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Mining, energy; twin sectors to transform Ghana’s economy – Chamber of Mines CEO

Nii Larte LarteybyNii Larte Lartey
February 28, 2019
Reading Time: 2 mins read
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Regular and effective engagement between mining businesses and operators in the energy sector is capable of opening up opportunities within the value-chain of mining for interested stakeholders, the Chief Executive Officer (CEO) of the Ghana Chamber of Mines, Sulemanu Koney has said.

According to him, there is a need for regular engagement between government agencies responsible for promoting the mining and energy sectors, and the private sector including local investors who may be eyeing opportunities in those sectors.

“The mining and energy businesses are capital and knowledge intensive and that is why all interested parties need to collaborate to unlock the potential value in these critical sectors to grow the economy,” he stated.

Mr. Koney made the remarks at the launch of the 2019 Ghana Mining and Energy Summit (GMES) in Accra.

The biennial conference and exhibition, which is the 4th in the series, is expected to bring together regulators, mining and energy sector investors, financiers as well as suppliers of equipment and products to these key industries.

The conference and exhibition will be held at the Accra International Conference Centre from 12th-14th June 2019 on the theme: “Harnessing mining and energy potential to accelerate national development”.

According to Mr. Koney, the theme is relevant in the current mining environment as businesses continue to look for synergies between the mining industry and the efficient use of energy for optimum operations.

“We have to realise that the mining and energy sectors are critically interrelated sectors of the economy that continue to support the socio-economic growth of the nation. Our members have been relentless in pursuing innovative mining operations that incorporate sustainable energy use.

“The Summit is also expected to explore how by integrating mining into the non-mineral economy the country will generate much more than just revenues, decent jobs, secondary businesses, industrialization, innovation, as well as livelihood empowerment,” he indicated.

Over 500 local and international participants are expected to attend the event. The Summit will also provide a platform for suppliers to meet with captains of industry to strike deals and enter into strategic partnerships.

The Ghana Chamber of Mines is the main minerals industry association in Ghana.

The Chamber represents the collective interests of companies involved in mineral exploration, production and processing in Ghana.

Its member companies produce over 60 per cent of Ghana’s mineral output. The Chamber has represented the industry’s interests since 1928.

–

By: citinewsroom.com | Ghana

Tags: EnergyGhana NewsMinesSulemanu Koney
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