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Ghana Seeks Chinese Investors to Boost Gold Mining Value

Minister Emmanuel Armah‑Kofi Buah said the country has not reaped enough benefits from a century of gold mining and is courting Shandong Gold Group to deepen investment and local participation.

Minister Emmanuel Armah‑Kofi Buah speaking with Shandong Gold Group executives in Jinan, China.
Ghana Seeks Chinese Investors to Boost Gold Mining Value

Minister for Lands and Natural Resources Emmanuel Armah‑Kofi Buah warned that Ghana has not derived the level of development benefits it should have from more than a century of gold mining. He said the government is therefore looking for investors with technical expertise, financial capacity and a proven track record to help transform the mining sector and keep more value within Ghana.

Buah made the remarks during a meeting in Jinan, China, with the management of Shandong Gold Group, one of the world’s top ten gold producers. The meeting was part of his engagements with Chinese mining investors on opportunities in Ghana’s extractive sector.

Shandong Gold Group began production in Ghana in 2025 with its Cardinal Namdini Mine in the Upper East Region. The company currently holds eight exploration licences and is seeking lease approval for additional projects. Zhang Xiaohui, the group’s president, noted the mine’s annual processing capacity of 9.5 million tonnes and that about 95 % of the workforce are Ghanaians.

Buah praised the group’s performance and commitment to responsible mining but stressed the need for Ghana to derive greater development benefits from its mineral resources. He said attracting investors with the right expertise and financial strength is essential to develop the sector responsibly and sustainably.

The minister assured responsible investors that the government would create the necessary conditions for investments that comply with Ghana’s mining laws, protect the environment and generate greater value for the economy. He added that increased investment from major mining companies could strengthen responsible large‑scale mining, create jobs and boost value retention in Ghana’s mining sector.

Ghana is also seeking to deepen partnerships with global mining companies as part of efforts to improve environmental protection and ensure the country derives greater economic and social benefits from its mineral resources.

Written by

Daniel

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