Ghana's Gold Mining Reforms: Resource Nationalism By Regulation
2026-05-29 05:45:00 ET
Ghana is not nationalizing its gold mines; it does not need to. The country's Minerals Commission has found a more elegant mechanism: mandating that all mining operations be conducted by Ghana-owned contractors, effectively separating the license holder from the physical act of mining. The result is a transfer of control — and the economic value that flows from it — from foreign mining companies to domestic firms without the headline risk or legal complexity of expropriation....
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