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Ghana Risks Repeating Gold Failures With Lithium, Expert Warns

From newsghana.com.gh

Ghana risks wasting its coming lithium wealth as it did with gold, a transparency expert warned, unless it fixes how mining money is spent and why supply contracts leak abroad. Dr. Steve Manteaw, a co chair of the Ghana Extractive Industries Transparency Initiative (GHEITI), spoke at a media and civil society workshop on corruption risks in Ghana’s lithium sector, organised by the Natural Resource Governance Institute. With Ghana preparing to mine lithium at Ewoyaa, he said the gold sector’s record should serve as a warning. Successive GHEITI reports, he said, show royalties meant for local development being spent on ... (full story)

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  • Category: Fundamental Analysis