Ghana Mining Review A reliable source of mining industry news in Ghana
Related Articles
Strong partnerships across global mining institutions, governments and the private sector are essential to formalising Africa’s artisanal and small-scale mining (ASM) sector, this is according to Kwaku Nsiah-Asare, Chief Executive Officer of Typhoon Greenfield Development.
Speaking at African Mining Week 2025, Nsiah-Asare stressed that collaboration remains the cornerstone for building a sustainable and inclusive ASM industry.
“Global and regional cooperation enables inclusive regulation, affordable compliance, access to finance and equipment, and smooth integration of ASM into the formal market,” said Nsiah-Asare.
Ghana’s ASM sector employs over one million people, underscoring the urgency of transitioning to regulated operations. He added, “Formalisation of the ASM industry is a necessity, not an option. It may be challenging but it is achievable through partnerships.”
Furthermore, Nsiah-Asare cited Ghana’s collaboration with the World Bank and World Gold Council, along with Typhoon’s partnerships with Rand Refinery, TDI Sustainability, MKS PAMP and Development Gold International, as examples of progress toward global standards.
“Typhoon is proof that ASM operations can meet international benchmarks. We employ 70% of our workforce from local communities, have reclaimed 180 acres of land previously occupied by illegal miners and planted 15,000 trees,” concluded Nsiah-Asare.
