Will be interesting to see how this progresses. In South Africa we were hit with a slowdown in investments in mining when we tried to shift for a higher local ownership. One wonders if you should rather not let the ownership ride, so the investment happens, and more locals get employed and taxes get paid…
There is probably no “best” answer as the economics needs to balance out between supply and demand.
@danie10 @overflow64 Indeed.
They say “small scale miners” but as far asa I can tell, Ghanians have been mining gold for thousands of years (Akan et al). Is there a change in ownership model at the small scale level (shifting to community owned mining versus individual-owned ones?)> For his part, the Chief Executive Officer of the Minerals Commission, Martin Ayisi, said the Commission had spent $10 million to procure initial 100 mercury-free gold extraction machines for small-scale miners.
Yes, and I suppose there is the difference… ours is mostly large scale mining operations…
Does the minister means selling more cheap Ghanaian labour to large Canadian mining factories when he says “giving Ghanaians greater space in mining”? Because if he does, it won’t change much.
@felipeforte @overflow64 my worry too when “small-scale” is used to launder mining exploitation.