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DR. TONI AUBYNN (CEO, MINERALS COMMISSION)

OFFICIAL LAUNCH OF GHANA’S MINERALS AND MINING POLICY. KEY PROVISIONS IN GHANA’S MINERALS & MINING POLICY: FOR EFFECTIVE & EFFICIENT MGT. OF MINERAL RESOURCES. DR. TONI AUBYNN (CEO, MINERALS COMMISSION). GHANA’S MINERALS & MINING POLICY.

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DR. TONI AUBYNN (CEO, MINERALS COMMISSION)

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  1. OFFICIAL LAUNCH OF GHANA’S MINERALS AND MINING POLICY KEY PROVISIONS IN GHANA’S MINERALS & MINING POLICY: FOR EFFECTIVE & EFFICIENT MGT. OF MINERAL RESOURCES DR. TONI AUBYNN (CEO, MINERALS COMMISSION)

  2. GHANA’S MINERALS & MINING POLICY The policy seeks to establish a comprehensive framework for mining to catalyse Sustainable Development.

  3. INTRODUCTION AND POLICY CONTEXT [1] • Ghana is endowed with immense economic mineral resources such as gold, diamonds, manganese, bauxite, limestone, clays, kaolin, mica, etc • unexploited deposits: iron ore, mica, columbite-tantalite, feldspar, quartz, salt etc. • industrial minerals – e.g. brown clays, kaolin and silica sand are being exploited on small scale to supply local industries in ceramic, paint and glass manufacturing respectively. • huge potential in solar salt production remains to be fully realized. • Various geo-scientific studies have been completed : occurrence of base metals (Ni, Cu, Zn ) and Chromite in the country.

  4. INTRODUCTION AND POLICY CONTEXT [2] • The Economic Recovery Programme (ERP) was launched in 1983 to halt the general decline in the economy by resuscitating its major sectors including the mining sector. • adjustment of cedi exchange rate to realistic levels • retention of foreign exchange to purchase spares and consumables • Disposals of loss making state enterprises • As a result of the ERP and other policy measures, the mining sector has become the highest foreign exchange earner for the country.

  5. POLICY FRAMEWORK AND OBJECTIVES

  6. POLICY FRAMEWORK AND OBJECTIVES By consolidating various policies in the mining sector, key objectives have been outlined to support the sustainable development of the national economy. These are: • Diversify mineral production base • Optimize mineral revenue collection • Generate skilled manpower of local origin • Create demand for local goods and services • Contribute to infrastructure development • Catalyst for wider investment in economy • Adopt principles of the AU and the Intergovernmental Forum on Mining in promoting good governance and transparency in the extractive sector • Implement policies outlined in the African Mining Vision,

  7. HIGHLIGHTS: MINERAL LICENSING

  8. HIGHLIGHTS: ENVIRONMENTAL REGULATION

  9. HIGHLIGHTS: OCCUPATIONAL HEALTH AND SAFETY

  10. HIGHLIGHTS: FISCAL POLICY FOR MINING

  11. HIGHLIGHTS: SMALL SCALE MINING ISSUES

  12. HIGHLIGHTS: MAXIMIZE BENEFITS AND MINIMIZE COSTS OF MINING [1]

  13. HIGHLIGHTS: MAXIMIZE BENEFITS AND MINIMIZE COSTS OF MINING [2]

  14. CONCLUSIONS • Mining Policy Developed through a wide participatory approach with comments and inputs from the general public as well as from various institutions having responsibility for the mining sector. • The policy seeks to establish a comprehensive and forward looking framework for mining to catalyse sustainable development. • Stakeholder Collaboration needed to implement policy to optimise: • benefits from the mining sector to contribute to structural transformation of Ghana’s economy.

  15. Thanks for your attention

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