Ghana bans mining in forest reserves to curb environmental damage

Ghana has banned mining in forest reserves to combat illegal operations and environmental destruction, creating operational constraints for major gold producers including Gold Fields, AngloGold Ashanti, and Newmont despite reducing security costs.

Insights:
Ghana GHGH has implemented a comprehensive ban on mining in forest reserves, marking a major policy shift aimed at protecting water bodies, halting deforestation, and safeguarding the country's cocoa farming sector. The Ministry of Environment, Science and Technology announced the repeal of 2022 regulations that had previously allowed controlled mining in nearly 90% of forest reserves.
Ghana bans mining in forest reserves to curb environmental damage
Ghana bans mining in forest reserves to curb environmental damage
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