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Ghana still remains the best place for mining investment in Africa, Dr. Toni Aubynn comments

minersThe Chief Executive Officer of the Minerals Commission Dr. Toni Aubynn has said, especially in the West African sub-region.

“Our strength lies in our superb geology which hosts a number of minerals, four key of which have been mined for over 100 years.

“We are also proud of our vibrant political environment which is democratic and peaceful, coupled with good human capital,” he said.

Dr. Aubynn said this when he spoke to media on the sidelines of the on-going Prospectors and Developers Conference (PDAC) in Toronto, Canada.

He challenged investors to take advantage of the lesser-known minerals and the other less explored and exploited minerals including solar salt, graphite, limestone and clay, among others.

Gold, bauxite, manganese and diamonds, continue to be the key minerals the country has mined commercially for over a century, with gold being the flagship mineral.

Dr. Aubynn hinted that the occurrence of over 20 other minerals, including lead, zinc, copper, and PGM minerals, hitherto unknown in the country, holds prospects for investors who want to catch the early bird.

Reacting to a question on power and energy, Dr. Aubynn, admitted that Ghana, like many countries in Africa, faces serious challenges as power supply has not kept pace with the steady growth the economy has experienced over the last couple of decades.

“We are coming out of the trough of energy crisis, but I am encouraged by the plans and efforts that the government has put in place to permanently address the challenge,” Dr. Aubynn assured.

“But at the same time, I see the challenge as a solid opportunity for investors to get in there and solve a business and societal problem for mutual benefit,” he suggested.

Source: B&FT

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Reporting Oil and Gas project was launched on 4th June 2009atTakoradi, Western Region, Ghana by Penplusbytes (PPB – www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector
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