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'These new mining royalty regulations could make Ghana’s mining sector unattractive to investors and potentially lead to the loss of about one million jobs.' — Patrick Boamah, Chairman of Parliament’s Subsidiary Legislation Committee, as the Minority raises concerns over the Minerals and Mining Royalty Regulations, 2025 #CitiNewsroom #CitiFM #GhanaNews...

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CITI FM 97.3

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12,414 просмотров • 3 месяцев назад •via X (Twitter)

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The Majority in Parliament says the 10% royalty agreement for lithium mining with Barari DV Ghana Limited under the Akufo-Addo administration did not comply with the Minerals and Mining (Amendment) Act, 2010, which sets a 5% standard rate. Following a revised agreement reflecting 5%, Minority MPs have resisted the changes. Lands Committee Chairman Collins Dauda says steps are underway to amend the law for legal alignment. #CitiNewsroom #CitiFM #GhanaNews
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The Majority in Parliament says the 10% royalty agreement for lithium mining with Barari DV Ghana Limited under the Akufo-Addo administration did not comply with the Minerals and Mining (Amendment) Act, 2010, which sets a 5% standard rate. Following a revised agreement reflecting 5%, Minority MPs have resisted the changes. Lands Committee Chairman Collins Dauda says steps are underway to amend the law for legal alignment. #CitiNewsroom #CitiFM #GhanaNews

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The Minority in Parliament is demanding the resignation or dismissal of Lands and Natural Resources Minister Emmanuel Armah-Kofi Buah over the withdrawal of the lithium mining agreement. MP Vincent Ekow Assafuah says the move, following public outcry over the 5% royalty deal with Barari DV Ghana Limited, has weakened Ghana’s negotiation position and embarrassed Parliament. #CitiNewsroom #LithiumMining #GhanaParliament #EmmanuelArmahKofiBuah #MiningAgreement
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The Minority in Parliament is demanding the resignation or dismissal of Lands and Natural Resources Minister Emmanuel Armah-Kofi Buah over the withdrawal of the lithium mining agreement. MP Vincent Ekow Assafuah says the move, following public outcry over the 5% royalty deal with Barari DV Ghana Limited, has weakened Ghana’s negotiation position and embarrassed Parliament. #CitiNewsroom #LithiumMining #GhanaParliament #EmmanuelArmahKofiBuah #MiningAgreement

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Chairman of the Finance Committee of Parliament, Isaac Adongo says former appointees of the Akufo-Addo government ought to be lined up and whipped by cocoa farmers for mismanaging the sector. #CitiNewsroom #CitiFM #GhanaNews

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Our province’s incredible mining sector and vast supply of critical minerals are at the heart of our plan to protect Ontario by creating tens of thousands of new, good-paying jobs. This National Mining Week, we celebrate the workers who have made Ontario’s mining sector a global leader.
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Our province’s incredible mining sector and vast supply of critical minerals are at the heart of our plan to protect Ontario by creating tens of thousands of new, good-paying jobs. This National Mining Week, we celebrate the workers who have made Ontario’s mining sector a global leader.

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Mining experts gathered as Engineers & Planners officially signed an acquisition deal for the Black Volta Gold Project — a significant step for Ghana’s mining sector. The move is expected to boost local investment, create jobs, and strengthen the country’s gold production capacity. #CitiNewsroom

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Heath Goldfields, operators of the Bogoso-Prestea mine, has launched a $20 million community development plan aimed at transforming livelihoods in host communities over the next five years. Managing Director Patrick Mensah said the initiative reflects a commitment to ensuring mining benefits local people beyond resource extraction. #CitiNewsroom #Mining #BogosoPrestea #Development #Communities #GhanaNews

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After President Trump loosened regulations for mining the ocean floor, companies are preparing to take part in what could be a deep-sea minerals boom. Nancy Loo went behind the scenes with Impossible Metals, a company currently testing equipment to ensure it can handle the complexities of deep-sea mining. More:
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The Minority in Parliament criticizes the joint Ghana Armed Forces and Police Service show of force in Accra as a ‘misplaced priority’ and waste of resources. Ranking Member Reverend John Ntim Fordjour argues such displays should target security flashpoints like Bawku, Gbinyiri, and illegal mining sites to reassure residents and tackle crime effectively. #CitiNewsroom #GhanaNews #GhanaArmedForces #GhanaPoliceService #ParliamentCritique
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Chairman of the Church of Pentecost, Apostle Eric Nyamekye, has raised concern over the destruction of water bodies due to illegal mining (galamsey). He says pollution has made river baptism impossible in some areas, forcing the church to use synthetic rubber pools instead. #CitiNewsroom #Environment #GhanaNews

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The Damang Mine, formerly operated by Gold Fields Ghana Limited, has officially been handed over to Engineers and Planners following its successful bid for the mining concession. The brief ceremony took place at the mine site, where Lands and Natural Resources Minister Emmanuel Armah-Kofi Buah performed the symbolic handover. #CitiNewsroom #Mining #DamangMine #GhanaEconomy #NaturalResources

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I am pleased to extend a warm invitation to all for the upcoming Nigeria Mining Week, scheduled to take place from the 18th to the 20th of November 2024. This year’s theme, ‘From The Inside-Out: Building The Mining Sector To Be The Cornerstone of Nigeria’s Economy’ reflects our collective vision to harness the vast potential of our mineral resources to drive sustainable development and economic growth for our nation. The Nigeria Mining Week serves as a pivotal platform for industry stakeholders, investors, and mining professionals, to engage in meaningful discussions, share innovative ideas, and explore collaborative opportunities aimed at transforming the sector. The event will address critical issues, showcase technological advancements, and highlight best practices that can enhance the solid minerals sector. It is an excellent opportunity for networking, knowledge exchange, and forging partnerships that can catalyze the growth of the sector. Join us.

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Nature conservation NGO A Rocha Ghana has suffered a major setback in the fight against galamsey following intensified illegal mining activities behind its Kyebi office in the Abuakwa South Municipality of the Eastern Region. During a visit to the area, EU Ambassador to Ghana, Rune Skinnebach, described the scale of destruction as alarming and urged government to strengthen regulation and enforcement in the mining sector amid rising global gold prices. #CitiNewsroom #Galamsey #Environment #Kyebi #EasternRegion #GhanaNews
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CLEANING UP THE MINING SECTOR “All foreign investors and foreign-controlled entities currently participating in the small-scale gold mining sector are required to regularise their operations by transitioning to mining operations above the prescribed small-scale thresholds. Accordingly, all such operators shall, by 01 January 2027: a) Increase production capacity to levels beyond twenty (20) kilograms of gold per month; and/or b) Recapitalise investment to beyond United States dollars Fifteen million (US$15,000,000), thereby qualifying for operation under the large-scale mining category applicable to foreign investment participation.”
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CLEANING UP THE MINING SECTOR “All foreign investors and foreign-controlled entities currently participating in the small-scale gold mining sector are required to regularise their operations by transitioning to mining operations above the prescribed small-scale thresholds. Accordingly, all such operators shall, by 01 January 2027: a) Increase production capacity to levels beyond twenty (20) kilograms of gold per month; and/or b) Recapitalise investment to beyond United States dollars Fifteen million (US$15,000,000), thereby qualifying for operation under the large-scale mining category applicable to foreign investment participation.”

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