• About
  • Advertise
  • Privacy Policy
  • Contact
Sunday, May 10, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in Extractives/Energy

Local Mining Contractors Accuses Minerals Commission of Outrageous Charges And Collapsing Their Businesses

M.Cby M.C
July 7, 2020
Reading Time: 3 mins read
gold mine migori

More than 200 members of the Association of Local Mining Contractors of Ghana have accused the Minerals Commission of working against Government’s drive to clean up Ghana’s mining sector and collapsing local businesses.

The displeased members are also countering against the new fees introduced by the Minerals Commission, which is charged for obtaining renewable operational permits.

According to the Association, its members usually go through difficulty when acquiring an operational permit to work in mining companies because they are made to pay huge sums before the permit is given to them.

ADVERTISEMENT

The leadership of the Association explained that its members are now made to pay an additional $10,000 aside from the fee of GHS 5,000 to acquire a permit to be able to work with mining companies in Ghana.

In 2019, aggrieved Local Contractors working for Newmont Goldcorp formally Newmont Ghana Gold Limited, wrote to the Ministry of Lands and Natural Resources to get the Minerals Commission to maintain previous rates charged by Contractors providing services for Newmont Goldcorp.

The contractors in the petition explained that Local Companies were charged an amount of GHS 10,000 per annum and the Sole Proprietors were charged GHS 5,000 for the acquisition of the Minerals Commission permit to enable them to render services to the Mining Companies.

The Contractors stated that the charges were astronomically increased and Local Companies were expected to pay more than GHS 50,000, while the Sole Proprietor was also expected to pay GHS 25,000 which it said was more than 500% increment before they could acquire the permit.

The group in its petition described as illogical, a decision by the Commission to charge contractors in US dollars when they are paid in Ghana Cedis when they render services to mining companies in Ghana.

The parent Association addressing a news conference in Kumasi maintained that the Minerals Commission is out to collapse local businesses in Ghana.

Vice-Chairman of the Association, Romeo Wilson, called for an independent committee to be established to investigate activities of the Commission saying he feels the Minerals Commission is working against the Government by collapsing local businesses.

He said that If at the end of the day, the Government is trying to stop Illegal Mining in the mining areas, then it is rife. He further went on to say that, the Government is still fighting the issue of Illegal Mining and if Government is taking such steps and the Minerals Commission is also demanding such amounts from them then they are being indirectly told go out of business for the illegal mining to run.

“At least when we started our businesses, we have pulled a lot of these potential Galamseyers and now they earn decent monies to take care of their families and their needs. And if we are doing this to help the Government to bridge the unemployment gap and you, on the other hand, you are also working to collapse our business, then what are you doing? You are killing our businesses,” he fumed

The Association has demanded the government to urgently investigate the Minerals Commission and review the rates charged local contractors in the acquisition of mining permits.

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: Galamseyminerals commissionmining
Share35Tweet4Share1SendSend
Please login to join discussion
Previous Post

Gov’t Works On Securing Food And Nutrition During COVID-19

Next Post

Surgical unit at Korle-Bu suspends urgent cases as 91 staff test positive.

Related Posts

GRIDCo Staff
Extractives/Energy

GRIDCo Appoints New CEO as Investigations Into Akosombo Fire Continue

May 9, 2026
Mining site
Extractives/Energy

Obuasi Mine Production Hits 62,000 Ounces in Q1 Amidst Strong Operational Activity

May 9, 2026
Hon. John Jinapor at Akosombo Substation
Extractives/Energy

Energy Minister Announces New Command Center to Tackle Power Challenges

May 8, 2026
Hon. Dr. John Abdulai Jinapor
Extractives/Energy

Kumasi to Receive 1,000MW Energy Injection to Strengthen Energy Sector – Energy Minister

May 8, 2026

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Recent News

Shatta Wale,
Ghanaian musical artist

Shatta Wale Makes Triumphant TGMA Return Through Viral Hit “Shoulder”

May 10, 2026
TGMA Logo

TGMA 2026: A Night of Stellar Wins and Ghanaian Musical Brilliance

May 10, 2026
Black Sherif at the 27th TGMA

Black Sherif Reclaims TGMA Artiste of the Year Crown

May 10, 2026
Alhaji Haruna Mohammed, the Deputy General Secretary of NPP

NPP Finalises Structures Ahead Of Internal Electoral Exercise

May 10, 2026
President John Dramani Mahama

Mahama Unveils $3bn Housing Fund for Public Sector Workers

May 10, 2026
Next Post
doctors

Surgical unit at Korle-Bu suspends urgent cases as 91 staff test positive.

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address