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Samuel Jinapor, Minister for
Land & Natural Resources, Ghana
“Government is, therefore, mation and transparency in administration, Political stability is also an advantage
mindful of the need to implement and has improved the ease of doing busi- over West African neighbours.
mining-friendly policies to sustain ness in the mining industry in Ghana.” “The strong political stability, anchored
these achievements, while ensur- With an industry dating back decades, on a vibrant democratic culture, makes her
ing environmental sustainability Ghana’s gold industry boasts a depth and conducive for investment,” Jinapor said.
and protecting the interest of citi- maturity fast-growing neighbours such Mali “With a stable democracy, spanning over
zens and investors alike,” Jinapor and Burkina Faso cannot replicate. Speak- 30 years of peaceful elections and changes
said at ADU. ing at a Ghana Unlocked investment lunch of government, investors are assured of the
Ghana has walked back the on the sidelines of ADU, Jinapor said that protection of their rights. Our respect for the
more restrictive elements of its experience gave his country a distinct ad- rule of law has earned us the enviable title
regulatory framework and is re- vantage. of ‘the beacon of democracy in Africa’.”
invigorating its licensing system “We have a highly experienced work- Several Australian-based companies
to encourage greater exploration. force with Ghanaians working in the mining are at the vanguard of new generation of
“These reforms have led to the industry around the world,” he said. “Our new developments in the country. Cardinal
introduction of a cadastral system goal is to make Ghana the mining hub of Namdini continues to advance the Namdini
to improve mineral licensing ad- Africa, where all mining and mining-related gold project in northern Ghana, two years
ministration which, together with activities, from exploration to downstream after being acquired by Shandong Gold in a
the online application for mineral production, and from research to innova- $500 million deal, while Azumah Resourc-
rights, improved access to infor- tion, will be centred.” es is also close to making a development
decision on its Black Volta gold project.
The Ghana Unlocked investment lunch at ADU was a lockout with more than 100 delegates joining Jinapor said such projects proved that
the discussion while Ghana’s gold resources were mature,
they were far from fully exploited, particu-
larly in non-traditional regions.
He also highlighted Brisbane-based,
London-listed Atlantic Lithium Ltd’s devel-
opment of the Ewoyaa lithium project near
Accra as an example of the potential for
new mineral development.
“The green transition makes this diversifi-
cation even more imminent. Luckily, we are
endowed with most of these green minerals
such as lithium, cobalt, nickel, graphite, rare
earth elements (REE), iron, copper, and
phosphate, which are yet to be explored.”
aUSTRaLIa’S PaYDIRT OCTOBeR 2022 Page 19

