NDC Mining Policy30 Dec 2024 13:20
4.3.2.1 Mining The next NDC government will:
Re-categorize mining in Ghana into small-scale (SSM), medium scale (MSM), and large-scale (LSM), each with tailored regulatory, operational, environmental, and safety requirements; promote sustainable SSM as a profitable and responsible business especially for young people by enforcing regulations and applying state-of-the-art technology, including AI, to track all excavators and geo-fence all SSM concessions in Ghana;
Ensure that mining operations are not conducted in unapproved areas, such as water bodies, and that the concession holders rehabilitate impacted areas;
Facilitate the setting up of mining equipment pools in each small-scale mining district, to ensure easy and affordable access to necessary mining equipment;
Enhance the capacity of the Minerals Commission to facilitate gold trade, provide mining support services, and ensure efficiency and sustainability in mining operations and to regulate the sector; facilitate equipment financing and mining input, research and standardization, gold recovery optimization, and post-mining land reclamation services;
Strengthen the capacity of mining regulatory institutions to ensure efficient and effective regulatory operations with quick turnaround times and to engage with stakeholders effectively;
Amend and strengthen the laws and regulations governing the Minerals Income Investment Fund (MIIF) to include clear guidelines and strict transparency measures for investing mineral revenue;
Provide a predictable regulatory regime and build confidence for local and foreign investors; collaborate with local and foreign partners to invest in National Minerals Mapping, particularly for mapping and developing lithium and other critical mineral deposits in Ghana;
Decentralise regulatory and licensing processes for artisanal miners and implement a ‘Tree for Life’ reforestation policy (with cocoa, palm and rubber) and a Blue Water Initiative to heal and harness the environment by turning areas degraded by illegal mining into hubs of economic and ecological recovery. introduce a system of offset programmes that sets aside part of the royalties due to the government for direct leverage on infrastructure development in mining areas; work with industry stakeholders to revamp the local goldsmithing and jewellery subsector to increase value addition and global competitiveness;
Promote the production of branded coins and other artefacts; and build the capacity of goldsmiths and jewellery makers to effectively participate in the process. set up a Ghana Gold Board (GOLDBOD) to regulate the small-scale mining sector. This board will restructure the small-scale mining sector;
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