local content for mining industry in ghana

Local Content Participation Compressed - Ghana

2020-12-22  MINERALS AND MINING (LOCAL CONTENT AND LOCAL PARTICIPATION) REGULATIONS, 2020 IN exercise of the power conferred on the Minister responsible for Mines under section 110 of the Minerals and Mining Act, 2006 (Act 703), these Regulations are made this 15th day of October, 2020. Preliminary Provisions Purpose of Regulations I.

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MINERALS AND MINING (LOCAL CONTENT AND LOCAL

The Minerals and Mining industry in Ghana is the latest member of the extractive sector to issue consolidated and dedicated local content and local participation regulations for the sector. The Minerals and Mining (Local Content and Local Participation) Regulations, 2020 (L.I. 2431) (the “Regulations”), which came into force on 16th October 2020, consolidates important mining laws and regulat

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An Assessment of Local Content ... - University of Ghana

2019-2-27  Ghana began working on local content policies since 2010. The tone was set by the enactment of the Minerals and Mining (General) Regulations, 2012-LI 2173 as a local content policy in the mining sector. This was followed by that of the oil and gas industry - Petroleum (Local Content

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Local content in the oil, gas and mining sectors ...

2016-2-20  Local content in the oil, gas and mining sectors: ... around the participation of local industries, the purpose of this paper is to consider how to maximise benefits to local ... review of secondary data, interviews with Revenue Watch Institute partners in Ghana. The document starts with an

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Gold and godfathers: Local content, politics, and ...

2019-11-1  Local content policies. In Ghana, the Minerals and Mining Law of 2006 (Act 703) “seeks to promote a localization policy and facilitate the local content of the industry” (Bloch Owusu, 2012, p. 437) through the following provisions: a 10% government interest in all large-scale gold mining companies, a preference for “made in Ghana ...

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Local Content – Petroleum Commission Ghana

petroleum (local content and local participation regulations 2013, (l.i 2204) In November 2013, LI2204 was promulgated to inter alia promote maximisation of value-addition and job creation through the use of local expertise, goods and services business, financing in the petroleum industry value chain and their retention in Ghana.

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Local content implementation and development in

2021-4-7  Local content policies are part of the broader categories of the “Productive Development Policies (PDP) or Industrial Policies (IP) which include government interventions or policies that seek to increase the share of employment, services, manufacturing and financial value to the local industry value chain [].They also comprise initiatives that target the strengthening of the productive ...

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PETROLEUM (LOCAL CONTENT AND LOCAL

2013-12-5  L.I. 2204 4 PETROLEUM (LOCAL CONTENT AND LOCAL PARTICIPATION) REGULATIONS, 2013 IN exercise of the power conferred on the Minister responsible for Energy by section 22 of the Petroleum Commission Act, 2011 (Act 821), these Regulations are

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Local Content Policies in the Mining Sector: Scaling up ...

2021-2-1  iii Local Content Policies in the Mining Sector: Scaling up local procurement ACRONYMS AMV Africa Mining Visoi n BBBEE Broad-Based Black Economic Empowerment CDA community development agreement EITI Extractive Industry Transparency Initiative EWB Canada Enginees r Without Bodr es r Canada IBA impact benefit agreement IFC International Finance Corpoatir on

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Overview of Local Content Regulatory Frameworks in ...

2020-9-2  strengthen local content regulatory frameworks for creating sustainable domestic production linkages in the ECCAS region and improve regulatory compliance with a view to enhance the benefits of the oil and gas industry to the economies of resource owners.

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Local content in the oil, gas and mining sectors ...

2016-2-20  Local content in the oil, gas and mining sectors: ... around the participation of local industries, the purpose of this paper is to consider how to maximise benefits to local ... review of secondary data, interviews with Revenue Watch Institute partners in Ghana. The document starts with an

Read More
Gold and godfathers: Local content, politics, and ...

2019-11-1  Local content policies. In Ghana, the Minerals and Mining Law of 2006 (Act 703) “seeks to promote a localization policy and facilitate the local content of the industry” (Bloch Owusu, 2012, p. 437) through the following provisions: a 10% government interest in all large-scale gold mining companies, a preference for “made in Ghana ...

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Government to focus on local content ... - Ghana Business

2021-6-5  George Mireku Duker. Government will shift focus on fiscal returns in the mining industry to promoting local content and participation, value addition, and resource-based industrialization, Mr George Mireku Duker, Deputy Minister-Designate for Lands and Natural Resources, has said.

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Local content implementation and development in

2021-4-7  Local content policies are part of the broader categories of the “Productive Development Policies (PDP) or Industrial Policies (IP) which include government interventions or policies that seek to increase the share of employment, services, manufacturing and financial value to the local industry value chain [].They also comprise initiatives that target the strengthening of the productive ...

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IMPACT OF MINING SECTOR INVESTMENT IN GHANA: A

2008-11-12  investment. Ghana now has 19 operating mines and over 128 local and foreign companies with exploration licences, mainly in the domain of gold. The sector now accounts for more than 30% of gross foreign exchange earnings. In 1997, officially reported output of newly mined gold was 54.4 metric tons with a market value of about $545 million.

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PETROLEUM (LOCAL CONTENT AND LOCAL

2013-12-5  L.I. 2204 4 PETROLEUM (LOCAL CONTENT AND LOCAL PARTICIPATION) REGULATIONS, 2013 IN exercise of the power conferred on the Minister responsible for Energy by section 22 of the Petroleum Commission Act, 2011 (Act 821), these Regulations are

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Local Content Implementation Enhancement through ...

A conceptual model for local content development in petroleum industry. Management Science Letters. 2012;2(6):2165-2174. INTSOK Enhancing of Local Content in the Upstream Oil and Gas Industry in Nigeria. Norwegian Oil and Gas Partners; 2003. MoE (Ministry of Energy, Ghana), Ghana (2010). Local Content and Local Participation Policy Framework; 2010.

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Overview of Local Content Regulatory Frameworks in ...

2020-9-2  strengthen local content regulatory frameworks for creating sustainable domestic production linkages in the ECCAS region and improve regulatory compliance with a view to enhance the benefits of the oil and gas industry to the economies of resource owners.

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Skills development in the mining sector: Making more ...

2018-4-20  Mineral-rich countries are increasingly promoting local content requirements in their policy and legal frameworks, notably to deliver on the creation of more and better-paid jobs, the promotion of domestic supply chains and the transfer of knowledge, skills and technologies. In the short term, this is a tactic to move up the value chain.In the longer term, it is a matter of survival: mining ...

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Why is Local Content Relevant in Oil, Gas, and Mining?

2015-8-9  1 Local content in the Oil and Gas Sector, World Bank Studies, 2013; and Increasing Local Content by the Mining Industry in West Africa (World Bank, 2012) mineral-rich developing countries. 2 Petroleum and mining operations often take place in remote

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Government to focus on local content ... - Ghana Business

2021-6-5  George Mireku Duker. Government will shift focus on fiscal returns in the mining industry to promoting local content and participation, value addition, and resource-based industrialization, Mr George Mireku Duker, Deputy Minister-Designate for Lands and Natural Resources, has said.

Read More
Gold and godfathers: Local content, politics, and ...

2019-11-1  Local content policies. In Ghana, the Minerals and Mining Law of 2006 (Act 703) “seeks to promote a localization policy and facilitate the local content of the industry” (Bloch Owusu, 2012, p. 437) through the following provisions: a 10% government interest in all large-scale gold mining companies, a preference for “made in Ghana ...

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Ghana Mining Industry Review - iTrade

2020-5-20  This makes mining companies gold exploration activities some of the busiest in the region. The sector employs 28,000 people in the large scale mining industry whilst over 1,000,000 people are engaged in the small scale gold, diamonds, sand winning and quarry industries. Ghana has a

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Local content implementation and development in

2021-4-7  Local content policies are part of the broader categories of the “Productive Development Policies (PDP) or Industrial Policies (IP) which include government interventions or policies that seek to increase the share of employment, services,

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The mining sector during economic challenges – Ghana

2020-6-22  Local Content is prevalent in the mining industry. Excluding foreign participation in small-scale mining provides great opportunities for indigenous Ghanaians and that has served as a guaranteed employment source in these critical times. Ghanaian companies are also given preference in the supply of goods and provide services to the mining ...

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IMPACT OF MINING SECTOR INVESTMENT IN GHANA: A

2008-11-12  investment. Ghana now has 19 operating mines and over 128 local and foreign companies with exploration licences, mainly in the domain of gold. The sector now accounts for more than 30% of gross foreign exchange earnings. In 1997, officially reported output of newly mined gold was 54.4 metric tons with a market value of about $545 million.

Read More
Local Content Implementation Enhancement through ...

A conceptual model for local content development in petroleum industry. Management Science Letters. 2012;2(6):2165-2174. INTSOK Enhancing of Local Content in the Upstream Oil and Gas Industry in Nigeria. Norwegian Oil and Gas Partners; 2003. MoE (Ministry of Energy, Ghana), Ghana (2010). Local Content and Local Participation Policy Framework; 2010.

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Local Content and Local Participation - Energy Commission

2021-11-20  Local Content Regulations (L.I. 2354) -Synopsis. On 22 nd December, 2017, the Energy Commission (Local Content and Local Participation) (Electricity Supply Industry (ESI)) Regulations, 2017, (L.I. 2354) was passed by the Parliament of Ghana into law. The objective of the regulations is to achieve a minimum of fifty-one percent (51%) equity participation in wholesale supply and distribution in ...

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A SURVEY OF THE LITERATURE ON LOCAL CONTENT

2021-4-27  A SURVEY OF THE LITERATURE ON LOCAL CONTENT POLICIES IN THE OIL AND GAS INDUSTRY IN EAST AFRICA* Chilenye Nwapi† SUMMARY Although oil and gas exploration has been going on in East Africa for decades, until recently exploration activities grew more slowly compared to other regions in Africa.

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LOCAL CONTENT POLICY DESIGNATION

2020-4-13  LOCAL CONTENT VERIFICATION CONDUCTED IN THE CURRENT FINANCIAL YEAR (2019/2020) Eleven designated sectors/products were prioritised. SABS Local Content division managed to conduct verification on 55 tenders and only 15 projects are still under way resulting in 70 projects in total: # Designated Sector Number of Tenders Selected

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