The flagbearer of the New Patriotic Party, Dr. Mahamudu Bawumia, has laid out a detailed vision for the mining sector, which he says will help effectively regulate the industry, help small-scale miners and also protect the environment
Speaking to the nation in Accra on Wednesday, February 7, 2024, to unveil his vision and priorities for Ghana, Dr. Bawumia said about one million Ghanaians are engaged in small-scale mining and there is a need to help transform these small-scale miners to practice responsible mining, create more wealth, and also save the environment.
“About one million people are engaged in small-scale mining. Our goal would be to help grow small-scale mining companies into large-scale companies with capacity building and assisting them to access financing to acquire equipment. We can create many millionaires in the small-scale mining industry if we support them,” Dr Bawumia said.
“My government will support the Minerals Commission and key stakeholders to formalize the Artisanal and Small-Scale Gold Mining (ASGM) sector to ensure that the activities of the entire value chain are sustainably and responsibly done so that most of the gold produced by this sector can be sold to the Bank of Ghana (BoG) and be eligible to be part of the gold reserves of the central bank.”
Dr. Bawumia added that in line with this, his government “will license all miners doing responsible mining. District Mining Committees, including chiefs, will provide initial temporary licenses to miners.”
“As long as miners mine within the limits of their licenses, e.g. no mining in river or water bodies, there will no longer be any seizure or burning of excavators.”
“I will fully decentralize the Minerals Commission as well as the Environmental Protection Agency (EPA) and ensure that they are present in all mining districts.”
Dr. Bawumia added that, under his government, every Ghanaian in Small Scale Mining will register under Ghana Small Scale Miners Association with their Ghana card.
