At the Mining in Motion summit, a panel discussion on ASGM formalization highlighted technology and partnerships as essential for driving sustainable, inclusive and community-centered growth in the sector
ACCRA, Ghana, June 4, 2025/ — Industry leaders at the Mining in Motion 2025 summit spotlighted Ghana’s ongoing efforts to formalize its artisanal and small-scale gold mining (ASGM) sector.
Participants on an India Gold Metaverse-sponsored session – titled Case Studies in ASGM Formalization: Learning from Successes and Addressing Challenges – emphasized that formalization has the potential to catalyze sustainability, build stronger communities and drive long-term economic growth.
“We need regulatory and legislative changes that support small-scale miners and ensure that revenue from their contributions translates into real economic, social and communal growth,” stated Martin Ayisi, CEO of the Minerals Commission of Ghana.
Ayisi called for bold regulatory and financial interventions in the sector, stressing the urgent need for investment in geological investigations and sustainable technologies to prevent encroachment on protected areas and improve sector-wide outcomes.
From an regional perspective, Cisse Vakaba, Advisor to the President on Mining, Ivory Coast, emphasized the foundational role of geology in building a viable ASGM sector. He stressed that state support must go beyond issuing permits to include geological surveys, professional training, community engagement and digital tools for traceability.
“I really think that the basis for small mines is the geological aspect. This is the aspect where we have to work, to see the areas where they can exploit,” Vakaba stated, adding, “The State must provide support. It’s not enough to issue a title, a permit. We need to support prospecting and geological research.”
Meanwhile, Melissa Correa Vélez, Program Manager, Swiss Better Gold, highlighted the human-centered approach necessary to make formalization efforts successful. Velez – through Swiss Better Gold’s Boots on the Ground initiative – advocates for programs, including technical support and community-oriented training, that extend beyond legal structures to genuinely improve livelihoods and environmental stewardship.
“If you want to work with artisanal miners, work with them. Keep the miners interested in being responsible. If the miners lose interest because of the challenges, they will become illegal,” Velez stated.
For his part, Kwaku Afrifa Nsiah-Asare, Lawyer and Entrepreneur, Typhoon Greenfield Development, emphasized that government support will be a requisite for ASGM formalization in Ghana, speaking candidly on social and financial challenges in the sector.
“By doing everything properly, the Minerals Commission of Ghana has been extremely supportive and made it worthwhile for us to do business. It’s about partnerships and leadership in government,” Nsiah-Asare stated.
Bringing a tech-forward perspective, Lamon Rutten, Managing Director and CEO of India Gold Metaverse, spoke to the transformative potential of digital innovation in the ASGM value chain.
“Blockchain technologies and AI can help improve artisanal and small-scale mining operations. Tools like geo-tracking, radio-frequency identification-equipped machinery and internet-of-things devices allow us to trace ore sources. If you really want to develop small-scale mining, work with local banks. Let them understand the sector and they will help drive sustainable growth,” Rutten said.
During the presentation, the panelists agreed that projects including the Ghana Land Restoration and Small-Scale Mining Project – a joint initiative with the World Bank – are setting a precedent. By offering financial and technical support, simplifying license through District Mining Committees, and organizing miners into Community Mining Schemes, Ghana is building an ASGM sector that is increasingly legal, sustainable and community driven.
Organized by the Ashanti Green Initiative – led by Oheneba Kwaku Duah, Prince of Ghana’s Ashanti Kingdom – in collaboration with Ghana’s Ministry of Lands and Natural Resources, World Bank, and the World Gold Council, with the support of Ghana’s Ministry of Lands and Natural Resources, the summit offers unparalleled opportunities to connect with industry leaders.
