• About
  • Advertise
  • Privacy Policy
  • Contact
Monday, August 25, 2025
  • 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

There Should be Conscious Effort to Grow the Small-Scale Mining Industry- GNASSM

August 14, 2020
Stephen M.Cby Stephen M.C
in Extractives/Energy
0
Small-Scale Mining Industry Left Out of Government Stimulus Package

Mr. Godwin Armah, General Secretary of GNASSM

The General Secretary of the Ghana National Association of Small-Scale Miners, Mr. Godwin Armah says that there should be conscious efforts to grow the small-scale mining sector in Ghana.

In an interview with Mr. Armah, he made this statement whiles addressing the challenges of the sector and how the small-scale sector could be at power with the large-scale mining industry in Ghana.

He revealed that the small-scale sector produces 40 percent of total gold produced in the country, and so for the small scale to be empowered, government has to give them incentives like they give to the large scale-industry.

RelatedPosts

Lands Ministry Tackles Illegal Mining with Holistic Solutions 

GoldBod Trade Booms Amid Ethical Gold Export Surge

Lands Ministry Insists Fight Against Galamsey Under Control, Not Overwhelmed 

gold mine migori

Talking about how government can help boost the operations of the small-scale mining industry, whose operations are being impeded as a result of some expertise and technology they lack, Mr Armah said proper acquisition of geological data could be one of the ways.

“The best thing we need to do is to get a proper geological data, once you have a geological data in place then you have a bankable document, you can go in for investments; that’s the difference between the large and the small scale.

“There is serious investigation into the resource to know the reserves that you have in terms of quantity of gold. Based on that, you module your mining operations along what you will be getting, and then you will be able to get your projections in to that future… how much and the type of equipment you will need and even the characteristics of the ore and the technology to recover the mineral in-depth. So that is one area government also have to look at.”

 He added that government can help boost the sector’s operations by investing in equipment and also come up with a strategy like proper formalization to help mitigate the issue of illegalities adding that these are some of the things that government can put in place in terms of particulars in order to support the small-scale mining industry to be able to improve.

 “A sector that is employing over 2 million people is a sector that we need to focus much attention but those things are not being done.

“The process of formalization is very important because, if people don’t go through formalization properly, …sector and government is also not making lands available for the small-scale mining sector, then you will have a lot of illegalities.”

He advised said government to look at areas of complementary income making and also issue alternative license support for the small-scale miners.

He lamented on how small-scale miners are left out of decision making and then urged the government to involve the small-scale miners in decision making.

“Every decision that is being taken, the involvement of the small-scale miners makes it more solid and robust. Most often, small-scale miners in terms of decision making are not involved.”

He revealed that the association is working with international bodies to help build the capacity of the small-scale miners to make their operations more formalized.

Tags: Ghana Chamber of MinesGhana Minerals CommissionGhana National Association Of Small-Scale MinersGold minesMinistry of Lands and Natural Resourcessmall-scale mining
Please login to join discussion
Previous Post

Aflatoxin: GSA Sensitizes Agric Extension Officers In The Western Region

Next Post

Nigerian Traders pay taxes and have documentation to operate in the retail market – President of NUTAG

[mc4wp_form id="1264"]

Related Posts

Ghana Set to Revamp Mining Laws with Focus on Equity
Extractives/Energy

Lands Ministry Tackles Illegal Mining with Holistic Solutions 

August 25, 2025
Timely Coupon Settlements Key to Ghana’s Return to Global Capital Markets- Prof. Bokpin
Economy

Timely Coupon Settlements Key to Ghana’s Return to Global Capital Markets- Prof. Bokpin

August 25, 2025
Security has been heightened for the Akwatia by-election
General News

Police Seize Weapons Ahead Of Akwatia By-Election

August 25, 2025
Ghana’s Gold Reserves Rise to 34.40 Tonnes in July 
Extractives/Energy

GoldBod Trade Booms Amid Ethical Gold Export Surge

August 25, 2025
Dr. Rashid Tanko-Computer
General News

Tanko-Computer Doubts NPP’s Exit from Tamale Central Race

August 25, 2025
91-Day T-Bill Yield Jumps to 10.41%
Securities/Markets

91-Day T-Bill Yield Jumps to 10.41%

August 25, 2025
Ghana Set to Revamp Mining Laws with Focus on Equity
Extractives/Energy

Lands Ministry Tackles Illegal Mining with Holistic Solutions 

by Prince AgyapongAugust 25, 2025
Timely Coupon Settlements Key to Ghana’s Return to Global Capital Markets- Prof. Bokpin
Economy

Timely Coupon Settlements Key to Ghana’s Return to Global Capital Markets- Prof. Bokpin

by Stephen M.CAugust 25, 2025
Security has been heightened for the Akwatia by-election
General News

Police Seize Weapons Ahead Of Akwatia By-Election

by Lilian AhedorAugust 25, 2025
Ghana’s Gold Reserves Rise to 34.40 Tonnes in July 
Extractives/Energy

GoldBod Trade Booms Amid Ethical Gold Export Surge

by Prince AgyapongAugust 25, 2025
Dr. Rashid Tanko-Computer
General News

Tanko-Computer Doubts NPP’s Exit from Tamale Central Race

by Silas Kafui AssemAugust 25, 2025
91-Day T-Bill Yield Jumps to 10.41%
Securities/Markets

91-Day T-Bill Yield Jumps to 10.41%

by Stephen M.CAugust 25, 2025
Ghana Set to Revamp Mining Laws with Focus on Equity
Timely Coupon Settlements Key to Ghana’s Return to Global Capital Markets- Prof. Bokpin
Security has been heightened for the Akwatia by-election
Ghana’s Gold Reserves Rise to 34.40 Tonnes in July 
Dr. Rashid Tanko-Computer
91-Day T-Bill Yield Jumps to 10.41%
[/vc_row_inner]

Recent News

  • Lands Ministry Tackles Illegal Mining with Holistic Solutions 
  • Timely Coupon Settlements Key to Ghana’s Return to Global Capital Markets- Prof. Bokpin
  • Police Seize Weapons Ahead Of Akwatia By-Election
  • GoldBod Trade Booms Amid Ethical Gold Export Surge
  • Tanko-Computer Doubts NPP’s Exit from Tamale Central Race
The Vaultz News

Copyright © 2021 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 © 2021 The Vaultz News. All rights reserved.