Act 703 THE SEVEN HUNDRED AND THIRD ACT 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:
(1) Despite a right or title which a person may have to land in, upon or under which minerals are situated, a person shall not conduct activities on or over land in Ghana for the search,reconnaissance, prospecting, exploration or mining for a mineral unless the person has been granted a mineral right in accordance with this Act.
Ghana Document type Legislation Date 2006 Source FAO, FAOLEX Long title An Act to revise and consolidate the law relating to minerals and mining and to provide for connected purposes. Subject Land & soil, Mineral resources Keyword Pollution control Expropriation Basic legislation Mining Exploration Minerals EIA Authorization/permit Geographical
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
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.
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.
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.
Jun 26, 2019· 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, rivers, streams, water-courses throughout the country, the exclusive economic zone or any area covered by the territorial sea or continental shelf is the property of the Republic of Ghana and is vested in
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
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 pre-emption. A Chief Inspector of Mines shall be appointed under section 9. Functions of this officer are outlined in section 10.
A reading of section 59 of Act 703 alone suggests that registration with the Minerals Commission as a support service provider is not mandatory. However, registration is required to obtain certain concessions that are spelt out in the Minerals and Mining (Support Services) Regulations, 2012 (L.I. 2174).
The Chamber also provides information on Ghana's mining laws to the public negotiates with the mine labor unions on behalf of its member companies. The overall legislative framework for the mining sector in Ghana is provided by the Minerals and Mining Act of 2006 (Act 703).
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 and
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.
Nov 28, 2019· Ghana’s mining sector is set to undergo a major change in its regulatory framework as the Minerals Commission has initiated and proposed some key changes to the current Minerals and Mining Act, 2006 (Act 703). The Commission has proposed amendments to the current Act, which has been in operation for 13 years, key of which
of the Minerals and Mining Act, 2006 (Act 703), these Regulations are made this 20th day of March, 2012. Regulation 1—Registration (1) A person may on an application to the Minerals Commission be registered to provide support services in accordance with these Regulations to a holder of a mineral
Ghana Mining 3 Millennium Promise. Minerals and mining general regulations 2012 li 2173 regulations or regs contains the details for provisions in the act dealing with local content international law synopsis ghana mining sector minerals and mining act 2006 act 703 act
The Legislative Framework for mining in Ghana is currently laid down in the Minerals and Mining Act, 2006 (Act 703). Within this Legal Framework, the state is the owner of all minerals occurring in their natural state within Ghana's land and sea territory, including its exclusive economic zone.
3. THE MINING ACT, 2003. An Act to repeal and replace the Mining Act, Cap. 148, with a new legislation on mining and mineral development which conforms, and otherwise gives effect, to the relevant provisions of the Constitution; to vest the ownership and control of all minerals in
Jun 26, 2017· Since then, the concept of state ownership of minerals has been continued in the Constitution of Ghana, 1992 and the Minerals and Mining Act, 2006 (Act 703). Under the current mining law, i.e. Act 703, various regulations have been passed to facilitate the regulation of mining in the country, including the Minerals and Mining (Licensing
MINERALS AND MINING (COMPENSATION AND RESETTLEMENT) REGULATIONS, 2012 IN exercise of the powers conferred on the Minister responsible for Mines under section 110(1) of the Minerals and Mining Act 2006 (Act 703), these Regulations are made this 20th day of March, 2012.