The Ghana Geological Survey Authority (GGSA) has discovered large quantities of iron ore deposits in Akokrowa, a farming community in the Oti Region of Ghana.
The iron ore, according to the geological investigation, is 55.22 weight per cent (fe) and of a higher grade.
The Minister of Lands and Natural Resources, Mr Samuel A Jinapor, at a meeting with the chiefs and people of Akokrowa on Tuesday, said the government will ensure that the commodity found in the area benefits the people.
He said the government is determined to add value to its raw commodity and ensure that the Ghana Integrated Iron and Steel Development work closely with the GGSA and the community to ensure that the full value chain is retained in the region and the country.
He maintained that the exploration and business of iron ore will create jobs and wealth for the people of Oti and the country in general.
Mr Jinapor described the discovery of iron ore in commercial quantities as “good news” and urged the chiefs and people to work in harmony to drive development to the area.
The Omanhene of the Apesokubi Traditional Area, Okogyeaman Koram II, expressed the readiness of his people to make the project a success.
He pledged to support the GGSA, GIISDEC and government, saying: “I will release lands to expand and push the progress of the work as and when required”.
The chief also appealed to the government, through the minister, to provide them with electricity, schools, hospitals and other amenities to help relieve the people while commending the president for the creation of the Oti Region, which has long been on the drawing board.