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Mineral wealth is an important asset that can be used to stimulate or enhance economic growth and spur infrastructure development, including the building of schools, hospitals and road networks.1 Mining has played a substantial role in the development of Ghana, which is second only to South Africa in terms of gold production on the African continent.2 Ghana is equally gifted with rich mineral ...
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As of the third quarter of 2021, Ghana's official gold reserves reached 8.74 metric tons. The Obuasi Gold Mine, one of the leading gold mines in the country, had over 29 ounces of mineral ...
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The characteristics of access control and maintenance at specific mining concessions are strongly influenced by an interplay between three factors: (1) the stage of a mining operation (in particular the exploration and gold-producing mode); (2) the historical embeddedness of artisanal gold mining in local socio-political landscapes; and (3) the ...
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Mining has historically been associated with the production of large volumes of solid wastes, in spite of the sector's significant contribution to the socio-economic development of nations around ...
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In Ghana, for instance, the country's mining sector is a very vital segment of its economy, and has played a significant role in its socio-economic development since the colonial period. Historically, the Ghanaian mining sector's contribution to the country's gross foreign exchange - particularly gold - has only been paralleled by its cocoa sector.
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The historical importance of mining in the economic development of Ghana is considerable and well documented, with the country's colonial name -- Gold Coast -- reflecting the importance of the mining sector. Gold dominates the mining sector and 1THE WORLD BANK. 1992, Strategy for African Mining.
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Another crucial factor in Ghana's regulatory environment in mining has to do with weak enforcement. The effectiveness of Ghana's mining legislation has been questioned. As Agyei (2016) put it, "[a] major weakness of Ghana is bad governance perpetuated by corrupt political elite and ineffective public institutions". For example, section ...
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In countries with substantial mineral resources, the mining sector plays a critical role in transformation and development. This article first appeared in Mining Review Africa Issue 12 2018. Where the mining sector is not performing, this manifests itself in various forms including the failure to deliver on socio-economic expectations, the rise of resource nationalism (and in some cases, the ...
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2) the commodity boom and price increases of recent years fuelled by impressive economic growth in China and India. 3) increased competition for Africa's mineral resources. 4) a desire by global players to link mineral resources extraction with socio-economic development through measures beyond revenue transparency.
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According to the CEA, environmental degradation costs $6.3 billion annually or nearly 11% of Ghana's 2017 GDP . Non-renewable resources such as gold and oil cannot sustain growth as resources deplete while renewable resources like cocoa, timber, and other tree and food crops, depend on good environmental stewardship.
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A mining operation should provide socio-economic benefits to all stakeholders. Employees and local communities stand to gain jobs, local procurement and community projects. National and regional governments receive royalties, taxes and investment. Investors of capital expect interest and risk adjusted returns on their investment.
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assessing the environmental and socio-economic impacts of local mining in northern ghana; banda nkwanta in the bole district as a case study completed by: mohammed subouru alhassan bigson supervised by: dr. gÜl Özerol dr. victoria daskalova master of environmental and energy management university of twente netherlands 2015/2016
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of socio-economic data and analysis. Th e nature of a proposed development and its socio-economic and cultural context helps defi ne the SEIA expectations. Developers must be familiar with how to determine the scale and scope of issues, and the level of SEIA required for each phase of EIA. FIGURE 2 Stages of EIA INTRODUCTION TO SOCIO-ECONOMIC IMP
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The resurgence in the mining industry in Ghana since 1989 cannot be considered an isolated phenomenon. It is driven by the global paradigm which emphasizes private sector-led development as the engine of economic recovery in developing countries. In these economic programmes, African countries with important mining
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The purpose of the role is to assist with planning, implementing and monitoring of effective methods in stakeholder management, land access, resettlement, compensation, and socio-economic development practices in a way that enhances community advancement and AAIL's reputation Specific responsibilities will include:
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Our Core Values Responsible Mining Approach The Trading of Gold The mining of Gold Ministries Ministry of Lands and Natural ResourcesGhana is endowed with abundant natural resources, which have played a key role in the... Visit Website Ministry of Environment, Science Innovation and TechnologyEnsure accelerated socio-economic development of the ..
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But mining communities in Ghana are generally poor. Mining imposes socio-economic costs on host communities through land acquisitions, environmental degradation, pollution and a high cost of ...
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The Socio-economic Development plan aims at contributing to a resilient local economy and the welfare of community members. Its Socio-economic development plan is a build-up on a just-ended 3-year ...
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Chirano Gold Mines has donated a 33-seater luxurious bus to the Bibiani Goldstars FC to facilitate their participation in the Ghana Premier League. Gold Stars will for the first time in their 24 ...
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Mining in the Context of the Minamata Convention on Mercury Ghana May 2020 Rapid Health Situation Assessment Report Piloting a New WHO Framework to Support the Development of Public Health Strategies on Artisanal and Small-scale Gold Mining in the Context of the Minamata Convention on Mercury Authors: Dominik Dietler Swiss TPH Dr Edith Clarke
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mining and industrial development mining has been an important industrial activity in the economy of ghana small-scale mining for gold and diamond has also been important main environmental challenges include land devastation, soil degradation, water and air quality deterioration, noise, visual intrusion and social dislocation .
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Artisanal gold mining (AGM) plays an important role in the economic development of Burkina Faso with over 2 million people directly or indirectly engaged in the activity in over 800 sites. This study explores the emergence of AGM and its environmental, social, and economic impacts in the Hounde district of Burkina Faso.
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Integrative Perspectives on Diamond Mining and Public Health in Akwatia, Ghana 17. Socio-Economic, Environmental and Policy Implications of Alluvial Diamond Mining in the Birim 18. 'Live and Let's Live' - The Relationship between Artisanal/Small-Scale and Large-scale miners in Ghana: The Abosso Goldfields' Experience 19. Strained relations: a ...
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Gold mining industry represents an important source of socio-economic development in most economies. Ghana has had its fair share of the benefits the mining sector brings by way of direct revenue generation and job creation. In spite of this significant contribution from gold mining, the sector appears to be facing various forms of challenges.
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Less than 20% of surveyed mining companies believe the level of regulatory uncertainty in South Africa is conducive to, or at least not a deterrent to, investment. Only 10 of the surveyed countries fared worse. Even fewer think socio-economic agreements and community development conditions are not a deterrent to investment.
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Gold mining in Ghana has gained unprecedented worldwide recognition. The mining sector has played a key role in the socio- economic development of the country. Despite these gains, gold mining has over the years contributed to ad-verse problems that have affected livelihoods of rural dwellers. In order to eke out a living, local communities ...
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Abstract: Gold mining has played an important role in Ghana's economy, however the negative environmental and socio-economic effects on the host communities associated with gold mining have overshadowed these economic gains. It is within this context that this paper assessed in an
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To enhance environmental and socio-economic opportunities in agricultural landscapes affected by alluvial gold mining in the Eastern Region of Ghana. Objective Reclaim/rehabilitate/restore at least 5,000 ha of mining-degraded land in 20 major communities in the Fanteakwa District and the East Akyem
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Socio-economic Development of Mining Communities: A Case Study of Kenyasi in the Brong Ahafo Region ... Mining is an important economic activity which has the potential of contributing to the ... It contain in Section 81 to 99 in the 1992 Constitution of the Republic of Ghana. Small-scale gold mining licenses may be granted to Ghanaians 18 ...
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operation. One way has been the development of Alternative Livelihood Strategies or Coping Mechanisms by mining companies with the view to cushioning people from the adverse impacts of their mining activities as it is done in Kenyasi by Newmont Mining Company and even the community residents themselves. Although most mining companies
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This sustained strong economic performance goes against the accepted wisdom that even though the mining sector, like other extractive industries, can generate foreign exchange and fiscal revenues, it contributes little to sustained economic growth and, by extension, human development. Through the presentation of trends and patterns of various ...
Get priceThe mining sector has therefore been an important part of our economy, with gold accounting for over 90% of the sector. Ghana is the second largest gold producer in Africa and the 9th largest producer in the world. The sector directly contributed 38.3% of Ghana's total corporate tax earnings, 27.6% of government revenue and 6% GDP in 2011.
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Gold, which initially brought Europeans to the Gold Coast, remained in the hands of Africans until the 1890s. Traditional techniques of panning and shaft mining, however, yielded only limited...
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Mining plays a vital role in the economic development of many countries. Historically this has been the case in many parts of the developed world, and while mineral development is an important factor for economic growth it can also, if done responsibly, be a catalyst for social growth in developing countries.
Get priceIn Ghana, the mining sector directly contributed to 6% of Gross Domestic Product (GDP) and 27.6% of government revenue in 2011 [ 8 ]. Ghana recorded a magnificent increase in all mineral productions in 2005 with gold rising and taking over from cocoa as Ghana's leading foreign exchange earner.
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The direct economic contribution of the gold mining industry to the global economy, as defined by 'gross value added' (GVA), has increased almost seven-fold in the period from 2000 to
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the welfare impacts of large-scale gold mining on local communities in three African countries — Ghana, Mali, and Tanzania. The approach adopted in this study is two-p ronged.
Get priceAnd this is evident by the galamsey in Ghana, the chikorokoza in Zimbabwe, and the zama-zamas in South Africa. The Africa Mining Vision's goal for ASM is "to create a mining sector that harnesses the potential of artisanal and small-scale mining to advance integrated and sustainable rural socio-economic development."
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The social and economic contribution of gold mining 01 This insightful report offers an analysis of value distribution from 31 large gold mining companies across 38 countries, in a diverse range of socio-economic settings. Among the countries covered are nine developing economies - Burkina Faso, Ghana, Guinea, Guyana,
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Again some 30 illegal miners were recently arrested by soldiers while allegedly mining on a concession belonging to AngloGold Ashanti. Mr. Adansi-Bonah said the phenomenon was worrying and a cause for national concern considering the importance of AngloGold Ashanti to the socio-economic development of Ghana. "This issue is sensitive.
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