Ghana mining body warns investment risks from lease delays
The Ghana Chamber of Mines warned that lease delays risk hurting investment. CEO Kenneth Ashigbey said policy uncertainty risks undermining security of tenure.
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Ghana risks losing mining investment due to lease revocations and renewal delays affecting major assets like the 427,000-ounce Tarkwa mine. The uncertainty follows the government's decision to reallocate the Damang mine lease to a local contractor last year. Investors face rising tenure risks as the state prioritizes local operators over established international miners.
