The Ministry of Lands and Natural Resources has begun an engagement with the Ghana Chamber of Mines and some mining companies to locally process 30 per cent of the gold mined in the country.
This is to tap into the synergies along the value chain of the mining industry to ensure that the state derives fair returns from the extractive sector.
The Minister of Lands and Natural Resources, Mr Kwaku Asomah-Cheremeh, said it was the government’s policy to add value to the country’s natural resources and urged multinational mining firms to help achieve that objective.
Speaking at the Annual General Meeting (AGM) of the Ghana Chamber of Mines in Accra last Friday, Mr Asomah-Cheremeh expressed the hope that the initiative would enhance Ghana’s reputation as a mining hub.
“I trust that our partnership with the chamber will facilitate pursuit of the best way to implement this initiative to further boost Ghana’s image as a credible mining destination,” the said.
He said the government appreciated the cooperation of the Chamber of Mines on matters affecting the mining industry.