Accra: Ghana has made it clear that its estimated 3 trillion ounces of gold still underground will only be mined if the country secures meaningful economic benefits from the extraction of its mineral resources. Chief Executive Officer of the Minerals Commission, Isaac Tandoh, emphasized Ghana's stance on avoiding mining partnerships that primarily benefit investors without significantly impacting the lives of Ghanaians.
According to Ghana Web, Tandoh stated that the country is seeking strategic investors who can help transform its mineral wealth into jobs, skills, businesses, and wider economic opportunities for its citizens. He made these comments at the 2026 China Mining Conference, where Ghana presented its mineral resources and investment opportunities to international investors.
Tandoh highlighted that Ghana still has about 3 trillion ounces of gold underground and stressed the importance of ensuring that every ounce mined positively impacts the lives of the people. This commitment, he noted, forms the basis for determining how Ghana's remaining gold resources are to be developed.
The CEO assured potential investors of Ghana's openness to business, citing a stable investment environment and a transparent mining licensing system. He mentioned that investors are protected by Ghanaian laws, which assure security of tenure over their mining rights and protection against the seizure of property.
Despite these assurances, Tandoh emphasized that investment in Ghana's mining sector must transcend merely extracting and exporting gold. The new approach focuses on creating win-win partnerships, where investors receive fair returns while Ghana benefits from increased economic value, employment, skills development, and improved livelihoods.