body-container-line-1

My administration will ensure Ghanaians wholly operate medium-scale mining — Mahama

Mining Former President John Dramani Mahama
WED, 15 MAY 2024 LISTEN
Former President John Dramani Mahama

Former President John Dramani Mahama has pledged that a future National Democratic Congress (NDC) government led by him will ensure Ghanaians wholly operate medium-scale mining operations in the country.

Delivering the keynote address as the Special Guest of Honour at the 3rd Annual Transformational Dialogue on Small-scale Mining at the University of Energy and Natural Resources in Sunyani, Mr Mahama said it is his vision to reform Ghana's mining sector.

According to Mr. Mahama, "Ghana's small-scale mining sector is perhaps the only economic sector with only two categories—small and large. Some mines within the small-scale category have grown beyond ‘small’ but are not large enough to qualify as large-scale."

"My government will structurally reform the entire mining sector through a comprehensive re-categorisation into Small-Scale (SSM), Medium-Scale (MSM), and Large-scale (LSM), each with specifically tailored operational, environmental, and safety requirements," he added.

In what can be seen as a major policy shift, the NDC flagbearer indicated that "we will take deliberate and conscious policy steps to ensure that Ghanaians wholly operate Medium-scale (MSM) mining operations without foreign frontrunners."

Mr. Mahama believes this reform of the mining sector through re-categorisation and ensuring sole Ghanaian ownership of MSM will make sector regulation much easier and more effective.

This policy promise by the former President comes amid concerns in some quarters about the perceived foreign domination of Ghana's mining industry.

Isaac Donkor Distinguished
Isaac Donkor Distinguished

News ReporterPage: IsaacDonkorDistinguished

body-container-line