Ghana's Asantehene urges mining companies to retain profits for national development, aligning with the UK-Ghana Gold Programme's goal to enhance global market access for small-scale miners.
Ghana's Asantehene, Otumfuo Osei Tutu II, urged mining companies to retain part of their profit in the country to help accelerate national development. This aligns with the proposed strategic partnership between the Ghanaian government and the London Bullion Market Association (LBMA), under the UK-Ghana Gold Programme (UKGGP), which aims to enhance global market access for small-scale miners, potentially tapping into a market valued at over $1.5 billion. The LBMA partnership would provide technical support and training to ensure adherence to responsible mining practices.
June 05, 2024
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