Chamber of Mines seeks cheaper power, tax relief to support local gold refining

” Dr Ashigbey's position is that Ghana's push for local gold refining can deliver greater value to the economy, but its success will depend on reducing the cost of refining and ensuring that government, mining companies and refinery operators share the burden of making the policy work.

Chief Executive Officer of the Chamber, Dr Ken Ashigbey, said the cost of power, taxes and other operational expenses could make local refining more expensive, requiring government and industry to work together to reduce the burden.

The Ghana Chamber of Mines is calling for targeted tax and energy interventions to make local gold refining commercially viable as Ghana steps up efforts to retain more value from its gold resources.