Minerals Commission engages UK on mining lease reform, local content

The Minerals Commission has engaged the British High Commission in Accra on proposed regulatory reforms and efforts to deepen responsible and sustainable investment in Ghana’s mining sector.

The Chief Executive Officer of the Minerals Commission, Isaac Andrews Tandoh, led a delegation from the Commission on a courtesy call to the British High Commission, where discussions focused on Ghana–UK cooperation in the minerals sector.

Mr Tandoh highlighted the proposed reduction of mining lease tenure from 30 to 20 years, describing the reform as an effort to establish a legal framework that protects Ghana’s national interests while providing investors with adequate certainty and protection.

The discussions also focused on strengthening local content and increasing Ghanaian participation across the mining value chain.

Mr Tandoh reiterated the government’s commitment to creating greater opportunities for Ghanaian businesses, professionals and communities to derive more value from the country’s mineral resources.

He also reaffirmed Ghana’s commitment to stronger trade relations with the United Kingdom and highlighted the government’s ambition to ensure that, from 2030, only refined gold is exported.

The proposed policy forms part of Ghana’s broader drive to increase local value addition and promote industrialisation within the minerals sector.

The British High Commission welcomed the regulatory updates and expressed its continued support for responsible and sustainable investment in Ghana’s mining industry.