IEA Proposes a Ghana Mining Company


March 18, 2026

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IEA Proposes a Ghana Mining Company

We are pleased to see that the Damang Mine will revert to the State, a significant milestone that reinforces Ghana’s sovereignty over its natural resources and opens the door for stronger local participation in the mining sector.

On the back of this development, we propose that Government establishes a Ghana Mining Company to hold ownership of all mines on behalf of the State.

The company will then contract a consortium of indigenous mining service providers to operate the mine, ensuring that local expertise is fully utilized while maintaining strategic national oversight.

By adopting this approach, Ghana can build a robust, locally driven mining ecosystem that enhances value retention, supports job creation, and secures long-term national benefits from its mineral resources.