Govt is committed to giving Ghanaians greater space in mining – Lands Minister - Ghanaian Times
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Government is committed to indigenising mining to ensure the country benefits fully from the sector, the Minister of Lands and Natural Resources, Samuel Abu Jinapor, said this yesterday. To this end, he said the government, through the Minerals Commission, was embarking on a number of reforms that would create enough room for the Ghanaians to …
  • GadgeteerZA
    2•2 years ago

    Will be interesting to see how this progresses. In South Africa we were hit with a slowdown in investments in mining when we tried to shift for a higher local ownership. One wonders if you should rather not let the ownership ride, so the investment happens, and more locals get employed and taxes get paid…

    There is probably no “best” answer as the economics needs to balance out between supply and demand.

    • mbiruiru
      2•2 years ago

      @danie10 @overflow64 Indeed.
      They say “small scale miners” but as far asa I can tell, Ghanians have been mining gold for thousands of years (Akan et al). Is there a change in ownership model at the small scale level (shifting to community owned mining versus individual-owned ones?)

      > For his part, the Chief Executive Officer of the Minerals Commission, Martin Ayisi, said the Commission had spent $10 million to procure initial 100 mercury-free gold extraction machines for small-scale miners.

      • GadgeteerZA
        2•2 years ago

        Yes, and I suppose there is the difference… ours is mostly large scale mining operations…

  • Camarada Forte
    1•2 years ago

    Does the minister means selling more cheap Ghanaian labour to large Canadian mining factories when he says “giving Ghanaians greater space in mining”? Because if he does, it won’t change much.