Ghanaian Mining Stake: Calls Grow for Increased Local Participation in Resource Wealth

Ghanaian Mining Stake: Calls Grow for Increased Local Participation in Resource Wealth

Policy analyst and Extractive Industries Transparency Initiative (EITI) expert Dr. Steve Manteaw has publicly backed efforts to increase Ghanaian ownership and participation in the nation’s mining sector. The call comes amid public debate surrounding the renewal of Gold Fields’ Tarkwa mining lease, highlighting a widespread sentiment that Ghana is not adequately benefiting from its vast mineral resources. Dr. Manteaw’s remarks were made on Joy News’ PM Express on Wednesday, emphasizing a desire to see greater value from the industry retained within the country.

Public Sentiment Fuels Debate

The unusual public interest in the Tarkwa lease renewal stems from long-standing concerns about Ghana’s share of mining revenues. Dr. Manteaw explained that comments from public officials suggesting Ghana retains only a small fraction of the value generated by the mining industry have amplified these perceptions.

Leave a Reply

Your email address will not be published. Required fields are marked *