Cabinet approves revised mining law to strengthen oversight
A drone view shows the Damang gold mine near the town of Abosso"This policy seeks to indigenize mining by strengthening local content through domestic value addition to minerals, improve linkages to the manufacturing industry, and deal decisively with the menace of illegal mining and the protection of our environment.
Reconnaissance and prospecting licences will be replaced by a single exploration licence capped at five years, with extensions contingent on a review of an initial two-year work programme.
Ghana's Minerals and Mining Act, 2006 has been in force for nearly two decades and requires an overhaul to provide an updated, coherent and forward-looking legal framework for the sector, Buah told a news conference in Accra.
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