Prof. William K. Buah, a professor of Minerals Engineering at the University of Mines and Technology at Tarkwa, and currently the Dean of the School of Postgraduate Studies at the University, has noted that, the mining industry has been a great contributor to national development.

Explaining that, the industry, under the auspices of the Ghana Chamber of Mines has committed to responsible and sustainable mining practices and has therefore been positioned to continuously support national development.

Prof. Buah, in expatiating on some of the contributions of the mining industry to national development, at the second public lecture held in Accra on Friday, November 23, 2018, organised by the Ghana Chamber of Mines in commemoration of its 90th anniversary celebration, indicated that gold export increased from 3.84 million ounces in 2016 to 4.61 million ounces in 2017.

He therefore attributed the increase to the up turns in the outputs of large scale producers and there were also an increase in volume of gold exported by licensed gold exporting companies.

With Bauxite, Prof. Buah noted that, there was a shipment expansion from 1.14 million tonnes to 1.47 million tonnes over the same period.

He further noted of an increase in Direct Domestic Tax Receipts (DDTR) from 15.8% in 2016 to 16.3% in 2017. This he indicated that, in nominal terms, the sector’s fiscal payments to GRA increased by 31% year-on-year from Gh¢ 1.65 billion in 2016 to Gh¢ 2.16 billion in 2017.

However, he explained that, the industry’s fiscal contributions to DDTR from 2011 to 2017 remained consistent. Below is the indication

Year – Amount (GH¢) – % of DDTR

2011 – 1,034,221,712.00 – 27.6%
2012 – 1,461,202,977.00 – 20.7%
2013 – 1,104,047,315.00 – 18.7%
2014 – 1,238,634,779.00 – 16.2%
2015 – 1,354,379,971.00 – 14.8%
2016 – 1,648,183,049.00 – 15.8%
2017 – 2,160,742,773.00 – 16.3%

On Corporate Social Investments (CSI)

In the area of corporate social investment (CSI), Prof. K. Buah noted that, the industry had supported in the training and development of local people in engineering, construction, electrical and other technical fields, and as well as providing support for research and charitable projects that were beneficial to the host communities and the entire nation.

Below is the indication of the expenditure

2010 – 17,590,469

2011 – 43,732,833

2012 – 26,676,354

2013 – 12,124,053

2014 – 20,769,049

2015 – 17,094,776

2016 – 12,203,889

2017 – 19,888,164

Sustainable Alternative Livelihood (SAL)

On Sustainable Alternative Livelihood (SAL), he said the industry has supported small, micro and medium enterprises in the host communities, trained local people in farming and animal husbandry.

Other areas he also mentioned were support for responsible income-generating initiatives, agribusiness and aquaculture, reengineering of mined out areas for tourism and improvement in tourism facilities in catchment areas.

Responsible And Sustainable Mining

Prof. Intimated that, the industry has a strong partnership EPA and it also ensures that environmental compliance is observed holistically.

He seized the opportunity to announced that in the next few months,a proposal from UMaT for consideration for the establishment of a reactor plant will be ready. This plant, he said when established will also create more jobs in the country.

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