Ghana's Ashanti King, Otumfuo Osei Tutu II, has thrown down the gauntlet to mining companies operating in the country. In a scathing rebuke, the King likened Ghana's current extractive practices to a leaky colander, urging firms to retain a greater share of profits to fuel national development.

"For too long," the King declared through a spokesperson, "Ghana has watched mineral wealth flow out of our borders, enriching foreign corporations while our own people struggle. We must learn from nations like South Africa and ensure our resources benefit Ghanaians first and foremost."

The King's fiery words came at the opening of the 17th West African Mining and Power Conference in Accra. The three-day event, a who's who of the extractive industries, provided a platform for the King's pointed message.

"Let us fill Ghana's treasure chest, not the coffers of distant shareholders," he urged.

The King's vision for a resource-rich Ghana extends beyond mere profit-sharing. He called for a paradigm shift, demanding increased local ownership of mining concerns.

"Let these companies list on the Ghana Stock Exchange," he thundered. "Let Ghanaians have a stake in their own soil!"

But the King's concerns go beyond economics. He implored mining companies to be responsible stewards of the environment.

"We cannot plunder our land for a quick buck," he cautioned. "Sustainable practices are not a luxury, they are a necessity. We must mine with an eye towards the future, for the sake of our children and generations to come."

The King's address resonated with many Ghanaians who yearn for a more equitable share of the country's mineral wealth. Whether his calls will be heeded by mining corporations eager for short-term gains remains to be seen. Yet, Otumfuo Osei Tutu II has undoubtedly sparked a crucial conversation, forcing Ghana to confront the true cost of its mining boom.