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Energy and Extractives

MIIF Deepens Engagement with Newmont During Ahafo North Mine Visit

MIIF CEO Justina Nelson led a delegation to Newmont’s Ahafo North Mine to discuss royalties, sustainability, safety and responsible mining as Ghana deepens collaboration with mining firms.

Prince Agyapong
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Thursday, 7 May 2026
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MIIF Deepens Engagement with Newmont During Ahafo North Mine Visit

The Chief Executive Officer of the , Mrs Justina Nelson, has led a high-level delegation to ’s Ahafo North Mine in the Ahafo Region as part of efforts to strengthen collaboration between the state-owned fund and major mining firms operating in Ghana.

The working visit, held on May 4, 2026, formed part of MIIF’s broader stakeholder engagement programme aimed at enhancing partnerships, promoting responsible mining practices and ensuring sustainable value creation from Ghana’s mineral resources.

Mrs Nelson, accompanied by MIIF Chief Technical Officer Mr Kwabena Barning and other senior officials, toured operational sections of the mine and engaged Newmont management in discussions covering production, royalties, environmental performance and workplace safety.

She praised the company for consistently meeting its royalty obligations, describing timely payments as critical to national revenue mobilisation and long-term economic development.

“Beyond financial returns, we are keen on partnerships that promote sustainability and long-term shared value,” Mrs Nelson stated during the engagement.

The visit comes at a time when Ghana continues to intensify oversight and collaboration within the extractive sector to ensure mining activities generate broader economic and social benefits.

Newmont Highlights Investment and Community Support

General Manager of the Ahafo North Mine, Mr Charles Bissue, said the project has involved substantial investment in infrastructure and community development initiatives within surrounding areas.

According to him, the mine, which poured its first gold in September 2025, is performing in line with expectations and could potentially operate beyond its initially projected lifespan of about 14 years.

Mr Bissue also highlighted the successful diversion of a public road that previously passed through part of the operational area, explaining that the project was achieved through cooperation among government agencies, traditional authorities and local communities.

Safety and Environmental Measures

During the tour, Newmont officials briefed the MIIF delegation on operational activities, future expansion prospects and ongoing environmental management programmes.

The company said it had maintained a strong safety record in 2026, with no major incidents or reportable injuries recorded so far this year. Officials attributed the performance to strict safety systems, including daily risk assessments and pre-shift safety briefings.

Newmont also outlined measures being implemented to minimise environmental impact, including air and water quality monitoring, waste management systems and land reclamation efforts.

Officials disclosed that more than 30,000 seedlings had been raised to support revegetation of disturbed lands around the mining area.

Both MIIF and Newmont used the engagement to discuss broader challenges facing the mining sector, including illegal mining activities and site security concerns.

The two institutions reaffirmed their commitment to continued collaboration on sustainability, transparency and responsible mining practices, while emphasising the need for stronger cooperation among regulators, mining firms and local communities to safeguard the long-term future of Ghana’s extractive industry.

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