<\/p>\n
Baffour Asare Yamoah<\/em><\/strong><\/p>\n COORDINATOR OF the Chamber of Small-Scale Mining Industry in Ghana (COSSMIG), Baffour Asare Yamoah, has called for the development of special codes for various minerals exported out of the country to help Government account for all minerals exploited from all parts of the country.<\/p>\n According to him, this presents an alternative means of revenue generation that will complement the E-Levy which is still before Parliament for the country\u2019s development.<\/p>\n He said Ghana loses lots of revenue from minerals due to unaccounted mineral exports from the various districts and regions.<\/p>\n Speaking in an interview \u00a0in Accra, he indicated that, though \u00a0the E-Levy if implemented would support the economy, other\u00a0\u00a0 revenue generating activities\u00a0\u00a0 in the mining sector which are left untapped, could be considered owing to the huge sums of money that go unaccounted for.<\/p>\n He stated \u201cAll the minerals exported should have specialised codes, government should know where each mineral is mined from especially at the districts level.\u00a0 And Government should be able to account for every Cedi generated for development purposes to avoid a situation where mining proceeds goes to individuals.\u201d<\/p>\n He also indicated that\u00a0 though every mining activity was supposed to \u00a0generate some revenue\u00a0 to the state, \u00a0Ghana has not \u00a0received\u00a0 any substantial\u00a0 benefit from such mining areas as a result of\u00a0 mining by\u00a0 individuals.<\/p>\n He therefore proposed cooperative mining as one of the immediate measures to raise additional stream of revenue for the state and an opportunity to attract both local and foreign investors into small scale mining.<\/p>\n He further proposed that mining vehicles such as excavators could have special stickers for them to pay a fee to government through the various district assemblies to augment their internally generated fund for local development.<\/p>\n \u201cCooperative mining will create employment for the indigenes in the communities, create a sense of belongingness, make them accountable to each other, and more importantly, help generate money for the state. Reclamation of the land will not be a difficult thing for them to do\u201d he emphasised.<\/p>\n Mr. Yamoah said that for such measures to be achieved, graduates with environmental backgrounds and technically inclined could be employed to do proper prospecting to adopt best practices \u201cin order to use these lands for farming purposes after using them for mining.\u201d<\/p>\n COSSMIG as a chamber is mandated by law to regulate the activities of all forms of mining such as salt winning and mineral ore, among others.<\/p>\n BY Ebenezer K. Amponsah<\/strong><\/p>\n \u00a0<\/p>\n \n\t<\/div>\n","protected":false},"excerpt":{"rendered":" Baffour Asare Yamoah COORDINATOR OF the Chamber of Small-Scale Mining Industry in Ghana (COSSMIG), Baffour Asare Yamoah, has called for the development of special codes for various minerals exported out of the country to help Government account for all minerals exploited from all parts of the country. According to him, this presents an alternative means […]<\/p>\n","protected":false},"author":1,"featured_media":1024463,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[6283,3984,445,4323,2023,1432],"class_list":["post-1024462","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-codes","tag-develop","tag-increase","tag-mineral","tag-revenue","tag-special"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1024462","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1024462"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1024462\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1024462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1024462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1024462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}