MIIF woos North American investors at PDAC in Canada

This he said, is in line with the strategic objective of MIIF to support the quest to make Ghana the mining hub in Africa and localise value as much as possible.

“This is expected to exceed $1.2 Billion this first quarter of 2024 following the completion of a re-valuation of Ghana’s free carried interest in some large-scale mines which MIIF is mandated by law to manage.

MIIF’s plan is to create a mining ecosystem of opportunities through its investments especially in the gold mining sector which employs more than six million people directly and indirectly.

In this regard, MIIF has initiated a six-year US$60 Million dollars investment program to support the small-scale mining sector which is fully indigenised and contributes up to 40% of Ghana’s total gold output.

The President charges us to support the small sector in a revolutionary manner which would lead to the creation of local Ghanaian mining champions.” Mr

The arrangement with the GSE is essentially on two pivots; The First is to push mining entities in which MIIF has investments to list on the Ghana Stock Exchange (GSE)

Atlantic Lithium, the Ewoyaa basin mining company which has MIIF as the 4th largest shareholder will also be listed on the Ghanaian bourse by the third quarter of 2024.