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This paper aims to explore the motivations and challenges of engaging host communities in CSR practices within the context of Newmont Ahafo Mines (NAM), a subsidiary of a Multinational Mining Enterprise (MNE) operating in Ghana's mining sector. This paper draws insights from stakeholder theory and interviews conducted with …
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Discourses on "illegal" or informal small‐scale mining (galamsey) have presented it largely as a menace. Using Ghana as the focus of our study, we present a counter‐narrative to the ...
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Following a period of general economic decline, Ghana's mining industry recovered on the back of market-based adjustment policies recommended by the International Monetary …
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Internal Use 5 | P a g e ©MINING SECTOR REPORT 2022. PREPARED BY STRATEGY AND RESEARCH DEPARTMENT Fig 1: SSA - Gold Mine Production, Moz (2019-2026)
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According to a Mongabay analysis of data from Ghana's Mineral Commission, 200 active mining licenses already overlap with forest reserves in Ghana, three …
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This paper investigates barriers to low-carbon emission policy implementation among mining companies in Ghana. We adopted 5-point Likert scale statement questions. ... In another words, challenges large-scale gold mining companies face differ partly because there is a large disconnect between responsible government …
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The headline challenges include elevated inflationary expectations resulting from the accommodative monetary policy stance in the COVID-19 era and high debt levels.
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Mining is a key component of Ghana's national economy; the country is Africa's largest gold producer. The Covid-19 pandemic highlighted the mineral's prominent role, as gold is seen as a safe investment during uncertain times. While the mining sector faces challenges in terms of modernising practices, diversification efforts are forging ahead.
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Africa's top gold producer Ghana will commission its first large-scale greenfield mine in more than a decade in November, with expected annual production of more than 350,000 ounces, the head of ...
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There are more than 20 big mining companies operating in Ghana from Canada to Australia. The country is also endowed with many more under-exploited deposits of iron ore, limestone, columbite-tantalite, …
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Illegal small-scale mining in Ghana has been a major contributor to deforestation, polluting the water, air, and soil, and devastating farmlands. It has also contributed to serious health challenges and an increased number of school dropouts in mining communities, posing challenges to sustainable development.
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Ghana presents a number of opportunities in the mining sector, especially in the gold industry. It is the second largest gold producer in Africa, after South Africa and 10th largest globally.
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5. Asanko Gold Mine. Mineral type: Gold Mine location: Amansie West Website: Asanko is one of the gold mining companies in Ghana. Three partners own the firm. Galiano and Gold Fields have a 45% stake each, while the government holds the remaining 10%.
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SSM of gold in Ghana is a pre historic activity which can be traced to the 5th Century Discouraged in the colonial era, till 1989 This led to Secret Activities and Smuggling of Proceeds outside the country In 1989 –SSM Activities were mainstreamed through promulgation of the Small Scale Gold Mining Law, PNDCL 218 (1989) In 2006, SSM …
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Mining is a key component both of Ghana's national economy and the global extraction industry. The country overtook South Africa as the continent's largest gold producer in 2018 and has held the title since. The Covid-19 pandemic highlighted the mineral's prominent role, as gold is seen as a safe investment during uncertain times. Although hampered
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The study revealed that the mining industry in Ghana is confronted with supply chain issues like poor road networks in mining communities, variable lead time and exchange rate, strict governmental ...
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The study estimated that women occupied only 8% of all board seats in the top 100 mining companies, with only four executive directors in this group. While, in the top 101–500 mining companies, the number of women is less than 4%. Estimates by Mining (2018) are similar, where only 8% were women.
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The challenge for mining companies is to build a flexible business that can deal with fluctuations from unstable prices, uncertain demands, and the threat of product substitution. The worldwide …
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Mining-induced displacement and resettlement is an important development issue because it significantly influences the livelihoods and sustainability of mining communities. This study seeks to assess the effects of mining-induced displacement and resettlement on the livelihoods of s in selected mining communities in …
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In this, the 16th edition of Tracking the trends, a team of professionals from around the world provides insights and examples, as well as practical ideas to help …
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burdened with the challenge of having to both regularize what has for decades been treated as an informal industry, and facilitate environmental ... 60 Environmental impact of small-scale gold mining in Ghana Table 1 Gold mine production increases in selected developing countries Country 1986 production (t) 1998 production (t) Approximate ...
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Commercial production at Ahafo began in 2006. Ahafo has two primary ore zones: Ahafo South and Ahafo North. Mining is currently underway at Ahafo South. ... Location: 307 kilometers northwest of Accra, Ghana Mine Type : Surface ... Ahafo's leaders regularly interact with employees about the company's safety values, challenges and successes ...
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In its 20th edition, PwC's 2023 Mine: The era of reinvention, an annual review of the Top 40 mining companies globally, examined trends in the mining industry. In this report, PwC found market capitalisation of the Top 40 miners tripled from US$400bn in 2003 to US$1.2trn in 2022.
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Nonetheless, AMS implementation is known to cause social challenges such as job losses. These systems are expected to eventually be introduced into the Ghanaian mining industry. ... According to ICMM (2015), the major mining companies in Ghana employ a total of 6000 to 8000 workers directly. This implies that averagely, each …
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We must challenge these stereotypes in mining and break the barriers that prevent women from exploring and succeeding in what has for so long been identified as a male-dominated sector.
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The mining sector in Ghana involves the participation of both local and international mining companies. The country has attracted significant foreign investment in mining due to its rich mineral ...
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Ghana, the contribution of the mining sector to the GDP of Ghana is insignificant (Ayelazuno, 2011). According to the Economist, gold accounted for 40% of Ghana's exports in 2008, with a value of $2.2 billion, but the Ghanaian government only received $116 in lax taxes and royalties from the mining companies.
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This paper engages the open governance framework to assess whether and how Ghana's Right to Information Law, 2019 (Act 989) contributes to accountability in petroleum revenue management.
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The Chamber was composed of directors of the mining companies ... The objectives of the Chamber taking into consideration the strategic challenges for achieving its vision are to: Promote and protect the interests of the Mining Industry ... 2.1: MINING IN GHANA
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Introduction. Mineral resources have become fundamental for economic development throughout the world. In several low- and middle-income countries that are rich in non-fuel mineral resources, mining contributes to national economic development (Addison and Roe, 2018; Ericsson and Löf, 2019).Studies have reported that 10 of the …
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