Skip to main content

Strict enforcement of mining regulations will address illegal mining – GCM

Ahmed Nangtomah, Director of External Relations and Communications-GCM

 The Ghana Chamber of Mines (GCM) has called for rigorous enforcement of mining regulations to specifically address individuals violating Ghana's mineral laws, rather than employing broad and generalized approaches.

Speaking during a mining tour organized by the Chamber for the Journalists for Business Advocacy (JBA) at selected mining sites in the Tarkwa area of the Western Region, Ahmed Nangtomah, Director of External Relations and Communications, emphasized the need for distinction between responsible and illegal mining.

There is a clear distinction between responsible mining and illegal mining. It is counterproductive to impose a ban on activities that are already illegal. What is required is effective enforcement to prevent these illegal actions," Nangtomah noted.

He proposed that the focus should be on identifying and penalizing those engaged in illegal mining, particularly those operating in water bodies, thereby causing pollution and environmental degradation without any mitigation efforts.

Nangtomah asserted that only by concentrating on the "bad actors" would the industry recognize that the government and regulatory bodies were fulfilling their responsibilities effectively.

The GCM, as an advocacy organization, aims to provide leadership and collaborate with the media to improve the dissemination of information. "We are convinced that engaging with the media and sharing our perspective will aid in promoting awareness about the role of mining as a driver of development. The visits to various sites have made the differences evident," he mentioned.

Nangtomah highlighted that GCM members, consisting of large-scale operations, adhere to regulations, comply with legal frameworks, and prioritize environmental, social, and governance considerations, which are vital for the nation. He further noted that mining companies actively prevent pollution by treating wastewater.

The Chamber's call for targeted enforcement comes amid ongoing efforts to address environmental and social concerns associated with mining in Ghana. By distinguishing between responsible and illegal mining, the GCM seeks to promote sustainable mining practices and contribute to the country's economic development.

Comments

Popular posts from this blog

Fitch Solutions retains 2025 growth rate projection at 4.2%

 Fitch Solutions has reaffirmed its projection that Ghana’s economy will expand by 4.2% in 2025. This estimate slightly exceeds the International Monetary Fund’s forecast of 4% and the World Bank’s projection of 3.9%. The UK-based research firm attributes its outlook to historically high gold prices, which are expected to cushion the Ghanaian economy against a global slowdown triggered by rising tariffs. Higher gold prices are anticipated to strengthen government revenue, enhance foreign exchange earnings, and help sustain currency stability. The report also highlights that Ghana is relatively less vulnerable to increasing trade restrictions from the United States, given that its primary exports—gold and crude oil—are not directly affected by the tariffs introduced by President Trump’s administration. Moreover, the US constitutes only about 4% to 5% of Ghana’s total exports. In contrast, Ghana’s trade relations are more heavily oriented toward China and European countries, particul...

BoG injects $20m into FX market to support 11 BDCs

  The Bank of Ghana (BoG) has injected $20 million into the foreign exchange market in the latest round of its forward FX auction targeted at Bulk Oil Distribution Companies (BDCs). The intervention, which benefited eleven BDCs, is part of the central bank’s broader strategy to stabilise the cedi and ensure price stability in the petroleum downstream sector. Held on Tuesday, April 29, the auction was priced at a locked exchange rate of GHS 14.28 to the US dollar, with bid offers ranging from GHS 13.85 to GHS 15.55. This move reflects the BoG’s continued effort to deepen forex liquidity and safeguard the domestic fuel supply chain against volatility in global energy markets. By directly supplying FX to BDCs, the central bank seeks to ease pressure on the interbank market, guarantee the uninterrupted flow of petroleum products, and mitigate the pass-through effects of exchange rate fluctuations on fuel prices. The $20 million disbursement forms part of a $120 million programme for th...

Kenpong Travel & Tours Champions Breast Cancer Awareness During Customer Week

  As part of activities to mark Customer Week, Kenpong Travel & Tours, a leading travel agency in Ghana, is joining the global fight against breast cancer. October is Breast Cancer Awareness Month, and the company is passionate about spreading hope and support to those affected. At Kenpong Travel & Tours, we believe that travel and exploration can be therapeutic and empowering. That's why we're committed to supporting our customers and the broader community in the fight against breast cancer. We're proud to stand in solidarity with breast cancer warriors and survivors. At Kenpong Travel & Tours, we believe that everyone deserves a chance to explore the world and create unforgettable memories. Let's prioritize health, support one another, and fight against breast cancer," said Kennedy Agyapong, CEO of Kenpong Travel & Tours. Our efforts are focused on raising awareness, promoting early detection, and supporting those affected by breast cancer. We urg...