GCoM LOCAL CONTENT IN THE MINING INDUSTRY
Furthermore, whilst Local Content seems to be a recent fad, the policy has reflected in Ghana’s mining legislation, since the Minerals and Mining Law PNDC Law 153 of 1986. The Law required that mining companies procured inputs from Ghana to the maximum extent possible consistent with the economy, efficiently and safely.
Mining companies reach 73% local content - …
12-2-2020 · The Mining industry procured 73 per cent of their imputs from local supplies as part of a deliberate effort to enhance the local content regulations in the country.
Local Content | Ghana MIning Industry
The main focus of developing a Local Content framework for Ghana’s mining industry is to create local employment and to promote growth of domestic manufacturing. These two aspects, (Human Resource and Goods & Services) of Ghana’s local content framework are supported by the Minerals and Mining Act, 2006 (Act 703) and L.I. 2173, 2012.
Mining companies turn to local content | The …
Although there is no legislation to enforce the use of locally sourced inputs by Ghana’s mining industry, the mining companies themselves are leading efforts to increase local content to the benefit of local enterprise and the wider economy.
Local Content Policies in Minerals-exporting countries ...
different objectives of local content policies, the place and history of the mining sector, and the overall level of development. The policies reviewed here provided the backdrop to the classification of local content measures outlined in the companion stone Local Content Policies in …
Ghana Chamber of Mines : Mining companies turn …
Although there is no legislation to enforce the use of locally sourced inputs by Ghanas mining industry, the mining companies themselves are leading efforts to increase local content to the benefit of local enterprise and the wider economy.
Ghana launches programme to link mining sector …
Strengthening the mining sector’s contribution to local and national development is the theme of a 1-2 November 2017 meeting in Accra. With annual mining procurement exceeding $1 billion, the meeting will see the launch of an innovative National Suppliers’ Development Programme (NSPD) that aims to secure a greater share of this market for Ghanaian firms.
Mining 2020 | Laws and Regulations | Ghana | ICLG
Local content. Increasingly, mining companies are developing policies aimed at complying with local content regulations. To this end, a major mining company, Anglo Gold Ashanti, has expressed an intention to increase recruitment from its local area of operations, Obuasi, on the resumption of full-scale operations at its Obuasi mine.
Mining firms undermining local content rules — …
Speaking on how cheap imports, lax regulations and trade malpractices were undermining the growth of local industries, Mr Oteng-Gyasi said the disregard for the local content regulation was rampant in the mining sector, where the firms were largely allowed to import their …
Local content in the oil, gas and mining sectors ...
Local content in the oil, gas and mining sectors: Enhancing the benefits at the subnational level Policy framework prepared for Revenue Watch Institute October 2012 DRAFT: NOT FOR CITATION OR QUOTATION Ana Maria Esteves ... Appendix E. Summary of Ghana stakeholder interviews ...
Local Content Policies in the Oil, Gas, and Mining …
Why is local content important to the World Bank’s mission of ... Supply Chain Manager, Newmont Ahafo Ghana. o Dinah Azare, Local Content Manager, Tullow Oil. o Simbi Wabote, Shell ... A recent survey on skills shortage in the oil and gas and mining industry suggests that the most effective solution to close the skills gap involves the ...
Mining and Sustainable Development: The Case of Ghana
Mining and Local Content The Chamber of Mines and its members gave meaning to local content when they signed a memorandum of understanding with the Minerals Commission and IFC in 2011. The World Bank reckons that Ghana is “leading the way” in terms of local content strategy and development within the mining industry.
MINING & SUSTAINABLE DEVELOPMENT FORUM
Mining and Sustainable Development -26 Sept. 2013, Accra, Ghana. Implementation Framework . General Transitional Arrangements: ... •Need to optimize local content in the mining industry; integrating mining industry fully with the rest of the national economy. Conclusions and Way Forward .
Local Content Policies in the Mining Sector: Stimulating ...
force to meet the human capital requirements of the mining industry (Step 2). With labour supply and demand established, local content goals for employment in the mining sector can then be developed (Step 3), together with strategies to support these goals (Step 4). Finally, monitoring of local content
ACET calls for local content and value addition …
Ghana’s mining policy encourages both local and foreign participation in the mining industry, but the policy makes no provision for local private equity participation. Firms with mining leases are dominated by foreigners. The research also highlighted opportunities for value addition in four main resources, gold, manganese, bauxite and diamond.
Stakeholders in Ghana’s Mining Sector to …
16-3-2019 · Four institutions will meet on Thursday, March 14, to discuss ways to enhance the participation of local companies in the supply of inputs to the mining industry. The Ghana Chamber of …
Local Content Policies - Intergovernmental Forum - …
IGF’s Guidance for Governments: Local Content Policies is a step-by-step tool to support policy-makers in making decisions when designing local content policies. The aim is to help governments, companies and citizens collaborate to ensure mining provides governments inclusive, gender-equitable and sustainable socioeconomic development.
Local Content – Petroleum Commission Ghana
petroleum (local content and local participation regulations 2013, (l.i 2204) In November 2013, LI2204 was promulgated to inter alia promote maximisation of value-addition and stone creation through the use of local expertise, goods and services business, financing in the petroleum industry value chain and their retention in Ghana.