President Nana Addo Dankwa Akufo-Addo has officially commissioned Cardinal Namdini Mining Ltd, the largest single-stream gold mine in West Africa, located in the Talensi district of the Upper East region.
This significant milestone solidifies Ghana’s position as Africa’s leading gold producer and is expected to give the country’s economy a substantial boost.
Ghana’s mining sector has experienced remarkable growth since Akufo-Addo’s administration took office in 2017, thanks to strategic investments in geological surveys and regulatory frameworks that have attracted significant foreign investment.
The President envisions Ghana becoming Africa’s mining hub, with the Cardinal Namdini mine serving as a testament to the importance of exploration.
To support the sector, Akufo-Addo outlined measures including increased funding for the Ghana Geological Survey Authority.
Lands and Natural Resources Minister Samuel Abu Jinapor also detailed initiatives to facilitate large-scale mining in northern Ghana, such as upgraded regional offices and laboratories to regulate emerging mines.
The $1 billion investment in Cardinal Namdini Mine highlights China’s role as Ghana’s strategic partner.
Chinese Ambassador Tong Defa praised Akufo-Addo’s commitment to the mining industry and deepening Ghana-China relations