Players lament low growth *In Ghana’s mining sector

 

First Vice President of the Ghana Chamber of Mines and Executive Vice President of the Ashanti Goldfields West Africa, Mr. Alfred Pappoe, has lamented the poor performance of Ghana’s mining sector in the sub-region, which has seen a reduction in investment inflow.

 

He expressed this sentiment while he was speaking at the 91st Annual General Meeting of the Ghana Chamber of Mines which was aimed at assessing the role and celebrating the contributions of Ghana’s mining sector.

 

Mr Pappoe made it clear that neighbours in the sub-region were emerging.

 

In the West African sub-region, according to him, Ghana lagged behind Senegal and Côte d’Ivoire on the rate of doing business. Ghana was also not performing satisfactorily in exploration activities, he added.

 

He noted that mining destinations in the continent were increasing due to the doubling up of investments.

 

The Economy Community of West Africa States (ECOWAS) sub-region is becoming a major player in the mining space.

 

In this regard, he urged the government to put in place a competitive policy environment to attract investments.

 

The Director at the Industrial Relations of the Ghana Employers Association, Mr. Joseph Amoah, while speaking on mining activities said, “Our mineral resources could be harnessed as inputs for holistic sustainable development.

 

He added that “Our mineral resources have great capacity when they are integrated into the economy.”

 

He called on government to step up efforts to streamline illegal mining activity in the country.

 

The mining and energy sector can provide jobs and boost research and development activities.

 

President of the Ghana Chamber of Mines who doubles as the Managing Director of AngloGold Ashanti-Obuasi, Mr Eric Asubonteng, also praised the government’s efforts in tackling illegal mining.

 

He stressed that the Chamber would continue to support government to rid the country of galamsey operations to ensure that the state benefits from the small-scale mining sector.

 

“Effective completely will reduce the acrimony between mining companies and host communities. We have to improve transparency between most mining companies and the mining communities.”

 

He applauded the state security apparatus for their interventions to clamp down disturbances from the perpetrators of “galamsey” in the sector.

 

“The Government keeps using a multifaceted approach to tackle illegal mining,” he noted.

 

Honourable Wisdom Adongo praised the Chamber and its significant contributions to the economy by illuminating the ways in which the Chamber has excelled.

 

 

Story: Freeman KORYEKPOR AWLESU

Writer’s email: freeman.koryekpor@todaygh.com

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