In a significant move to bolster its mining sector, Ghana is reaching out to Australian investors to foster deeper collaborations aimed at advancing sustainable mineral development. Emmanuel Armah-Kofi Buah, the Minister of Lands and Natural Resources, made this appeal during the Australian Mining in Africa reception held in Cape Town.
Buah emphasized Ghana’s established reputation as a mining leader, historically recognized as the “Gold Coast.” He noted that this legacy provides a strong foundation for future partnerships. The minister highlighted the enduring relationships between Ghana and Australia, specifically in sectors like mining, agriculture, and education.
During his address, Buah reassured potential investors of Ghana’s commitment to a stable and transparent mining environment, supported by a solid constitutional and regulatory framework that ensures mineral resources are held in trust for the people. “Ghana’s democratic stability, adherence to the rule of law, and predictable business climate are pivotal to our success. We consider our investors as long-term partners rather than short-term profit seekers,” he stated.
The minister outlined various opportunities for collaboration, including geological surveys, mineral processing technologies, and investments in green technologies, especially concerning lithium and other vital minerals. He also announced the government’s decision to eliminate taxes on exploration activities, signaling a welcoming stance towards business ventures.
Ambassador Tegan Brink, Australia’s High Commissioner to South Africa, acknowledged the strengthening ties between Australian and African mining sectors, noting that Australian firms have invested over $40 billion across the continent. Both Ghana and Australia expressed their commitment to enhancing mining cooperation, with Ghana positioning itself as a safe and progressive destination for sustainable mining investments.
