Ghana's mining boss, Andrew Tandoh, says the country wants better deals with miners, not government takeovers. The government did not renew Gold Fields Ghana's lease at Damang Mine because it wanted fairer agreements. Tandoh stressed that Ghana supports foreign investors, but old colonial-style deals cannot continue forever. He explained that 30-year mining leases need fresh terms when they end.
Tandoh made clear that this push helps Ghanaian people benefit from the resources under their feet. He welcomes investors who want fair partnerships that benefit both sides. The Minerals Commission currently reviews all mining agreements to protect Ghana's future interests. Tandoh believes serious investors care about stability more than paying their fair share.
These changes represent a planned strategy rather than sudden decisions. Ghana remains open for business but wants better terms for its citizens. The government aims to create mining deals that help build infrastructure and support local communities. These policy shifts focus on making sure Ghanaians receive proper value from their natural wealth.
Tandoh made clear that this push helps Ghanaian people benefit from the resources under their feet. He welcomes investors who want fair partnerships that benefit both sides. The Minerals Commission currently reviews all mining agreements to protect Ghana's future interests. Tandoh believes serious investors care about stability more than paying their fair share.
These changes represent a planned strategy rather than sudden decisions. Ghana remains open for business but wants better terms for its citizens. The government aims to create mining deals that help build infrastructure and support local communities. These policy shifts focus on making sure Ghanaians receive proper value from their natural wealth.