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    The following procedures shall govern the exportation of gold by Licensed Gold Exporters (LGE) other than the holders of mining leases. These measures shall be in force until substituted by other ...

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    In his 2012 annual budget to parliament, Ghana's Finance Minister, Dr. Kwabena Duffuor introduced higher taxes aimed at extracting more financial benefits from the gold mining sector.

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  • SMALL SCALE GOLD MINING IN GHANA: PROVIDING .

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  • Mining Law 2019 | Laws and Regulations | Ghana | ICLG

    An application by a person other than a holder of a mining lease to purchase and export, sell or dispose of gold or other precious minerals requires the applicant to satisfy the Minister that the minerals will be refined or polished in Ghana or that only refined or polished minerals will be purchased for export, or that a percentage of the minerals will be supplied to local users. In practice ...

    History of Gold Mining in Ghana

    The Precambrian auriferous Tarkwa conglomerates of Ghana were developed in a modern way during the period 1876-1882 by Pierre Bonnat, the father of modern gold mining in the Gold Coast. In 1895, Ashanti Goldfields Corporation began work in the Obuasi district of Ghana, developing the Ashanti and other mines, which have produced the largest proportion of gold since 1900 in the countries of the .

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    Ghana is Africa's second-biggest gold producer, after South Africa, yet only 16 percent of Ghana's tax revenues come from gold mining, according to the Ghanaian government's Minerals Commission, which oversees the industry.

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  • Importance of Mining to the Economy of Ghana

    1.3 Foreign Exchange and Government Revenue Generation from Gold Mining in Ghana. While in gross terms, mining is the leading foreign exchange earner; its net foreign exchange contribution to the national economy has been minimal.

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