Ghana engages large scale miners on gold policy to boost reserves

Ghana’s Finance Minister Dr. Cassiel Ato Forson has co-chaired a high-level meeting with the Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, to advance the implementation of the Ghana Accelerated National Reserve Accumulation Policy (GANRAP).

The meeting focused on strategies to strengthen Ghana’s foreign exchange reserves and support a more stable cedi, with particular emphasis on reforms to the country’s gold acquisition framework and improving regulatory compliance.

Dr. Forson described the engagement as constructive, stressing that the policy is designed to support national economic stability rather than undermine the mining industry.

“This is a partnership—not anti-industry, but pro-country,” he noted.

The meeting brought together key stakeholders, including leadership of large-scale mining companies, Chief Executive Officer of the Ghana Gold Board, Sammy Gyamfi, and officials from the Minerals Commission.

GANRAP forms part of government’s broader efforts to leverage Ghana’s mineral resources, particularly gold, to build stronger reserves and enhance macroeconomic stability.