The Africa Centre for Energy Policy (ACEP) finds it necessary to engage with the media and the wider public regarding recent developments in Ghana’s mining sector, particularly the government’s decision, based on advice from the Minerals Commission, not to renew the mining lease of Abosso Goldfields Limited (AGL) in Damang.

ACEP agrees that Ghana deserves to benefit fully from its mineral resources. However, any stakeholder truly aligned with this national goal must be transparent and factual in demonstrating how their decisions maximize public benefit.

The government’s approach to this matter should reflect diligence, legal compliance, and a genuine commitment to Ghana’s long-term mineral wealth. A rushed and disputed decision not only risks international litigation and reputational damage, but also undermines investor confidence and the rule of law. Already, the news portals have captured state officials and also implied in the minister’s statement that this is all an effort to nationalize the mine.

If the policy direction is to revisit the 1970s resource nationalisation efforts which collapsed the mining industry, we need clarity from the government on what will be different this time to leave no doubts in the minds of investors, especially when the required actions per the law are clear, but actions of implementers differ.

When remedies are provided in the law, the hearts and minds of the implementers cannot be at variance with the prescribed remedies.

ACEP calls for a halt in the operation to expropriate the mine tomorrow. Government needs to exercise restraint, renew dialogue, and pursue a legally guided resolution that protects the interests of both the state and investors.