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Minerals Income Investment Fund Signs MoU For A Strategic Partnership With MINTEK

Wed, 20 Nov 2024 05:00

Minerals Income Investment Fund Signs MoU For A Strategic Partnership With MINTEK

The Minerals Income Investment Fund (MIIF) is pleased to announce the signing of a Memorandum of Understanding (MoU) for a strategic partnership with MINTEK of South Africa, a global premier mineral research and testing organization. 

This landmark partnership aims to enhance cooperation in the development of mineral resources, technical expertise, and innovation within Ghana's mining sector.

The MoU formalizes a framework for collaboration between MIIF and MINTEK focusing on key areas such asresearch and development, innovation transfer, capacity building, and value addition in mineral processing.

Through this partnership, both organizations seek to harness their combined expertise to improve Ghana’s mining and minerals sector, aligning with global best practices and advancing sustainable development initiatives.

Mr. Edward Nana Yaw Koranteng, Chief Executive Officer of MIIF, reiterated, "This partnership with MINTEK marks asignificant step forward in our commitment to maximize Ghana's mineral wealth for long-term economic development. The collaboration will drive innovation, mining efficiencies, boost local capacity, and unlock new opportunities in the mining value chain."

MINTEK, with its 90 years of experience in mineral processing research and technological innovation, brings valuable information and cutting-edge innovation to the table, enhancing MIIF’s efforts to diversify and add value to Ghana's mineral resources.

As part of the MoU, a series of workshops, training programs, and joint research projects will be organized to foster information sharing and enhance the technical capabilities of both organizations.

These initiatives will focus on sustainable mining practices, environmental stewardship, and economic growth through minerals-based industrialisation.

The signing of the MoU underscores MIIF’s vision to build strategic partnerships that position Ghana as a leader in the global mining industry. This collaboration with MINTEK signals the beginning of a new era in mining innovation and sustainable development, benefitting not only Ghana but also the broader African mining community.

Commenting on this landmark partnership, Prof. Douglas Boateng, the chairman of the board of MIIF, said this marks the beginning of Africans collaborating to help industrialize the sector for the benefit of the people.

Mintek’s Group Executive, Prof Indresan Govender, noted that Mintek is proud to partner with the MIIF in unlocking Ghana’s full mineral processing potential. 
   

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