Mines Chamber

Mines Chamber Laments Declining Exploration Investments

Mines Chamber Laments Declining Exploration Investments

The Ghana Chamber of Mines has expressed worry over the continuous decline of exploration investments in the mining sector, warning that production and revenues could drop if urgent steps are not taken to incentivize and expedite exploration spend With exploration needed to guarantee the continuous production of minerals – and thus revenue to the state, the Chamber says the situation is alarming for a country where mining is critical for forex and fiscal revenue generation. For instance, although the country remains Africa’s top producer of gold, it is least ranked among the most attractive mining destinations in the 2022 Fraser…
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