Deputy Minister for Lands and Natural Resources,
Barbara Asamoah says the country’s new mining law to guide government in its
management of the mining and minerals sector will be ready by end of year.
The law, when fully operational, will define usage
of the country’s mineral resources for national development.
The law has faced delays and was initiated in 1999, and
went through various stakeholder consultations and independent review in 2001,
and currently before cabinet for the necessary scrutiny.
Explaining the delay at a conference in London, Mrs.
Asamoah said: “The law has delayed because the ministry was consulting with key
stakeholders in the industry before it was introduced.
“It is very important that we bring onboard the
major stakeholders in the mining sector. For our part, we have put everything
together. But what we are doing now is allowing inputs from the public,” she
said.
She confirmed that the new mining law, should it
come to force, is expected to better regulate the industry and ensure that
Ghana benefits more from the sector.
“The law will also tighten regulations in areas of
revenue, licencing and protecting the environment,” she remarked.
No comments:
Post a Comment