Gov’t to Review Mining Lease Extensions Based on Performance
New policy ties contract renewals to financial, social, and environmental records.
- Mining lease renewals to be performance-based, not automatic
- Gov’t to assess CSR, tax compliance, and community impact
- Only companies adding real value to Ghana will qualify for extensions
The Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, has announced that the government will implement a rigorous review process before granting extensions to mining leases in Ghana.
During a visit to mining sites in Tarkwa, the Minister declared that companies will now be evaluated on their financial accountability, social responsibility, and environmental practices. He made it clear that lease renewals will no longer be automatic.
“Extensions will depend on the performance and commitments of these companies—both technically and financially,” Mr. Armah-Kofi Buah stated.
He added that the government will closely examine how mining firms have contributed to the welfare of local communities and the nation at large. This includes their level of community engagement, tax compliance, environmental protection efforts, and fulfillment of corporate social responsibility.
“We’ll be asking whether taxes were paid, whether the local people saw any real benefits, and whether the nation as a whole gained value. These are the standards companies must now meet,” he emphasized.
The new directive signals a policy shift aimed at holding mining companies accountable and ensuring that resource extraction translates into real benefits for host communities and the country.
