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2026 Mining Indaba: Mining sector pulls in over US$20bn in two decades – Lands Minister

Ghana has reaffirmed its position as Africa’s leading gold producer, telling global investors that more than US$20 billion has flowed into its mining sector over the past twenty years.

Addressing participants at the 2026 Mining Indaba, the Minister for Lands and Natural Resources, Emmanuel Armah Kofi Buah, said Ghana remains the most attractive mining destination on the continent, citing political stability, strong institutions and investor protections.

“The sector has attracted more than US$20 billion in investment over the past two decades, with nineteen large scale mining companies currently operating in the country,” he said.

Mr Kofi Buah assured investors that Ghana offers a predictable legal and political environment where contracts are respected and investments are protected, regardless of changes in government.

He stressed that under President John Dramani Mahama, the country remains committed to safeguarding investor confidence.

Ghana is Africa’s top gold producer and ranks sixth globally. Beyond gold, the country holds significant deposits of bauxite, manganese, diamonds, iron ore, cobalt, nickel and other critical minerals that are increasingly in demand for global energy transition and industrial use.

The Minister highlighted Ghana’s position as host of the African Continental Free Trade Area Secretariat, noting that investors in the country gain access to a market of more than 1.3 billion people across Africa.

He pointed to stability agreements, capital allowances and tax incentives as part of measures designed to make Ghana competitive and attractive to investors. He also cited strong institutional oversight as a pillar of the sector’s growth.

The Chief Executive Officer of the Minerals Commission, Isaac Tandoh, reinforced the message of regulatory certainty. He said the Commission is committed to maintaining a transparent and efficient regulatory regime, ensuring the security of mineral titles and improving access to geological data for investors.

On the industry side, the Chief Executive Officer of the Ghana Chamber of Mines, Dr Ken Ashigbey, emphasised the sector’s focus on responsible and sustainable mining. He referenced the Responsible Mining Agenda and ongoing investments in mining education as evidence of the industry’s long term commitment to Ghana’s development.

Together, government officials, regulators and industry leaders presented a united front at the Indaba, projecting Ghana as a stable, responsible and forward looking mining jurisdiction determined to modernise its sector and retain its leadership in Africa.

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