• About
  • Advertisements
  • Terms of Use
  • Contact
Thursday, January 29, 2026
The Sikaman Times
Advertisement
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus
No Result
View All Result
The Sikaman Times
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus
No Result
View All Result
The Sikaman Times
No Result
View All Result

Mahama vows stricter lease terms to boost local mining benefits

by Features
April 24, 2025
Mahama vows stricter lease terms to boost local mining benefits
SharePostSendShareSend

President John Dramani Mahama has indicated that his administration will adopt a firmer approach to natural resource lease renewals in order to increase Ghanaian participation and direct more benefits to communities affected by mining.

He made these remarks in Accra on April 24, 2025, during the opening of a four-day Executive Leadership Programme for Ministerial Appointees at Ada.

Mr Mahama clarified that the government does not intend to seize existing concessions. Rather, it will seek improved terms for local interests whenever leases are due for renewal.

“We’re not going to expropriate anybody’s concession or anything,” he said. “But anytime a lease comes up for renewal, we would want to negotiate to see that there’s more Ghanaian participation.”

He expressed concern about the poor living conditions in many communities located near mining sites, saying it was unacceptable that decades of extraction had not translated into meaningful development for local residents.

“You go to the mining areas and look at the communities around the mining centres still steeped in poverty,” he said.

“The government has to replace schools under trees, build CHPS compounds, repair the roads and all that. And we can only do that if we can get the resources from the natural resource endowment that God has given us.”

Mr Mahama said his government would put in place a clear policy to support greater local involvement in resource exploitation. He added that, where appropriate, the government would push for a review of existing terms.

“We would codify it. And as and when the opportunity comes, we’ll renegotiate some of these things so that Ghanaians can also participate in the blessing that God gave us,” he stated.

 

Source: Graphic Online

Advertisement Advertisement
Tags: Breaking NewsFeaturedMining
Share1Tweet1SendShareSend
Previous Post

Ghana, Gold Fields reach deal on Damang Mine transition following lease expiry

Next Post

Kejetia Market: Over 450 traders benefit from financial literacy outreach by CFLE Africa and Prudential Life

Related Posts

Gov’t to launch national airline within 12 months – Transport Minister
General

Gov’t to launch national airline within 12 months – Transport Minister

January 29, 2026
GOLDBOD denies claims of GHC3bn loss in first year
Banking & Finance

Goldbod announces crackdown on unlicensed jewelry manufacturers, refineries

January 29, 2026
MoMo transactions dip slightly to GH¢354.1bn in August 2025
Banking & Finance

Our interventions have reduced attacks on mobile money agents by 28% – MoMAG

January 29, 2026
MoMAG hails digital payments boom
Banking & Finance

MoMAG hails digital payments boom

January 29, 2026
Mahama: Reset agenda is for all of us
General

Regional leaders converge in Accra for high-level security talks

January 29, 2026
Ghana’s public debt drops to 45.5% of GDP from 61.8% in one year
Banking & Finance

Ghana’s public debt drops to 45.5% of GDP from 61.8% in one year

January 29, 2026
Next Post
Kejetia Market: Over 450 traders benefit from financial literacy outreach by CFLE Africa and Prudential Life

Kejetia Market: Over 450 traders benefit from financial literacy outreach by CFLE Africa and Prudential Life

  • MoMo transactions dip slightly to GH¢354.1bn in August 2025

    Our interventions have reduced attacks on mobile money agents by 28% – MoMAG

    6 shares
    Share 2 Tweet 2
  • Public sector workers anxious over January salaries as CAGD implements upgraded payroll system

    32 shares
    Share 13 Tweet 8
  • MoMAG hails digital payments boom

    2 shares
    Share 1 Tweet 1
  • BoG gold holdings halved to 18.6 tonnes, but prices keep valuation at $2.68bn

    1 shares
    Share 0 Tweet 0
  • Goldbod announces crackdown on unlicensed jewelry manufacturers, refineries

    1 shares
    Share 0 Tweet 0
The Sikaman Times

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Follow Us

Browse by Category

  • Africa
  • Ahafo
  • Art & Entertainment
  • Arts & Entertainment
  • Ashanti
  • Aviation
  • Banking & Finance
  • Bono East
  • Brong Ahafo
  • Business
  • Business
  • Central
  • Communication
  • Culture
  • Eastern
  • Economy
  • Education
  • Entrepreneurship & Local Business
  • Exclude
  • Features
  • General
  • Ghana
  • Greater Accra
  • Health
  • Health
  • International
  • International Trade
  • Lifestyle
  • Lifestyle
  • Media
  • National
  • News
  • North East
  • Northern
  • Oil & Gas
  • Oti
  • Politics
  • Politics
  • Real Estate
  • Regional
  • Relationship
  • Relationship
  • Religion
  • Savannah
  • Social
  • Social
  • Sports
  • Sports
  • Technology
  • Trade
  • Transportation
  • Uncategorized
  • Upper East
  • Upper West
  • Volta
  • Western

Recent News

Gov’t to launch national airline within 12 months – Transport Minister

Gov’t to launch national airline within 12 months – Transport Minister

January 29, 2026
GOLDBOD denies claims of GHC3bn loss in first year

Goldbod announces crackdown on unlicensed jewelry manufacturers, refineries

January 29, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact

About Us

© 2022- 2026 The Sikaman Times

No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus

About Us

© 2022- 2026 The Sikaman Times

QUICK LINKS

About

Privacy Policy

Terms Of Use

Advertisement

Contact

FOCUS

Ghana

Africa

International

CATEGORIES

General News

Business

Opinions

Politics

Technology

EXTRAS

Sports

Entertainment

Health & Wellness

STAY CONNECTED

Facebook Twitter Youtube Instagram Linkedin

© COPYRIGHT 2022-2026
The Sikaman Times