Nov 25, 2021 The Monetary Policy Committee of the Bank of Ghana has, for the first time since May 2018, hiked the policy rate by a 100 basis points, citing inflationary pressures as the main reason. Inflation for October climbed above the medium-term target band of 10 percent, as it recorded 11 percent, the highest since July 2021.
Nov 24, 2021 Mr Ayisi outlined various policy reforms being undertaken by the Commission to regulate and manage the countrys mineral resources and particularly sanitised the small-scale mining sector.
From the perspectives of critical stakeholders, this dissertation explores how Ghanas environmental policy framework in the gold mining industry can be improved to protect the environment and the citizens. Additionally, this dissertation is a collection of three distinct, yet
Nov 25, 2021 In spite of the ongoing efforts to clamp down on illegal mining activities in the country, the Minister of Lands and Natural Resources, Samuel Abu Jinapor, has said cases of illegal mining activities continue to be reported daily in some parts of the country. The situation, although worrying, will take a while for government to
Curre ntly, Ghanas mining sect or contr ibutes approximately 40% of G ross Foreign Exchange (GFE) earnings and accounts. for approximately 5.2% of GDP (Ghana Minerals Comm ission, 2006). In ...
This Artisanal and Small-Scale Mining (ASM) Handbook for Ghana is the result of a training session held in Ghana in September 2017 through the sub-program on ASM under the overall PanAfGeo project. The ASM sub-program is co-funded by the European Commissions Directorate-General of
Apr 15, 2021 Artisanal and small-scale mining has a long history in Ghana. It was only in 1989, however, that government recognised its legitimacy through the
PDF On May 14, 2015, Daniel K Twerefou published Attitudes of Local People to Mining Policies and Interventions in Ghana Find, read and cite all the research you need on ResearchGate
Feb 24, 2016 A comprehensive minerals and mining policy to guide government in its management of the extractives sector has finally been launched, 17 years after it was first proposed. The policy document introduced to address various concerns in the mining industry and ensure mining contributes to structural transformation of the countrys economy is themed Ensuring Mining
Apr 26, 2004 The Ghanaian Mining Industry has been advised to work with the Western University College, Tarkwa in identifying policy interests and proposing measures to government that will uplift mining education and research promotion in Ghana. This was contained in a speech delivered by Mr. Henry Antwi, an Australian based Mining Consultant.
2 days ago Chinas Chifeng Jilong Gold Mining has received Ghanas approval to proceed with the acquisition of Golden Star Resources (TSX GSC), which owns 90% of
Keywords Ghana, illegal, Land, Mining, Policy 1. Introduction and Background to the study Galamsey is a descriptive term in Ghana meaning gather them and sell. It is a method of mining where perpetrators used unconventional and illegal means to extract gold from water bodies and
Oct 07, 2016 Using empirical evidence from local mining communities in Ghana, it examines how close are these two policy frameworks in terms of principles, approach, institutions and processes, aiming to identify the gaps and propose solutions so that Ghanaian womens right to water can be secured.
Nov 22, 2021 Atlantic Lithium obtains exploration licence for Ghana project. The licence provides access to 139.23km of highly prospective lithium tenure for the Australian firm. Australian mineral resources company Atlantic Lithium has received an exploration
Ghanas mining history, particularly gold, dates back to the fifteenth century. The industry was very vibrant during the pre- independence period when mining policy was largely geared towards assisting and promoting the maximization of mineral production in the interests of the colonial powers.
Minerals Mining Policy of Ghana Ensuring mining contributes to sustainable development. 6 One (1) year after independence, a diagnostic study was conducted into the grant of mineral and timber rights. Consequently Government adopted the following policy recommendations of the study. These are
Sep 13, 2021 The key legislation regulating mining in Ghana is the 1992 Constitution of Ghana, the Minerals and Mining Act, 2006 (Act 703), as amended by the Minerals and Mining (Amendment) Act, 2015 (Act 900), the Minerals and Mining (Amendment) Act, 2019 (Act 995), and the Minerals Commission Act, 1993 (Act 450). Other substantive enactments that regulate mining are the
Nov 24, 2021 Government is committed to indigenising mining to ensure the ... Top Headlines Mining Ghana. ... Mr Ayisi outlined various policy reforms being
From the inception of Ghanas economic policy changes in 1983 to date, the mining sector has witnessed a considerable investment boom and increased production, particularly in the gold sector. There has been considerable growth in the number of new mines and exploration companies. The sector has also attracted a significant number of
Ghanas gold mining sector scored 69 out of 100 points in the 2021 Resource Governance Index (RGI), improving by 13 points since the 2017 RGI. Stronger resource governance was driven by improvements across both the indexs value realization and revenue management components, with notable increases in governance of local impacts and national ...
Mar 10, 2021 One of the most significant policy challenges in Ghana today revolves around the question of how to address illegal small-scale mining, popularly known as galamsey. Arnaud Liege The topic is politically sensitive in Ghana where the practice accounts for an estimated 60% of the countrys total mining labour force and supports millions of ...
Furthermore, whilst Local Content seems to be a recent fad, the policy has reflected in Ghanas mining legislation, since the Minerals and Mining Law PNDC Law 153 of 1986. The Law required that mining companies procured inputs from Ghana to the maximum extent possible consistent with the economy, efficiently and safely.
Dec 10, 2018 The Minister for Information, Hon. Kojo Oppong Nkrumah has hinted government will on Friday, December 14th announce a new mining policy framework to regularise and reform mining activities in Ghana. He made above utterance known at a maiden National Policy Summit at Western Plus Atlantic Hotel, Takoradi in the Western Region.
UGBS Policy Brief No.1 Although Ghana has had a formalised process for engaging in ASM on legal basis since the late 1980s, an estimated 85 percent of small scale miners in the coun-try operate on illegal basis. Popularly known as galam-sey, illegal mining has had signicant adverse implica-tions in Ghana, ranging from revenue losses to the state
Denkyembour Districts) of Ghana with records of small-scale mining. This process included informal interviews with miners, mining officials, government officials, and local community members. Ghana has since 1985 formulated and implemented several laws and policies aimed at creating an effective regulatory framework for the mining industry.
1.1 Overview of Ghanas Minerals and Mining Sector Ghana is well endowed with substantial mineral resources, the major ones being gold, diamonds, manganese and bauxite. Gold is the predominant mineral produced in the country, accounting for over 90% of all mineral revenues annually over the past two decades (Minerals Commission1).
intended to function and control mining in Ghana and how they actually turned out to work. The second purpose is to present and analyse how the new law addresses the problems resulting from the old mineral and mining law. 1.3 Method/Theoretical Framework This study is a case study of the existing mining laws in Ghana. The study is based on a
In Africa, Ghana is the second largest gold producer, contributing to about 5.7% of the countrys GDP. The mining sector in Ghana consists of both small-scale and large-scale mining, each of which has varying environmental impacts. This paper provides an exposition on the environmental impacts of mining activities in Ghana.
Jun 09, 2011 9 Jun 2011. In a bid to increase the sectors contribution to economic growth, Ghanas national mining policy is set to undergo a major reworking over the next few months. The mining sector has performed steadily over the past year, particularly in gold production. In all, it generated revenues of $2.83bn, an increase of 27% compared to ...
May 13, 2018 Ghana Mine Workers Union (GMWU) has called on government for a stakeholder forum on the Contract Mining Policy to chart a roadmap for the sector. The
Aug 10, 2020 Minerals Mining Policy of Ghana 2.0 Overview of Ghanas Minerals and Mining Sector Ghana is well endowed with substantial mineral resources, the major ones being gold, diamonds, manganese and bauxite. Gold is the predominant mineral produced in the country accounting for over 90% of all mineral revenues annually over the past two decades.