11 August 2014

Ghana: Mining Sector Is Very Lucrative - Toni Aubyn

The Chief Executive of the Minerals Commission, Dr. Toni Aubynn has reiterated that the country's mineral sector still holds potential for investors who want to venture into mining.

He said the sector is abound with lesser known minerals which have not been fully explored and exploited such as kaolin, solar salt, clay, marble, mica, limestone, iron ore, zinc among others. He further hinted that, recent air borne geophysical findings in Ghana have indicated the occurrence of some additional minerals including; copper, barite, phosphate, uranium, lead, chromites and columbite.

The Chief Executive of the Minerals Commission said this when the former Israeli Prime Minister, Ehud Barak visited the Minerals Commission on an investment mission to Ghana. Dr. Aubynn assured his guest that Ghana is safe haven for investment and that, the mining sector has clear guidelines and laws that regulates the industry to ensure sustainable exploitation of the country's minerals in line with international best practices.

Mr. Barak said he is interested in investing in Ghana's minerals sector due to the opportunities and potentials available as well as the country's democratic credentials. He thanked the Minerals Commission for giving him an insight into the minerals sector and was hopeful that at the end his tour, a business decision would be made for him to invest in Ghana.

The former Prime Minister of Israel, Mr. Ehud Barak is visiting the country for the first time and is already excited about the country's investment prospects.

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