nigerian minerals and mining act, 2007 a bill for an act to repeal the minerals and mining act, no. 34 of 1999 and reenact the nigerian minerals and mining act 2007 for the purposes of regulating all aspects of the exploration and exploitation of solid minerals in nigeria; and for related 2. 3.Get Price
Minerals and Mining Law Wikipedia
The Minerals and Mining Law of 1986 (PNDCL 153), as amended by the Minerals and Mining (Amendment) Act of 1994 (Act 475) and the minerals and mining bill of 2005 (law No. 703), regulates mining in Ghana. Under the Minerals and Mining Law, mining companies must pay royalties; companies may also pay corporate taxes at standard rates.Get Price
Minerals And Mining Act GhanaLegal Legal Portal for Ghana
"indirect controller" means any person in accordance with whose directions or instructions the directors of the mining company or of another company of which it is a subsidiary are accustomed to act; [As Inserted by the Minerals and Mining (Amendment) Act, 1994 (Act 475), s. 1 (c)].Get Price
Resources Minister on Ghana’s Minerals and Mining Act
Promulgated in 2006, Ghana’s Minerals and Mining Act is aimed at highlighting the country’s mining sector as attractive to investors, while at the same time ensuring that government takes a ...Get Price
Parliament passes Minerals, Mining Law Graphic Online
Parliament has passed the Minerals and Mining ( Amendment ) Law, 2014. The object of the law is to amend the Minerals and Mining Act, 2006 (Act 703). The amendments are twofold, first to enable ...Get Price
Mining industry of Ghana Wikipedia
The Mining industry of Ghana accounts for 5% of the country's GDP and minerals make up 37% of total exports, of which gold contributes over 90% of the total mineral exports. Thus, the main focus of Ghana's mining and minerals development industry remains focused on gold. Ghana is Africa's largest gold producer, producing t in 2008.Get Price
Minerals And Mining Act GhanaLegal Legal Portal for Ghana
MINERALS AND MINING ACT 1986 (PNDCL 153) ... The provisions of this Law relating to reconnaissance, prospecting and mining of minerals in Ghana shall, subject to the provisions contained in this Part apply to radioactive minerals with such modifications as may be necessary. (2) Where any radioactive mineral is discovered in the course of ...Get Price
Mining – Ghana Investment Promotion Centre – GIPC
Minerals and Mining (Amendment) Act, 2015 (Act 900) Working together with the Ministry responsible for Mines, the AttorneyGeneral’s Department and the Parliamentary Select Committee on Mines and Energy, the Minerals Commission drafted an amendment to Act 703, which the Hon. Sector Minister submitted to Parliament.Get Price
Challenges of minerals and mining act of ghana ...
Ghana Tax News in a snapshot PwC. 201563Minerals and Mining Amendment Act, 2010 Eventually, the Minerals and Mining Amendment Act, 2010 was passed and gazetted on 19 March 2010 to amend a section of Act 703 which introduced a flat rate of 5% of the total revenue earned from minerals obtained This clearly is a departure from the L I 1349 approach which was based on theGet Price
Minerals and Mining Act, 2006 Act 703 FAOLEX Database
Act 703 THE SEVEN HUNDRED AND THIRD ACT OF THE PARLIAMENT OF THE REPUBLIC OF GHANA ENTITLED THE MINERALS AND KfTsTING ACT, 2006 ANACT to revise and consolidate the law relating to minerals and mining and to provide for connected purposes.Get Price
Exporting Gold From Ghana; The Need For Due Diligence ...
Jun 26, 2019· It is imperative to note that, in Ghana an individual needs a licence to buy and deal in minerals. Therefore, the export of gold out of the jurisdiction of Ghana can only be done under a license by an entity. This is regulated under the Minerals and Mining Act, 2006 (Act 703).Get Price
Minerals And Mining (Explosives) Regulations, 2012 (Li 2177)
minerals and mining (explosives) regulations, 2012 IN EXERCISE of the powers conferred on the Minister responsible for Mines by section 110 of the Minerals and Mining Act, (Act 703), 2006, these Regulations are made this day 20th of March, 2012.Get Price
ECOWAS to Introduce Mining and Minerals Act
May 30, 2019· The Act will also address all policies, legal and institutional gaps in mining in the region. The Minister for Lands and Natural Resources, Mr. Kwaku Asomah Cheremeh, stated this at the 4th ECOWAS meeting on ECOWAS model mining and minerals Act on Wednesday in Accra.Get Price
Minerals Commission – Ministry of Lands and Natural Resources
The Minerals Commission as the main promotional and regulatory body for the minerals sector in Ghana is responsible for “the regulation and management of the utilization of the mineral resources of Ghana and the coordination and implementation of policies relating to mining. It also ensures compliance with Ghana’s Mining and Mineral Laws ...Get Price
'Amended mining Act proffers stiffer punishment for ...
Aug 20, 2019· Read also: President AkufoAddo signs illegal mining law “Offences and Penalties” of the ACT. 99. (1) A person who buys or sells minerals without (a). a license in accordance with section 6 ...Get Price
Ghana Minerals and Mining Act 2006 (Act No. 703 of 2006).
Revises and consolidates the law on mines and minerals. Provides that all mineral resources are the property of the nation of Ghana. Regulates licencing and exploitation of mineral resources. Repeals the following laws: Minerals and Mining Law 1986 (PNDCL 153) Minerals and Mining (Amendment) Act 1994 (Act 475) Administration of Lands ...Get Price
Mining 2020 | Laws and Regulations | Ghana | ICLG
What regulates mining law? The Minerals and Mining Act, 2006 (Act 703) (as amended by the Minerals and Mining (Amendment) Act, 2015 (Act 900) and the Minerals Commission Act, 1993 (Act 450) are the principal enactments setting out the framework of mining law.Get Price
Minerals and Mining Act, 1986 ( 153).
Mineral riches present in the territory, EEZ and Continental Shelf of Ghana are vested in the President (sect. 1). Section 2 allows for compulsory acquisition of land for development of mineral resources. Section 4 secures a right of the Government of preemption. A Chief Inspector of Mines shall be appointed under section 9. Functions of this officer are outlined in section 10.Get Price
Review The Minerals and Mining Act To The Advantage Of Ghana
Tongo(U/E) , Feb 7,? GNA ?? Some Civil Society Organizations have called on government to as a matter of urgency review? the Minerals and Mining Act because the Act …Get Price
Minerals and Mining (Support Services) Regulations, 2012 ...
Private Partnerships Act, 1962 (Act 152) or registration under the Registration of Business Names Act, 1962 (Act 151); "Mining List" means the catalogue of mining machinery, equipment and consumables agreed upon by the Minerals Commission, Ghana Revenue Authority, Value Added Tax Service and the GhanaGet Price
Minerals and Mining Act Natural Resource Governance ...
OF THE PARLIAMENT OF THE RPUBLIC OF GHANA ENTITLED 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.Get Price
MINERALS COMMISSION Ghana
The Minerals Commission is a government agency established under Article 269 of the 1992 Constitution and the Minerals Commission Act. The Minerals Commission as the main promotional and regulatory body for the minerals sector in Ghana, is responsible for "the regulation and management of the utilization of the mineral resources of Ghana and the coordination and implementation of …Get Price
Ghana: The Timely Introduction of the New Minerals and ...
An amended Minerals and Mining Act which seeks to, among other things, prescribe stiffer punishment for illegal mining in the country has been assented to by President Nana Addo Dankwa AkufoAddo.Get Price
Amended mining Act proffers stiffer punishment for illegal ...
The Act has amended the Minerals and Mining Act, 2006 (Act 703), and has increased the penalties for a person who buys or sells minerals without a licence or without a valid authority.Get Price
President assents to amended Mining and Mineral law ...
The Minerals and Mining (Amendment) Act, 2015 (Act 900) and the Minerals Commission Act, 1993 (Act 450) are the main enactments setting out the guidelines for mining in Ghana. The chairman of the Council of State, Nana Otuo Siriboe on his part, commended the President for the hard work done to host the AfCFTA Secretariat in Ghana.Get Price
Minerals And Mining (General) Regulations, 2012 ( 2173)
Minerals and Mining Act, 2006 (Act 703), these Regulations are made this day 20th of March, 2012. ... with Ghanaian content which shall be procured in Ghana by the holder of a mineral right, a licence to export or deal in minerals or a person registered to provide mine support services.Get Price
Minerals And Mining (Health, Safety and Technical ...
Minerals And Mining (Health, Safety and Technical) Regulations, 2012 ( 2182) ARRANGEMENT OF REGULATIONS Regulations General Administration 1. Powers and functions of the Inspectorate Division 2. Powers of inspectors 3. Powers of Chief Inspector of Mines to prepare guidelines 4.Get Price
OF THE PARLIAMENT OF THE REPUBLIC OF GHANA ENTITLED MINERALS AND MINING (AMENDMENT) ACT, 2015 AN ACT to amend the Minerals and Mining Act, 2006 (Act 703) to provide for Regulations to be made to prescribe the manner for the payment of royalties; the confiscation of equipment used in illegal small scale mining and for related matters.Get Price
On Point PwC
operations in Ghana are guided by the Minerals and Mining Act,) (“MMA”). In accordance with Section 110 of the MMA, a legislative been introduced by the Minister responsible for Mines on him under the MMA. [ Minerals and Mining (General) Regulation 20 March 2012 and is aimed at providing clearer interpretations of MMA.Get Price