Mining communities must be treated as development partners and economy shareholders – Sammy Gyamfi
Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has called for greater local ownership and participation in Ghana’s mining industry, arguing that communities where mineral resources are extracted must benefit more directly from the wealth generated.
Sammy Gyamfi, CEO of the Ghana Gold Board (GoldBod), has urged for increased local involvement and investment in Ghana's mining sector. Speaking at a National Mining Dialogue, he emphasized that mining communities should no longer be viewed as mere extraction sites but as essential partners in the sector's growth. "Mining communities must be treated as development partners and economic shareholders," he stated.
Gyamfi highlighted the historical issue of foreign-led mining, with a significant portion of the country's mineral wealth leaving Ghana through various means. He pointed to Obuasi as an example where the gap between mineral wealth and local development persists. Gyamfi stressed that mere resource presence does not guarantee economic transformation; it requires deliberate ownership, partnerships, infrastructure, and sound policies.
He advocated for policies that boost local ownership, strengthen domestic supply chains, and promote local processing of minerals. His message was clear: to achieve a new narrative, Ghana must own more, develop more, and retain more of its mineral wealth.
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