We reflect on the significant progress GBC has made over the past year and outline our vision for the future. The ratification of our 30-year mining lease by the Parliament of Ghana marks a pivotal moment for our company, enabling us to expand our operations and enhance our capacity for bauxite extraction.

Current Business Environment for the Mining Sector. Ghana’s mining sector continues to be the cornerstone of the nation’s economy, contributing significantly to GDP and employment. The current business environment is characterized by both challenges and opportunities. Regulatory reforms and a focus on attracting foreign investment have created a more favourable climate for mining operations. However, we must remain vigilant regarding global market fluctuations and environmental considerations that can adversely impact our industry.

Governance of Mining Operations. A key focus this year has been our commitment to delivering strong returns to our shareholders while adhering to the highest standards of governance. We recognize that profitability is essential for sustaining our growth and reinvesting in our community. To achieve this, we have adopted a lean operation mindset, maximizing efficiency, eliminating waste, and continuously improving our processes. Our governance framework ensures transparency and accountability in all aspects of our operations, fostering confidence among our stakeholders.