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Minority raises concerns over mineral sector governance, calls for transparency

Minority raises concerns over mineral sector governance, calls for transparency
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By Valentia Tetteh

The Minority in Parliament has raised concerns over what it describes as emerging governance challenges in the country’s mineral sector, calling for greater transparency and accountability.

In a statement issued on Wednesday, March 18, 2026, and signed by the Ranking Member on the Lands and Natural Resources Committee and Member of Parliament for Mampong, Kwaku Ampratwum-Sarpong, the caucus warned of what it termed a growing concentration of influence in the sector.

The statement highlighted concerns surrounding key developments in the mining industry, including the transition of the Damang Gold Mine from Gold Fields Ghana to state control, noting a lack of clarity regarding the next operator and operational framework.

“Parliament does not know who the next operator will be… There is no published selection process, no disclosed financing structure, and no clear operational framework,” the statement said.

The Minority further expressed concern over recent transactions involving mining assets, including the Black Volta and Sankofa Gold projects, as well as developments at Nyinahin, pointing to what it described as a pattern of limited transparency in asset allocation and management.

According to the caucus, these developments could have implications for investor confidence, revenue generation and Ghana’s international reputation in the extractive sector.

“When decisions appear inconsistent or insufficiently explained, confidence in the system erodes. And when confidence erodes, suspicions grow,” the statement added.

The Minority emphasised that it supports local participation in the mining sector but stressed that such participation must be guided by fairness, competition and transparency.

“Local content was meant to be competitive, transparent and fairly distributed. It cannot be centred around one individual,” the statement noted.

The caucus also outlined a number of demands, including the immediate disclosure of the operator of the Damang Mine, transparency in financing arrangements and clarity on ongoing transactions within the sector.

It further called for stronger conflict-of-interest safeguards across key institutions responsible for mineral resource governance.

The statement urged the government to ensure that Ghana’s mineral resources are managed in a manner that promotes national interest, economic stability and public trust.

“Ghana’s mineral wealth belongs to the people… not to any family or network,” it concluded.

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