Ghana is set to host a major event on sustainable mining from June 2-4, 2025, focusing on artisanal and small-scale gold mining and its economic contributions. Leaders from various global organizations will discuss responsible mining practices, with a focus on enhancing community welfare and economic growth. The government’s initiatives and upcoming major mining projects highlight Ghana’s strategic vision for future growth in the mining sector.
Ghana will host its premier event, focusing on sustainable mining and local economic growth, from June 2 to June 4, 2025, at the Kempinski Hotel Gold Coast City in Accra. Themed “Sustainable Mining & Local Growth – Leveraging Resources for Global Impact,” the event will feature high-level panel discussions, project showcases, and exclusive networking opportunities, highlighting promising opportunities in the nation’s mining sector.
The event will gather global leaders and sustainability experts, including representatives from the World Bank, World Gold Council, United Nations, African Union, and ECOWAS. They will discuss how responsible mining can foster economic growth, enhance community welfare, and underpin global economic stability, emphasizing the substantial returns and employment generation associated with mining investments.
Ghana is focusing on mining as a fundamental driver of socioeconomic development, particularly through the artisanal and small-scale gold mining (ASGM) sector. This important sector generated over US$5 billion in export revenue in 2024, contributing to 35% of the nation’s total gold production and providing over 1 million direct jobs, impacting an additional 4 million indirectly. The event will highlight Ghana’s model for sustainable artisanal mining and its significance in community development.
Otumfuo Nana Osei Tutu II, the King of the Ashanti Kingdom, will address the influence of traditional leadership in shaping the ASGM industry. The discussions will focus on key concerns in Ghana’s mining sector, including the newly established Gold Board aimed at maximizing ASGM revenues through responsible management and value addition.
The contributions to GDP from all mining industry stakeholders are significant. The International Monetary Fund forecasts a 1.5% growth in Ghana’s GDP for 2025, supported by ongoing mining sector expansion. Deloitte anticipates a 3% rise in gold output for 2025, solidifying Ghana’s position as a key gold exporter. The government is fostering enhanced partnerships with global exploration and production firms to boost mineral exploration and output.
Major mining projects, such as the 358,000 ounces per year Cardinal Namdini Mine, the 325,000 ounces Ahafo North Project, and the 163,000 ounces Black Volta Gold Project, are scheduled for commissioning in 2025 and 2026. As Ghana enhances its global mining presence, Mining in Motion will emphasize the industry’s economic contributions.
H.E. John Dramani Mahama, President of Ghana, will unveil the country’s socioeconomic vision, highlighting achievements in mining growth and sustainability initiatives. Industry leaders will explore collaboration opportunities between large-scale mining firms and ASGM stakeholders to drive sector-wide growth.
In conclusion, the upcoming event in Ghana signifies a pivotal moment for the mining sector, emphasizing sustainable practices and local economic advancement. With a robust focus on the ASGM sector, the event aims to facilitate discussions around responsible mining to foster community development and economic stability. Ghana’s strategic partnerships and ambitious projects further underscore its commitment to becoming a leading player in the global mining landscape.
Original Source: africanminingmarket.com
