Home   >   News   >   Social   >   201801
Compensate Small-Scale Miners Over $551m Loss – Dr Graham   
  << Prev  |  Next >>
Comments ( 2 )     Email    Print
Related Stories
Registered small-scale Miners in the country have stated that collectively, they have lost some $551 million as a result of the ban on small-scale mining activities.

The Ghana National Association of Small-Scale Miners (GNASSM) says the figure is bound to go up if measures are not taken to lift the ban.

The General Secretary of the association, Mr Godwin Armah, explained that “this includes steel maintenance, underground dewatering, equipment ideal time and man hours.”

He added that about four million people are being affected by the continued ban on small scale mining.

The ban, which was imposed early last year as part of the fight against galamsey, is yet to be lifted.

The October 2017 timeline given by the government was extended by three months, prompting protest by the GNASSM. The GNASSM says legal small-scale mining firms are being unduly punished.

The association made this known at a Third World Network’s roundtable discussion with journalists and stakeholders on the role of artisanal and small-scale mining on the Ghanaian economy.

Speaking to Starr Business’s Osei Owusu Amankwaah, Coordinator at the Third World Network, Dr Yao Graham, said the government must compensate legally registered small-scale miners for the losses they had incurred during the period of the ban.

“I think that the government should pay the legal miners whose businesses have been damaged compensation. They should be compensated by being treated through political fiat; nobody investigated if they have done anything wrong, but their businesses have been damaged.”

He wants the government to show more concern about protecting local business. He noted that since the ban only expatriates owning big mining firms have the right to trade in gold business.

“So you see our politicians on the front pages everyday shaking hands with foreign investors; they are destroying the business of locals. That is not good. Nobody has found anything against them; it is a blanket political ban which is destroying their business because of what illegal miners are doing.”

He noted that many legal small-scale miners are afraid to speak on the matter due to the negative image of the sector.
Source: Daily Heritage

Comments ( 2 ): Post Your Comments >>

Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.
Featured Video