Asantehene advocates for large-scale mining concessions for Ghanaians

The Asantehene, Otumfuo Osei Tutu II, has underscored the need for Ghanaians to be granted large-scale mining concessions as given to foreign firms.

This, he explained, would control repatriation of profits accrued form the mining sector and enable more Ghanaians with technical expertise to gain employment to bolster the economy for national development.

In a video on social media platform X, Otumfuo advocated that Ghanaians must be given priority if any mining concession is to be granted so that they [Ghanaians] can partner other foreign firms.

This, he said, would ensure that greater parts of profit gained from large-scale mining activities would not be repatriated but would remain in the country as done elsewhere.

He mentioned, for instance, that “If Obuasi was given to Ghanaians, many of the youth who have acquired knowledge on mining engineering would have been employed to work there”.

“Western Region, Western North are all areas where gold is found. Can’t we help them to form companies and go out to look for funds to come and establish there so that the local people can also work?”. He asked.

He emphasised the need to task the Geological Survey Department and the Minerals Commission to undertake an aggressive survey which will indicate exactly where the gold deposits are located.

This way, he said, would enable the country to derive maximum benefits from its rich mineral resources and also improve equity that would benefit the local people and the country at large.

In his views, the need for Ghanaians to be given mining concession to do large-scale mining must be of paramount interest to all Ghanaians and therefore, called on the Constitutional Review Committee to give this a consideration.

According to him, the Constitutional Review Committee must not hesitate to amend existing provisions in the constitution to ensure that Ghanaians would be given priority when granting large-scale mining concessions.

The Asantehene, Otumfuo Osei Tutu II, has called for large-scale mining concessions to be granted to Ghanaian investors instead of foreign companies, arguing that local ownership would ensure greater economic benefits for the nation. #TV3GH pic.twitter.com/PdhDMHLCHX

— #TV3GH (@tv3_ghana) July 18, 2025