Amid capital flight out of African fossil fuel projects, the Chief Executive Officer (CEO) of Ghana National Petroleum Corporation (GNPC), Opoku-Ahweneeh Danquah, says there is a clear impetus for increased involvement of the financial sector in securing long-term capital for oil and gas projects. Energy investment trends - according to...
“In fact, if I had my way mining in forest reserves by both local and international companies would be banned. Also, all pending applications for mining in forest reserves and near water-bodies should be withdrawn.” Political instability and economic stagnation in some West African countries could perhaps be fuelling the...
On Wednesday 5th October, 2022, I had the opportunity to participate in two meetings in Kumasi on the phenomenon of illegal artisanal (small-scale) mining, popularly known as galamsey. The meetings were convened at the request of His Excellency the President of the Republic. The first was with the National...
The Chief Executive Officer of Petrosol Ghana Ltd., Michael Bozumbil, has commended Dr. Mustapha Abdul-Hamid, Chief Executive-National Petroleum Authority (NPA), for the bold steps he has taken to sanitise the downstream petroleum industry by enforcing industry regulations for a level playing field. He has therefore encouraged him to continue on...
The Associate Executive Director of WACAM, Hannah Owusu-Koranteng, has stated that mining communities - especially cocoa farming areas - are being completely demolished as a result of weak laws and the lobby power of mining companies, which have emboldened them to bully farmers and local residents. She stressed that mining...
We need a 10-year embargo, freeze or moratorium on all forms of mining The history of the Old Ghana Empire should inform the current generation of our citizens and the political class, especially the Parliamentarians (MPs) that we need to enact or pass a law to place a 10-year...
In the process of energy transition, it has become imperative for government to review the underlying fiscal regime for critical (transition) minerals as the country is endowed with several mineral resources: including manganese, bauxite/aluminium, iron ore, silica, graphite and lithium. The energy transition, which is a pathway toward transforming the...
…as energy transition pressures loom   The country will continue to accelerate production and utilization of its oil and gas reserves while striking a balance between its social, economic and environmental requirements and emissions, Vice President Dr. Mahamudu Bawumia has said. “Ghana has set a target of 2070 to fully transition...
Oxford University’s African Studies Centre has officially announced its cooperation with Ghana Gold Expo Foundation to organise the first Strategic Mining Workshop on CSR and Community Engagement, Impact in December 2022 at Takoradi. Professor Miles Larmer, Director of the African Studies Centre, explained that the vision for the workshop, which...
As I write this article, my heart bleeds because of the wanton destruction of our environment in the search for gold by both Ghanaians and non-Ghanaians. This is the seventh article I am writing in two years on the menace of illegal mining to our water resources, forests and environment....