Industrial and precious metals, coal, oil, as well as natural gas, collectively accounted for just 6.2% of foreign direct investment into the continent last year.
Government officials’ comments add bitterness to the already resentful locals, following wave of negative coverage of Chinese mining practices in the Ghanian media.
The Russian miner wants to recover $271 million it lost when a state-backed company failed to complete the acquisition of a 50% stake in its Nkomati mine in South Africa.