Ghana Chamber of Mines and Bank of Ghana Deepen Strategic Collaboration for a Future-Proof Mining Industry

In a pivotal move to strengthen public-private collaboration in Ghana’s mineral wealth management, the Ghana Chamber of Mines held a strategic engagement with Dr. Johnson Asiamah, Governor of the Bank of Ghana (BoG), on June 25, 2025. The meeting, held under the theme "Strengthening Collaboration for a Future-Proof Mining Industry", outlined bold initiatives aimed at ensuring long-term value creation from Ghana’s gold and mineral resources.

Top on the agenda was a renewed commitment to the Domestic Gold Purchase Programme (DGPP), a central bank-led initiative designed to shore up the country’s gold reserves by purchasing gold locally. Discussions emphasized the need to extend DGPP access to all Chamber members, thereby deepening the programme’s reach and impact.

Other key discussion points included:

  • Strategic plans to increase Ghana’s national gold reserves
  • Commissioning a comprehensive gold sector impact study to guide national economic policy
  • Promoting local production of essential mining inputs to boost value retention
  • Introducing innovative fund management solutions tailored for the mining industry
  • Establishing a joint Steering Committee to drive and oversee ongoing collaboration

“This engagement reflects our mutual commitment to a mining sector that delivers long-term value to the Ghanaian economy,” said Dr. Kenneth Ashigbey, CEO of the Ghana Chamber of Mines. “A deeper partnership between the industry and the central bank is critical to achieving resilience, sustainability, and national development.”

Governor Dr. Johnson Asiamah reaffirmed the Bank’s recognition of the mining industry as a national economic cornerstone.

“The mining sector remains central to Ghana’s economic transformation. Strengthening our collaboration with the Chamber ensures that our monetary and gold reserve strategies are grounded in the realities of the industry,” he noted.

The meeting concluded with a shared vision of building a mining sector that is innovative, inclusive, and impactful, aligned with Ghana’s long-term growth and sustainability goals.

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