Sunday, 22 December

Ghana showcases mining opportunities at Dubai expo

Business
Bauxite mine

The Ministry of Lands and Natural Resources has showcased the various mining investment opportunities of the country at Ghana's pavilion, as part of the country’s participation in the World Expo 2020 at Dubai in the United Arab Emirates.

Ghana Integrated Iron and Steel Development Corporation (GIISDEC), Minerals Commission, and Precious Minerals Marketing Company (PMMC) took their turns to market promising iron ore deposits in commercial quantity, processes to source quality precious minerals and Ghana's mineral resource endowment, respectively to countries and investors.

The Deputy Minister of Lands and Natural Resources, Mr George Mireku Duker, on behalf of the sector minister, led breakfast meetings with prospective Indian and Chilean investors on their quest to invest in Ghana on Saturday, 21 November 2021.

He assured the investors of a very credible "traceability system of precious minerals" sourced from Ghana while dispelling fears of fraud in the sector.

Climaxing the engagements, Mr George Mireku Duker, MP for Tarkwa Nsuaem Constituency in the Western Region and Mr Yofi Grant, CEO of Ghana Investment Promotion Center (GIPC), represented Ghana at the FIN Africa/UAE Trade and Investment Forum at which there were ministers of states, CEOs, business moguls among others as participants.

At the forum, Mr Duker outlined opportunities in the sector ranging from gold trading, exploitation of development minerals and base metals; developing the value chain of the exploitation of iron and bauxite deposits (mining through refinery solution, smelting, finished products) and mine support services.

He used the opportunity to reiterate the favourable fiscal and legislative framework governing mining in Ghana while stressing the government’s commitment toward adding value to minerals mined in Ghana.

 

Mr Duker was accompanied on the trip by Barbara Oteng Gyasi, Board Chairperson, Minerals Commission; Mr Peter Awuah, Technical Director of Mines; Mr Daniel Boamah, Director-General of Ghana Geological Survey Authority (GGSA); and Shirley Kyei, Deputy CEO of Minerals Commission.

Source: classfmonline.com