The mining sector has therefore been an important part of our economy, with gold accounting for over 90% of the sector. Ghana is the second largest gold producer in Africa and the 9th largest producer in the world. The sector directly contributed 38.3% of Ghana’s total corporate tax earnings, 27.6% of government revenue and 6% GDP in 2011.
The Minerals Commission — organised in 1984 — is the Ghana government agency with “overall responsibility for recommending mineral policy, advising government on mineral matters, reviewing mining sector activity, and promoting development.” Minerals Commission et al., 1989 .
The historical importance of mining in the economic development of Ghana is considerable and well documented, with the country’s colonial name -- Gold Coast --reflecting the importance of the mining sector. Gold dominates the mining sector and 1 THE WORLD BANK. 1992, Strategy for African Mining. World Bank Technical Paper No.181, African
Ghana - Economic and Social Development Ghana Table of Contents. The years of British administration of the Gold Coast during the twentieth century were an era of significant progress in social economic and edu ional development. Communi ions were greatly improved. importance of mining to the economic development of nigeria
Mining: Partnerships for Development Mining in Ghana – What future can we expect? 3 The history of mining and its economic significance to the people of Ghana stretches over a century. However, the narrative and literature on the mining sector’s contribution to economic progress have often been woven around descriptive and spot data.
for mining companies and communities Wood, 1999 . The historical importance of mining in the economic development of Ghana is considerable and well documented, with the country‟s colonial name Gold Coast, reflecting the importance of the mining sector, particularly, the gold trade to the country Agbesinyale 2003; Akabzaa 2000 .
The historical importance of mining in the economic development of Ghana is considerable and well documented with the country‟s colonial name Gold Coast reflecting the importance of the mining sector particularly the gold trade to the country Agbesinyale 2003 Akabzaa 2000 .
1. Ghana has a long history of mineral endowment, which led in colonial times to the country being known as the Gold Coast. Despite being Africa’s second-largest gold producer, modern-day Ghana has experienced disappointing results in translating this mineral wealth into broad economic development. The net impact of Ghana’s mining sector on its