The Minerals Commission has revealed that a total of 35 mining licences have been issued since President John Dramani Mahama was sworn into office earlier this year. The figure, according to Commission officials, represents a deliberate move toward tightening regulation and ensuring responsible mining practices across the country.

Speaking to journalists in Accra, Chief Executive of the Commission, Martin Ayisi, explained that the new administration’s approach aims to balance economic growth with environmental protection. He noted that the era of uncontrolled licence issuance, which led to widespread illegal mining and environmental degradation, must not be repeated.

“The current government is focused on proper due diligence, community engagement, and strict adherence to environmental standards before any licence is approved,” Mr. Ayisi stated.

The 35 licences include both small-scale and large-scale mining operations, most of which are in gold-producing regions such as Ashanti, Western North, and Eastern Ghana. Compared to previous administrations, the figure marks a sharp decline in the number of approvals. Between 2017 and 2024, for instance, more than 1,900 licences were granted under different governments.

Industry experts believe this slowdown reflects President Mahama’s commitment to tackling the “galamsey” menace, which has caused severe damage to Ghana’s rivers and forest reserves. Environmental advocates have praised the decision, calling it a “bold step” toward sustainable mining.

However, some mining investors have expressed concerns about the reduced pace of licensing, warning that it could discourage legitimate investors and slow economic recovery in the mining sector.

“The government must find a balance,” said Kwame Boateng, a mining consultant. “We support environmental control, but the process shouldn’t stifle growth or drive miners into illegal activities.”

Meanwhile, the Commission has reassured the public that the reduced number of licences does not indicate inactivity in the sector but rather a restructuring phase to improve transparency and compliance.

President Mahama has also emphasized that no licences have been granted for mining in forest reserves, reaffirming his administration’s dedication to environmental preservation.

As Ghana works to align its mineral development with global sustainability standards, the 35-licence figure symbolizes a cautious yet intentional shift in national mining policy—prioritizing accountability, ecological protection, and long-term value creation over rapid exploitation.