revoke, suspend or renewmineral rights. (s. 5, Act 703) The Minister acts on the advice and recommendation of the Minerals Commission (ss. 12 & 100(2), Act 703). Art. 269 of the 1992 Constitution and the Minerals Commission Act, 1993 (Act 450) set up the Minerals Commission (Mincom). Mincom is responsible for the regulation and management of the
regulate the law relating to prospecting for minerals, mining, processing and dealing in minerals, to granting, renewal and ... [G.N. No.396 of 2010] Acts Nos. 14 of 2010 17 of 2010 23 of 2015 4 of 2017 7 of 2017 9 of 2017 4 of 2018 6 of 2019 14 of 2019 PART I PRELIMINARY PROVISIONS Short title 1. This Act may be cited as the Mining Act ...
The Minerals and Mining Act, 2006 (Act 703), referred to in this Act as the principal enactment, is amended by the substitution for section 81 of 81. Application (1) Sections 82 to 98 apply to small scale mining only. (2) Section 99 applies to illegal small scale mining and other forms of illegal mining.". 2. Section 96A inserted
The main focus of developing a Local Content framework for Ghana's mining industry is to create local employment and to promote growth of domestic manufacturing. These two aspects, (Human Resource and Goods & Services) of Ghana's local content framework are supported by the Minerals and Mining Act, 2006 (Act 703) and L.I. 2173, 2012.
Section 25 of Act 703 amended. 1. The Minerals and Mining Act, 2006 (Act 703) is amended by the substitution for section 25 of "Royalties25. A holder of a mining lease, restricted mining lease or small scale mining license shall pay royalty in respect of minerals obtained from its mining operations to the Republic at the rate of 5% of the total revenue earned from minerals …
[99] By Sections 12 of the Minerals and Mining Act, 2006 the Minerals Commission is required by law to submit its recommendation on an application for mineral right to the Minister within ninety days after receiving an application The provision of the law runs as follows: "12. The Commission shall, unless delay occurs because of a request for ...
The Minerals and Mining Act, 2006 (Act 703) was promulgated in 2006. 2. ACT 703 Minerals and Mining Act, 2006 (Act 703) DOWNLOAD 3. 2015 ... Minerals and Mining (Ground Rent) …
MINERALS AND MINING (LOCAL CONTENT AND LOCAL PARTICIPATION) REGULATIONS, 2020 IN exercise of the power conferred on the Minister responsible for Mines under section 110 of the Minerals and Mining Act, 2006 (Act 703), these Regulations are made this 15th day of October, 2020. Preliminary Provisions Purpose of Regulations I.
The Natural Resource Governance Institute is an independent, non-profit organization that supports informed, inclusive decision-making about natural resources and the energy transition.
MINERALS INCOME INVESTMENT FUND ACT, 2018 View Full Report AN ACT to establish a Fund to manage the equity interests of the Republic in mining companies, to receive mineral royalties and other related income due the Republic from mining operations, to provide for the management and investment of the assets of the Fund and for related
the Minerals Income Investment Fund Act, 2018 (Act 978) as amended by the Minerals Income Investment Fund (Amendment) Act, 2020 (Act 1024); and; the Kimberley Process Certificate Act, 2003 (Act 652). ... The …
The Minerals and Mining Act 2006(Act 703) as amended by the Minerals and Mining (Amend-ment) Act 2015 (Act 900) (All together the Minerals and Mining Act). iii. The Minerals …
MINERALS AND MINING ACT, 2006 (ACT 703) Original - Table of contents. Section 1 - 1. Minerals property of Republic; Section 2 - Compulsory acquisition of land; Section 3 - Land available for application for mineral right; Section 4 - Minister may reserve land from mining; Section 5 - Power of Minister to grant mineral rights ...
The Greenland Parliament Act on mineral activities (Mining Act), coming into force on January 1st, 2024, is the framework legislation for all activities related to mineral and hydrocarbon exploration and exploitation (Greenland Parliament Act on mineral activities Explanatory notes). Please be aware that certain provisions have amended during the processing of the law in the …
Minerals and Mining Act, 2006 (Act No.703 2006). This content is exclusively provided by FAO / FAOLEX. Minerals and Mining Act, 2006 (Act No.703 2006). Country. Liberia. ... This Act consisting of 112 articles aims at revising and consolidating the law relating to minerals and mining and to provide for connected purposes. As General principles ...
in breach of the Constitution and several provisions of the Minerals and Mining Act, Act 703, as well as, the Minerals and Mining Regulations, 2012, LI 2176. Indeed, the main thrust of applicant's case, is that the three leases granted to the interested party violated article 268 (1) of the Constitution, as the leases had not been ratified
MINERALS AND MINING ACT, 2006 (ACT 703) As Amended by MINERALS AND MINING (AMENDMENT) ACT, 2019 (ACT 995)1 ARRANGEMENT OF SECTIONS Section Ownership of minerals and cadastral system 1. Minerals property of Republic 2. Compulsory acquisition of …
Minerals And Mining Act, 2006 (ACT 703) As amended. Section 73: (1) The owner or lawful occupier of any land subject to a mineral right is entitled to and may claim from the holder of …
A critical issue confronting the mining industry and communities in Ghana is compensation for loss of land rights in mining activities. The 1992 Constitution and the Minerals and Mining Act, 2006 (Act 703) both require compensation for the expropriated to …
In spite of subscriptions to these regional frameworks, Ghana's Minerals and Mining Act, 2006 (Act 703) which predates these interventions has not undergone any major amendments to reflect international best practices and address the challenges in the sector. A 2017 study by the Africa Centre for Energy Policy on the adoption of the tenets of ...
This Act provides rules relative to rights regarding minerals and mining operations in Ghana. The Act empowers the President to compulsory acquire land for the development or utilization of a mineral resource but the Minister may declare land to be reserved from becoming the subject of an application for a mineral right.
Section 25 of Act 703 amended 1. The Minerals and Mining Act, 2006 (Act 703), referred to in this Act as the principal enactment, is amended by the substitution for section 25 of 'Royalties 25. A holder of a mining lease, restricted mining lease or small scale mining lease shall, in …
A holder of a mining lease, restricted mining lease or small scale mining licence shall pay royalty that may be prescribed in respect of minerals obtained from its mining operations to the Republic, except that the rate of royalty shall not be more than 6% or less than 3% of the total revenue of minerals obtained by the holder.
The Minerals Income Investment Fund Act, 2018 (Act 978) iv. The Minerals Development Fund Act, 2016 (Act 900 b. Substantive Regulations i. The Minerals and Mining (Licensing) Regulations, 2012 (L.I 2176) ... the Minerals and Mining Act, 2006 (Act 703), every mineral in its natural state in, under or upon any land in Ghana, rivers, streams ...
The Minerals Income Investment Fund Act, 2018 (Act 978) The Minerals Development Fund Act, 2016 (Act 900; Substantive Regulations. The Minerals and Mining (Licensing) Regulations, 2012 (L.I 2176) ... Under the principal Act, the Minerals and Mining Act, 2006 (Act 703), every mineral in its natural state in, under or upon any land in Ghana ...
The Minerals and Mining Act (703/2006), as amended by the Minerals and Mining (Amendment) Act (900/2015). The Environmental Protection Agency Act (490/1994). The Income Tax Act (896/2015). Ghana Investment Promotion Centre Act, 2013 (Act 865). Regulations. The Minerals and Mining (Licensing) Regulations, 2012 (LI 2176).
The principal laws governing mining in Ghana include the following. Substantive legislation: The 1992 Constitution of the Republic of Ghana; The Minerals and Mining Act, …
THE MINERALS AND MINING ACT, 2006 AN ACT to revise and consolidate the law relating to minerals and mining and to provide for connected purposes. DATE OF ASSENT: 22nd March, 2006. ENACTED by the President and Parliament: Ownership of minerals and cadastral system Minerals property of Republic 1.
The Minerals and Mining Act consolidates the law related to minerals and mining in Ghana. The Act confirms that all minerals in their natural state are the property of Ghana (section 1). The Act also covers land available for minerals (sections 2-8) and mineral rights (sections 9-21), fees (sections 22-26), licensing (sections 31-38), leasing ...