{"id":749135,"date":"2019-11-21T14:32:31","date_gmt":"2019-11-21T14:32:31","guid":{"rendered":"https:\/\/ghana-mma.com\/2019\/11\/21\/govt-implements-mining-scheme\/"},"modified":"2019-11-21T14:32:31","modified_gmt":"2019-11-21T14:32:31","slug":"govt-implements-mining-scheme","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2019\/11\/21\/govt-implements-mining-scheme\/","title":{"rendered":"Govt Implements Mining Scheme &#8211;"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Benito Bio (left) presenting the cheque to the LMC<\/p>\n<p>The Deputy Minister of Lands and Natural Resources, Benito Owusu Bio,<br \/>\nhas indicated that it is time for mining communities in the country to see the<br \/>\nworth of the minerals exploited from their soil.<\/p>\n<p>\u201cThe distressed state of communities in which mining companies<br \/>\noperate is nothing short of a disgrace so we must work to change that<br \/>\nsituation,\u201d he said.<\/p>\n<p>The deputy minister stated this during the inauguration of a<br \/>\nseven-member Local Management Committee (LMC) in Tarkwa in the Western Region.<\/p>\n<p>The committee will implement government\u2019s Mining Development Scheme<br \/>\nunder the Minerals Development Fund and also facilitate the socio-economic<br \/>\ndevelopment of communities where mining activities are undertaken.<\/p>\n<p>The committee would be required to produce a development plan in<br \/>\nconsonance with the National Medium Development Plans for implementation.<\/p>\n<p>\u201cGovernment after government has made strides to establish laws and<br \/>\npolicies to govern the use of mineral royalties in the country,\u201d he said,<br \/>\nadding \u201cpreviously, all mining royalties were lodged and managed through the<br \/>\nConsolidated Fund.\u201d<\/p>\n<p>He said \u201cin order to promote the direct development of mining<br \/>\ncommunities in the country, the government in 2016 passed the Minerals Development<br \/>\nFund Act, (Act 912).\u201d<\/p>\n<p>He mentioned that the main objective of the Act was to provide<br \/>\nfinancial resources for the direct benefit of mining communities and holders of<br \/>\ninterest in land within mining communities, among others.<\/p>\n<p>The committee, according to the minister, would be resourced through<br \/>\nthe 20 per cent mineral royalties distribution under section 21 (3b) of the<br \/>\nMineral Development Fund Act and donation from mining companies and other<br \/>\nrelated businesses.<\/p>\n<p>The deputy minister later presented a cheque of GH\u00a21 million to the<br \/>\ncommittee to be used as seed money for their activities.<\/p>\n<p>The Board Chairperson of the MDF, Esther Edjeani, entreated the<br \/>\ncommittee members to be transparent when engaging the communities at all<br \/>\nlevels.<\/p>\n<p>She also called on the committee members to try to understand the<br \/>\nplights of the communities, prioritize their requests and apply the funds<br \/>\nefficiently.<\/p>\n<p>The Vice-Chancellor of the University of Mines and Technology<br \/>\n(UMaT), Prof. Jerry Kumah, pointed out that UMaT was ready to offer the needed<br \/>\nassistance to the LMC to ensure it operated effectively.<\/p>\n<p><strong>From Emmanuel Opoku, Tarkwa<\/strong><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Benito Bio (left) presenting the cheque to the LMC The Deputy Minister of Lands and Natural Resources, Benito Owusu Bio, has indicated that it is time for mining communities in the country to see the worth of the minerals exploited from their soil. \u201cThe distressed state of communities in which mining companies operate is nothing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":749136,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-749135","post","type-post","status-publish","format-standard","has-post-thumbnail","category-politics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - 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