Ghana threatens sanctions on mining firms over local contractor inclusion
Updated
Updated · Semafor · Apr 24
Ghana threatens sanctions on mining firms over local contractor inclusion
15 articles · Updated · Semafor · Apr 24
Three multinational companies—AngloGold Ashanti, Newmont Mining, and Zijin—must comply with Ghana’s directive to use local contractors by December or face penalties.
Newmont has requested an extension to 2027, while AngloGold Ashanti aims for full compliance by year-end; Zijin’s response was not specified.
The move reflects a wider trend among African governments to boost domestic value from minerals, with some countries seeking greater state equity or threatening asset seizures.
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