• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

MIIF CEO Projects Strong Growth for Ghana’s Mining Sector at Stakeholder Conference

12 months ago
in Business, Economy, Features, highlights, Home, home-news, latest News, Mining
1 min read
0 0
0
91
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

MIIF CEO Projects Strong Growth for Ghana’s Mining Sector at Stakeholder Conference

Edward Nana Yaw Koranteng, Chief Executive of Ghana’s Minerals Income Investment Fund (MIIF), has projected a promising outlook for the country’s mining sector, underlining its central role in Ghana’s economic development.

Speaking at the MIIF Stakeholder Conference on October 15, 2024, in Accra, Mr Koranteng highlighted the Fund’s strategy to create long-term generational wealth through investments in value addition and localisation across the mining industry.

The conference, themed “Minerals Value Addition and Value Chain Development – Essential Tools for Ghana’s Development,” attracted key stakeholders, including government officials and industry experts, to discuss the future of the sector.

Mr Koranteng reiterated MIIF’s commitment to positioning mining as a cornerstone of Ghana’s economy, with a focus on Environmental, Social, and Governance (ESG) initiatives. One flagship project, “Operation Clean the Water Bodies,” launched in collaboration with the University of Mines and Technology, aims to tackle water pollution caused by illegal mining activities.

Addressing the need for sustainable development in mining communities at the Conference, Deputy Minister of Lands and Natural Resources, George Mireku Duker, called for faster development of downstream industries and stronger royalty compliance from mining companies.

David Ofosu-Dorte, Senior Partner at AB & David, also urged African nations to shift away from raw mineral exports and focus on value-added production, aligning with the African Union’s long-term development goals.

RelatedPosts

Inflation to Remain Within 8+/-2 Target Band by End-Q4, Says BoG Governor

BoG to Begin $1.1bn FX Intermediation Under Domestic Gold Purchase Programme this October

Ghana Aims for Victory Against Central African Republic in Crucial World Cup Qualifier

In line with MIIF’s ambitions, Mr Koranteng announced plans to introduce a dividend payout policy designed to protect the Fund from political interference and boost investor confidence. He also outlined a new framework with the Ghana Revenue Authority (GRA) aimed at improving royalty collection.

Among MIIF’s recent investments is a $25 million stake in Injaro, a company involved in the mining supply chain. The Fund is also actively exploring investments in strategic minerals, such as graphite and lithium, which are seen as critical to the global transition to renewable energy.

Looking ahead, MIIF has set an ambitious target to expand its assets to $6 billion over the next decade, positioning itself as a key player in Ghana’s economic transformation.

Tags: Ghana’s Mining SectorMIIFMIIF CEO Projects Strong Growth for Ghana’s Mining Sector at Stakeholder Conference

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

Banks Write off GHS 893m in Bad Loans for First Half of 2025 

Former Bank of Ghana Deputy Governor Wins Inaugural Women in Leadership Fellowship at Oxford

Banking Industry: Non-Performing Loans Edge Higher to GHS 20.7bn

‘The Gulf of Guinea is our Wall Street, IMF, and World Bank Combined’, Says Air Vice Marshal Hanson 

GJA President Underscores Vital Role of Journalists in Safeguarding Ghana’s Maritime Domain

Barrick Exits Ivory Coast With $305 Million Tongon Mine Sale

Trending

Banking & Finance

Inflation to Remain Within 8+/-2 Target Band by End-Q4, Says BoG Governor

October 7, 2025

Inflation to Remain Within 8+/-2 Target Band by End-Q4, Says BoG Governor Governor of the Bank of...

BoG to Begin $1.1bn FX Intermediation Under Domestic Gold Purchase Programme this October

October 7, 2025

Ghana Aims for Victory Against Central African Republic in Crucial World Cup Qualifier

October 7, 2025

Banks Write off GHS 893m in Bad Loans for First Half of 2025 

October 7, 2025

Former Bank of Ghana Deputy Governor Wins Inaugural Women in Leadership Fellowship at Oxford

October 7, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.