The implementation of Mining Cadastre Administration System (MCAS) at the Minerals Commission seeks to improve and strengthen current levels of compliance checks and license administration procedures and practices.
Monthly statistics of Gold produced and transported by the various mining companies on both small scale and large scale in Ghana. This is made available to the public to get the data statistics on Gold extract. This is to help facilitates easy trading.
The recognition of, and support to, small-scale mining is based on the premise that it offers opportunities to generate employment, support rural livelihoods and foster local entrepreneurship, as well as mining in a sustainable manner.
The 2019 Annual Report of the Minerals Commission is based on the Minerals and Mining Policy as well as the broad policy objectives of Government in line with the Sector Medium Term Development Plan (SMTDP) 2018 – 2021. It also captured Government policy as outlined in the 2019 Budget Statement for the Natural Resources Sector. For the mining sector, the policy objectives considered under the SMTDP (2018 – 2021) are:
The average price of gold in 2019 (US$ 1,393.34/oz) was higher than that of 2018 (US$ 1,268.49/oz). The improvement in gold price had positive impacts especially, for Ghana because gold is the country’s flagship mineral which accounts for about 93% of total mineral exports.
Small-scale mining of precious minerals continues to make significant contributions to the country's foreign exchange earnings. Currently, there are over 3,000 registered small scale mining groups and 90 Mine Support service companies. In fact, all diamond production is now from small-scale mining.
The favourable investment climate coupled with Ghana's mineral endowment has attracted over 250 local and foreign companies to the industry for mineral exploration. Currently, there are 16 large scale companies producing gold, diamond, bauxite and Manganese.
Ghana is also endowed with deposits of iron ore, limestone, columbite-tantalite, feldspar, quartz and salt, and there are also minor deposits of ilmenite, magnetite and rutile. Some of these industrial minerals - eg brown clays, kaolin and silica sand are being exploited on small scale to supply local industries.
|LIST OF PUBLICATIONS FOR SALE||COST|
|Gold Deposits of Ghana||US$ 150.00|
|Industrial Mineral Resources of Ghana||US$ 150.00|
|Solar Salt Technology||GH₵ 15.00|
|Map of Geological & Mineral Resources of Ghana||GH₵ 20.00|
|Mineral Concession Map of Ghana (scale:1:1000,000)||US$ 150.00|
The Minerals Commission Act 1993, (Act 450), stipulate the functions of the Commission as follows:
The objectives of the Minerals Commission as aligned with the Sector Medium Term Development Framework (2018 – 2021) are:
Under these objectives, Minerals Commission operated within four (4) Thematic Areas (2018 – 2021) namely:
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