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Bawumia lauds BoG gold purchase programme


Graphic Online
Date: Jul - 03 - 2021 , 09:40
BY: Chris Nunoo & Kobla Dotsey Aklorbortu
Category: Business News
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The Vice-President, Dr Mahamudu Bawumia, has lauded the decision by the Bank of Ghana (BoG) to implement a gold purchase programme designed to purchase locally-produced gold and keep as reserve.
He said the decision was a master stroke in the quest for stronger macroeconomic management and in providing a bulwark for the Ghana cedi.
Delivering the keynote address at the 2021 Gold Expo Week in the Western Regional capital,Takoradi last Thursday, the Vice-President intimated that the launch and implementation of the domestic gold purchase programme by the BoG and the Community Mining Programme (CMP) were going to be catalyst for the formalisation of our artisanal small-scale mining sector. ....

South Africa , Gold Coast , Mahamudu Bawumia , Dankwa Akufo , Domestic Purchase Programme , Mining Policy Forum , Ministry Of Lands , Regional Coordinating Council , Precious Minerals Marketing Company , Community Mining Programme , Gold Purchase Programme , Ghana Revenue Authority , Expo Week , Western Regional , Gold Expo , Ghana Mining Week , Cannes Film Festival , Western Regional Coordinating Council , President Nana Addo Dankwa Akufo , Gold Coast Refinery , தங்கம் கடற்கரை , சுரங்க பாலிஸீ மன்றம் , அமைச்சகம் ஆஃப் நிலங்கள் , பிராந்திய ஒருங்கிணைத்தல் சபை , ப்ரெஶியஸ் தாதுக்கள் சந்தைப்படுத்தல் நிறுவனம் , சமூக சுரங்க ப்ரோக்ராம் ,

Review community mining programme — Okyenhene


Graphic Online
BY: Haruna Yussif Wunpini
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The Okyenhene, Osagyefuo Amoatia Ofori Panin, has called for a review of the Community Mining Programme (CMP), saying it still pollutes water bodies and destroys farm lands.
He said the programme, which was identified as a substitute to illegal mining commonly called galamsey in local parlance was causing harm to the environment just as illegal mining was, and, therefore, needed to be reviewed to protect the environment.
Consequently, he proposed that community mining should be stopped and a comprehensive reclamation policy put in place to cover all uncovered pits created as a result of galamsey activities. ....

Ghana General , Greater Accra , Osagyefuo Amoatia Ofori Panin , Seth Kwame Acheampong , Akyem Abuakwa , Osagyefuo Ofori Panin , Community Mining Programme , Eastern Regional Minister , Ofori Panin , கானா ஜநரல் , அதிகமானது அக்ரா , சமூக சுரங்க ப்ரோக்ராம் , கிழக்கு பிராந்திய அமைச்சர் ,