Ghana seeks long-term mining investments that benefit local communities – Armah-Kofi Buah
The Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, has reaffirmed Ghana’s readiness to partner with Guangdong Shengmai Tech Co. Ltd. to explore investment opportunities in the country’s mineral sector. Speaking during a meeting with a delegation from the Chinese company, Mr Buah said Ghana was interested in investors who looked beyond short-term profits […]
Ghana’s Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, has reiterated the country’s willingness to collaborate with Guangdong Shengmai Tech Co. Ltd. on potential mining investments. During a meeting with the delegation from the Chinese firm, Mr Buah emphasized his government’s preference for partnerships focused on long-term benefits, particularly for local communities.
He stressed the need for responsible mining practices, including environmental preservation and the rehabilitation of mining sites. Mr Buah outlined Ghana’s expectations for sustainable mining operations that safeguard the environment while enhancing the well-being of those living in mining areas.
The delegation, headed by Tang Zhong Chun, expressed keen interest in investing in Ghana due to the nation’s abundant mineral wealth, stable political climate, and promising investment prospects. Mr Tang introduced the company’s utilization of advanced electromagnetic technology for mineral exploration, which he claimed could substantially decrease exploration time and resources while promoting environmental sustainability and resource enhancement.
He proposed working with the Ministry of Lands and Natural Resources and other relevant bodies to identify prospects where the company’s expertise could aid in developing Ghana’s mineral sector. Additionally, Mr Tang unveiled the company’s long-term objectives, which include establishing a gold refinery and launching a gold branding initiative in Ghana.
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