Northern Ghana can thrive as a mining powerhouse – Akufo-Addo says after commissioning Cardinal Namdini Gold Mine in Talensi

President Nana Addo Dankwa Akufo-Addo has said after Commissioning the Cardinal Namdini Gold Mine in Talensi, that Northern Ghana can thrive as a mining powerhouse, bringing growth and jobs to the very heart of Talensi and beyond.

On Friday, 8th November 2024, President Nana Addo Dankwa Akufo-Addo commissioned the Cardinal Namdini Gold Mine in Talensi, Upper East Region, marking a significant milestone for Ghana’s mining industry and a transformative moment for the people of northern Ghana.

The Cardinal Namdini Gold Mine, developed by Shandong Gold Group’s Cardinal Resources, is poised to become Ghana’s third-largest gold mine and one of the largest single-stream gold mines in West Africa. This new venture is expected to usher in economic growth, generate employment, and elevate Talensi’s profile as a critical player in Ghana’s mining sector.

“This mine changes that, ushering in a new chapter where northern Ghana can thrive as a mining powerhouse, bringing growth and jobs to the very heart of Talensi and beyond,” he said.

During the inauguration, President Akufo-Addo shared his vision for Ghana as the mining hub of Africa, driven by sustainable and responsible practices that benefit all regions of the country. “We are here on the soil of Talensi to affirm that Ghana’s mineral wealth belongs to every Ghanaian,” he stated, emphasizing his administration’s commitment to ensuring that the riches of the nation’s land are shared inclusively. “Today, we change the mining narrative of Ghana, bringing the promise of prosperity to every corner of the country, especially here in the north,” he added, highlighting the historical significance of extending mining activities beyond the southern regions of Ghana, where the industry has predominantly thrived.

Mining has long been an integral part of Ghana’s economy and history, dating back to ancient times when Ghana was celebrated as a source of gold. However, much of the industry has historically concentrated in the south, leaving northern Ghana’s mining potential largely untapped. The President noted that this new mine not only changes the narrative but also represents the fruits of government-backed exploration efforts led by the Ghana Geological Survey Authority. Since 2017, the government has increased funding to the Authority to identify mineable lands throughout the country, with the aim of unlocking the hidden potential in regions like the Upper East. To support this goal, President Akufo-Addo mentioned plans to amend the Minerals Development Fund Act, increasing royalties allocated to the Ghana Geological Survey Authority from 8% to 13%, and, starting next year, allocating $10 million annually for geological exploration.

The establishment of the Cardinal Namdini Mine has already begun creating local jobs, and its long-term impact promises even more employment and economic opportunities. President Akufo-Addo acknowledged the economic benefits this project would bring to Talensi and its surrounding areas, noting that beyond job creation, the mine will foster domestic economic development and generate substantial revenue contributions at both the local and national levels. The President expressed optimism that the mine would transform Talensi into a bustling economic hub, bringing opportunities to future generations and enhancing the socio-economic landscape of the Upper East.

In addition to creating economic opportunities, the mining company has committed to developing critical infrastructure for the area. Plans include the construction of an airport in Bolgatanga, which will serve both the mine’s logistical needs and the broader transport requirements of the region, opening up new avenues for economic growth and accessibility. President Akufo-Addo applauded Shandong Gold Group for their commitment to these developments, stating that this infrastructure expansion will not only support the mine but will also improve the quality of life for the residents of Talensi and the surrounding areas, further contributing to the regional development that northern Ghana has long needed.

Environmental stewardship and community engagement were central themes in President Akufo-Addo’s address. He urged Shandong Gold Group to uphold the highest standards of environmental and operational safety, assuring Ghanaians that the government would hold mining companies accountable to these expectations. “As we open this new chapter, I expect the company to set a benchmark in environmental responsibility,” he said, emphasizing the importance of sustainable mining practices. The President expressed confidence in Shandong Gold Group’s expertise and urged them to adhere to global standards that protect both the environment and the well-being of the community.

Recognizing the importance of equitable community participation, President Akufo-Addo underscored the necessity of corporate social responsibility (CSR) initiatives that prioritize local communities. He announced that his administration, in collaboration with the Ghana Chamber of Mines, is developing a Legislative Instrument (LI) to regulate Community Development Agreements. These agreements will ensure that mining companies engage with local communities meaningfully, share economic benefits, and contribute to social improvements. “It is neither right nor just for companies to profit while the custodians of the land remain in poverty,” President Akufo-Addo emphasized, stressing that the government is committed to building an industry where both businesses and communities thrive.

The President concluded his speech by encouraging all stakeholders, from government bodies to the mining company, to work together to maximize the positive impacts of the Cardinal Namdini Mine. With this project, northern Ghana is poised to step into a new era of economic activity, symbolizing a shared vision of prosperity and unity for the entire nation. President Akufo-Addo expressed hope that the Cardinal Namdini Gold Mine would serve as a wellspring of development for the people of Talensi, the Upper East Region, and all of Ghana.

In his closing remarks, the President declared the mine officially commissioned, urging all stakeholders to keep Ghana’s best interests at heart as they proceed with operations.He said the commissioning of the Cardinal Namdini Gold Mine represents not just a success for Ghana’s mining industry but a promise to the people of northern Ghana. It is a promise of progress, of development, and of a future where every region of Ghana can fully realize its potential. As the first gold was poured, it was a moment of pride and hope—a new chapter for Talensi, for northern Ghana, and for the entire country as it forges ahead on the path to shared prosperity and inclusive growth.

The post Northern Ghana can thrive as a mining powerhouse – Akufo-Addo says after commissioning Cardinal Namdini Gold Mine in Talensi first appeared on 3News.

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