Mining Of Gold In Ghana Overview

• INTRODUCTION

Ghana has overtaken South Africa to become the largest gold producer and exporter in Africa. Gold is a major export commodity for Ghana and contributes significantly to Ghana's revenue. This precious metal contributes nearly 48% of the country's revenue.

• RELEVANT LEGISLATIONS

The exploration of gold reserves in Ghana is governed by a number of laws within her jurisdiction which includes the following;

1. The 1992 Constitution of the Republic of Ghana
2. The Minerals and Mining Act, 2006 (Act 703) (as amended by the Minerals and Mining (Amendment) Act, 2015 (Act 900).
3. Minerals Commission Act, 1993 (Act 450).
4. Minerals and Mining (General) Regulations, 2012 (L.I 2173)