Ghana’s Vice President, Prof. Naana Jane Opoku-Agyemang, has hailed the strong collaboration between government, the private sector, and local communities as a driving force for national progress during the official opening of Newmont’s US$1 billion Ahafo North Mine.
Describing the project as a “symbol of partnership and progress,” the Vice President commended the initiative for showcasing how strategic cooperation can advance sustainable development and economic transformation.
“We are shaping a future of sustainable development — one that demonstrates what government, business, and communities can achieve when we work together,” Prof. Opoku-Agyemang said at the ceremony.
She revealed that Ghana’s gold industry contributed GH₵88.1 billion to the national GDP last year, with gold exports reaching a record US$11.2 billion by August 2025. “These achievements reflect the growing confidence in our economy and governance,” she added, noting that Ghana now leads Africa in gold production and ranks sixth globally.
Commending Newmont Corporation’s long-standing commitment to Ghana’s mining industry, she emphasized that the Ahafo North project, with an investment exceeding US$1 billion, reinforces Ghana’s reputation as a stable and attractive destination for global investors.
The Vice President also called for increased local value addition and beneficiation, stressing that exporting unprocessed minerals deprives the nation of jobs and growth opportunities. “Our vision is to retain more of Ghana’s mineral wealth at home,” she affirmed.
Minister for Lands and Natural Resources, Hon. Emmanuel Armah Kofi Buah, described the mine’s opening as a defining milestone in Ghana’s mining journey. He reiterated government’s dedication to responsible, transparent, and inclusive mining practices that safeguard both people and the environment.
He also acknowledged the ongoing challenge of illegal mining, commending Newmont’s role in advancing environmental restoration and good governance within the sector.
Rolf Olson, Chargé d’Affaires at the U.S. Embassy in Accra, praised the Ahafo North investment as a clear example of the deep economic ties between Ghana and the United States. He noted that most of the project’s workforce and suppliers were Ghanaian, boosting local capacity and technology transfer.
Mr. Danquah Addo-Yobo, Country Head of Newmont Ghana, described the event as the culmination of nearly a decade of dedication and collaboration. “Opening a new mine is rare,” he said. “The Ahafo North project stands as proof of perseverance, partnership, and disciplined investment.”
Situated in the Tano North Municipality of the Ahafo Region, Newmont’s Ahafo North Mine is set to become one of Ghana’s most advanced gold operations. It marks another milestone in the company’s decades-long contribution to Ghana’s mining sector and its continued leadership in responsible gold production.