Cape Town: The Minerals Income Investment Fund (MIIF) is championing Ghana’s narrative at the 2023 Investing in the African Mining Indaba which commences in South Africa on February 6.
MIIF, Ghana’s minerals sovereign fund, is seeking to leverage its unique position as a partner of choice for investments in the mineral sector. MIIF has invested in Asante Gold Corporation which is listed on the Canadian, Frankfurt Stock Exchanges and the Ghana Stock Exchange. The Fund is also weighing up investments in Lithium, Salt, new explorations in Gold and companies in mining Support Services.
The Chief Executive Officer of MIIF, Edward Nana Yaw Koranteng is clear on the deliverables for the Mining Indaba and the Ghana Day engagement during the weeklong event in Cape Town.
“MIIF is in a unique position to highlight the investment opportunities in the mining sector in Ghana and to also give investors the opportunity for co-investments with MIIF across the mining value chain. MIIF approaches its investments in line with global accepted standards to ensure there is minimal risk and sustainable long term growth” Koranteng said.
The Ghana Day at the Mining Indaba will highlight the broad-based opportunities in Gold, Bauxite, lithium, iron Ore and other parts of the mining eco-system in Ghana. The event is under the auspices of the Ministry of Lands and Natural Resources with the Chamber of Mines, MIIF and the Minerals Commission as partners.
The Deputy Minister of Lands and Natural Resources, Hon. George Mireku Duker (MP), Tarkwa Nsuaem, said Ghana’s main narrative at the 2023 Mining Indaba will be about adding value to its mineral resources.
“Our theme is leveraging over a century of mining to enhance value addition for the development of Ghana,” said Hon. Duker.
“We have been mining for well over 300 years but our mining eco-system is yet to benefit fully from mining activities. This is because we have not added value in our country over the years and the local content development has not been realized to its full potential even though there have been steady gains. We are at this year’s Mining Indaba to sell our country’s unique opportunities in the value addition eco-system. That is our stated agenda,” Hon. Duker said.
The Ghana Day, alternatively called the Ghana Case Study, happening on the sidelines of the Mining Indaba will feature MIIF, the Ghana Integrated Aluminum Development Corporation (GIADEC), the Ghana Integrated Iron and Steel Development Corporation (GIISDEC), the Ghana Chamber of Mines and Atlantic Lithium, an Australian lithium resources developer, which has discovered significant deposits of lithium spodumen in the Ewoyaa belt, in the Central Region.
The Ghana Day is scheduled for February 8, at the Westin Hotel in Cape Town, South Africa.