We will establish a Minerals Development Bank to finance viable local mineral projects – Bawumia

The 2028 flagbearer of the New Patriotic Party (NPP), Dr Mahamudu Bawumia has discussed plans to establish a Minerals Development Bank which will be dedicated to supporting Ghana’s small-scale mining sector with accessible financing for responsible operations.“This bank will be for small-scale miners to help them access funds for responsible mining equipment.“We want to establish a Minerals Development Bank to finance viable local mineral projects and to mitigate foreign financing of local mining projects, which leads to heavy smuggling of the produce afterwards,” he stated.