companies such as the Gold Fields.
“We don’t have to operate on the bases of adversaries but rather on the bases of partners. I am here to extend a hand of partnership. Let us work together to build the Mining industry in Ghana. Let us be partners, let us cooperate,” Lawyer Jinapor requested of the management of Gold Fields.
“We are the regulators, you are the operators, at the end of the day we need each other to build that mining industry and I as your Minister, am fully committed to working with Gold Fields to build the company into the biggest Mining industry in the world, not just Africa” He continued,” he added.
The one-day working visit was to also ascertain the level of operations, inspect some development projects at the mining site, and interact with the Management and staff of the company.
He revealed that the government is committed to playing its role in creating a conducive environment that will enable Gold Fields and other Mining companies to thrive.
The Member of Parliament for the Damongo Constituency in the Savannah region commended Gold Fields Ghana Limited for taking an initiative to ‘green’ Ghana through oil and other vegetative plantations.
Lawyer Jinapor also announced the health and safety protocols put in place while reiterating that the ministry will pursue the recommendations made by the health and safety committee tasked to review the entire health and safety regime of the mining sector.
The Minister also took a brief tour of the gold room of the Tarkwa Mines. The General Manager Mr Stephen Osei-Bempah said the company has since the incident has taken proactive steps towards ensuring that explosives are transported safely.
Gold Fields has reduced injuries from sixty-five to 5 between 2010 and 2021.
Gold Fields Ghana Limited is one of the biggest gold mines in Africa and the biggest in Ghana with 9 operating Mines and one project in Australia, Chile, Peru and South Africa.