Government plans to shorten mining licence durations and mandate direct revenue-sharing with local communities in its most sweeping mining law reforms in nearly two decades, details of which were announced by the Lands Minister on Wednesday.<\/p>\n
The planned overhaul reflects a broader trend across\u00a0West Africa<\/a>, where governments are rewriting mining\u00a0codes<\/a>\u00a0to capture more value from rising commodity prices.<\/p>\n Lands and Natural Resources Minister Emmanuel Armah Kofi Buah said the changes, which include scrapping automatic renewal of some licences, will apply only to future contracts, a departure from the stance in\u00a0Mali\u00a0and\u00a0Burkina Faso,\u00a0where military-led governments have applied reforms retroactively.<\/p>\n \u201cIn Ghana, we don’t do retrospective laws,\u201d Buah said at a presentation in the capital, Accra. \u201cExisting agreements are sanctified and will be respected.\u201d<\/p>\n He added that the overhaul of the Minerals and Mining Act and mining policy was 85% complete following extensive stakeholder consultations.<\/p>\n","protected":false},"excerpt":{"rendered":" Government plans to shorten mining licence durations and mandate direct revenue-sharing with local communities in its most sweeping mining law reforms in nearly two decades, details of which were announced by the Lands Minister on Wednesday. The planned overhaul reflects a broader trend across\u00a0West Africa, where governments are rewriting mining\u00a0codes\u00a0to capture more value from rising […]<\/p>\n","protected":false},"author":123457,"featured_media":11733,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[41,3507],"tags":[1385],"class_list":["post-11876","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-news","category-national","tag-lands-minister"],"_links":{"self":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/11876","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/users\/123457"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11876"}],"version-history":[{"count":1,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/11876\/revisions"}],"predecessor-version":[{"id":11877,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/11876\/revisions\/11877"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/media\/11733"}],"wp:attachment":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}