· A license for small-scale mining is, however, granted only to a citizen of the Republic of Ghana who has attained the age of 18 years and is registered by the office of the Minerals Commission in an area designated and known as the District Office. No foreigner under any circumstances is allowed to participate in the small-scale mining …

 · Ghana‟s mining sect or contr ibutes approximately 40% of G ross Foreign Exchange (GFE) earnings and accounts for approximately 5.2% of GDP (Ghana Minerals Comm ission, 2006). In 2000, minerals ...

 · Ghana's mining sector pre-dates the colonial era. Historically, Ghana was known as the Gold Coast. Ghana is Africa's largest gold producer; it overtook South Africa in 2019 with 4.8 million ounces in output. Gold is the most commercially exploited mineral in Ghana, accounting for about 95% of the country's mineral revenue. Other ...

 · Redundant mine workers are expected to receive what can be termed as a life-changing severance package averaging between US$75, 000 and US$120,000 in cedi equivalent.

 · In the end 3,700 workers were made redundant, leaving only 600 workers who assisted in the restructuring process. The restructuring was necessitated by the need to extend the life span of the mine to an additional 17 years with the goal of relying heavily on machinery instead of human labour.

 · 1.1 What regulates mining law? The key legislation regulating mining in Ghana is the 1992 Constitution of Ghana, the Minerals and Mining Act, 2006 (Act 703) as amended by the Minerals and Mining …

 · In the end 3,700 workers were made redundant, leaving only 600 workers who assisted in the restructuring process. The restructuring was necessitated by the need to extend the life span of the...

 · The compensation package worked out for a redundant worker is three months times the number of years worked. For instance, if one worked in a mining company for 10 years and depending on the monthly earnings, he or she could earn as much as US$120,000 or an average of US$75,000.

 · The contribution of gold to the economy of Ghana has been remarkable even though Ghana produces diamond, manganese and bauxite. In 2015, earnings from gold accounted for 96.68% of the total earnings from exported minerals. Diamond, bauxite and manganese racked up 0.31%, 1.24% and 1.95% respectively. Ghana's mining sector has …

 · Gold accounts for approximately 97 per cent of all mineral receipts. According to the Minerals Commission, total gold output in Ghana increased to 3.79 million ounces in 2016, compared with 3.6 ...

 · The three types of rights applicable are: a) a mining lease; b) a restricted mining lease; and c) a small-scale mining licence. A mining lease is granted for an initial period of 30 years and may be renewed before …

 · Mining industry in Ghana - statistics & facts. Ghana was the sixth largest producer of manganese in the world as of 2020. The production volume of the metal …

 · As you will see clearly from the relevant sections above, until and unless there is a severance of legal relationship of a worker and …

redundancy occurs when an undertaking is closed down or there is amalgamation which causes severance of the legal relationship of a worker and employer as it existed immediately before the close down, arrangement or amalgamation, and as a result of and in addition to the severance that worker becomes unemployed or suffers any diminution in …

 · Large commercial companies mine the majority of it using heavy machinery. But about 35 percent is extracted through small-scale mines, many of which operate informally or without a valid license. This unregulated small-scale and artisanal gold mining is known locally as galamsey, a slang word derived from the Ghanaian words "gather" and "sell."

 · Within the past few decades, Ghana's mining sector specifically the small scale mining subsector has been marred by controversies mainly due to its threat to sustainable development.