Latest news with #AshantiGreenInitiative
Zawya
23-04-2025
- Business
- Zawya
Ghana Sets Stage for Artisanal and Small-Scale Mining (ASM) Reform, Responsible Gold Leadership at Mining in Motion Webinar
The Ashanti Green Initiative (AGI) today hosted a high-level virtual briefing to provide an exclusive preview of the upcoming Mining in Motion Summit, set to take place on June 2–4, 2025 in Accra, Ghana. The webinar, led by mining governance expert Charles Kwarteng Antwi, presented a bold advocacy agenda for formalizing Ghana's artisanal and small-scale mining (ASM) sector, with the aim of positioning the country as a leader in responsible gold production. 'Today's conversation goes beyond gold – it is about people, progress and possibilities. We are here to explore how innovation, responsibility and collective will can transform the artisanal mining sector into a force for good,' said Charles during his keynote. Ghana, which produces more than 130 metric tonnes of gold annually – 35% of it from ASM – faces a critical inflection point. While the ASM sector supports more than 1.1 million people across over 100 districts, it remains largely informal, limiting miners' access to finance, safety standards and global markets. 'The paradox is clear: while ASM contributes over $2 billion in annual gold exports, the very actors producing this gold remain marginalized from its value,' said Charles. 'The solution lies in the formalization of the sector, not as a tool for punishment, but to be seen as a tool for empowerment.' The Mining in Motion Summit, organized by AGI in collaboration with the World Bank, World Gold Council and other global partners, will convene public and private sector leaders, development organizations and traditional authorities. Key participants include H.E. John Dramani Mahama, President of Ghana, alongside delegations from South Africa, Mali, Côte d'Ivoire, ECOWAS, the African Union and the United Nations Development Program. The event will feature site visits to artisanal mining areas undergoing rehabilitation, and a three-day agenda of panels and working groups focused on responsible sourcing, traceability, formalization strategies and ESG compliance. '[This] is where Africa asserts its place in the global gold economy – not as a passive exporter, but as a standard-setter, innovator and unifier within the space,' said Charles. Additionally, he emphasized the importance of aligning with global gold standards, including the OECD Due Diligence Guidance, the London Bullion Market Association's Responsible Gold Guidance and the UAE Good Delivery Standard. However, implementation requires investment and infrastructure. 'Setting up a compliance infrastructure comes at a cost: miners need training; cooperatives need formal recognition; certification requires labs, logistics and digital systems. This is why AGI is calling for international investments to ensure desired growth and outcomes,'said Charles. AGI's long-term vision is to make Ghana a global leader in gold traceability by 2030. 'Our vision is one where Ghanaian gold is fully traceable from mine to market, produced under conditions that respect human rights and the environment, recognized globally but rooted locally, and used as a tool not just for export, but for domestic and continental economic empowerment.' The webinar closed with a message of shared responsibility and opportunity: 'Ghana's gold must power more than profits. It must power schools, health clinics, clean rivers, forest restoration and create thriving and sustainable communities.' To secure your spot at the Mining in Motion 2025 Summit, visit Distributed by APO Group on behalf of Energy Capital&Power. For sponsorship or delegate opportunities, contact: sales@ For interviews or media requests, contact: or
Zawya
26-02-2025
- Business
- Zawya
CORRECTION: Ghana's Mining in Motion Summit Gains Support from Key Leaders
Otumfuo Osei Tutu II, King of the Ashanti Kingdom; Hon. Emmanuel Armah Kofi Buah, Minister of Lands and Natural Resources of Ghana; and Oheneba Kwaku Duah, the son of Otumfuo Osei Tutu II and Managing Director of the Ashanti Green Initiative recently met to discuss the upcoming Mining in Motion Summit in Ghana. They explored the summit's potential to improve the artisanal and small-scale gold mining (ASGM) sector in Ghana and the role of government, international partners and major mining firms in accelerating the sector's growth. Hon. Kofi Buah endorsed the event, emphasizing its significance in connecting small-scale miners with technology providers, financiers, regulatory bodies and global industry stakeholders to improve their operations and impact. Organized by the Ashanti Green Initiative along with the World Bank, the World Gold Council and other international partners, Mining in Motion will take place from June 2 - 4 in Accra. The summit is held under the theme Sustainable Mining&Local Growth – Leveraging Resources for Global Impact, uniting key decision-makers, including H.E. John Dramani Mahama, President of the Republic of Ghana, as well as representatives from public and private sector mining institutions from South Africa, the Republic of Guinea, the African Union, ECOWAS and the United Nations. The three-day event will highlight the role of traditional authorities in shaping artisanal and small-scale mining practices, emphasizing the sector's contribution to employment and economic growth. In 2024 alone, Ghana's artisanal miners generated $5 billion in foreign exchange earnings through gold exports. Providing direct employment for over one million Ghanaians and accounting for 35% of domestic gold output, the sector has the potential to significantly shape socioeconomic development in the west African country. As Ghana's mining sector increasingly supports sustainable development, the Mining in Motion Summit will highlight best practices for integrating ASGM into the global financial system. Representatives from prominent international financing organizations will share their insights. In a significant move to boost earnings for small-scale miners, Ghana has announced plans to establish a Gold Board. This new entity will simplify the process of purchasing gold from small-scale miners, providing them with easier access to global markets. With Samuel Adu Gyamfi, who was appointed Acting Managing Director of Precious Minerals Marketing Company last month and tasked with setting up the Ghana Gold Board, playing a pivotal role in shaping the summit, Mining in Motion is set to have a sizable impact on the growth of Ghana's gold sector. Through a series of high-level panel discussions, deal signings, project showcases and exclusive networking, Mining in Motion serves as the ideal platform to connect Ghanaian miners with regional counterparts and global investors for forge industry-changing partnerships. Stay informed about the latest advancements, network with industry leaders, and engage in critical discussions on key issues impacting ASGM and medium to large scale mining in Ghana. Secure your spot at the Mining in Motion 2025 Summit by visiting For sponsorship opportunities or delegate participation, contact sales@ Distributed by APO Group on behalf of Energy Capital&Power.
