Gov’t, large-scale miners sign MOU on 30% Gold purchase under GANRAP
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2 Articles
GANR Govt seals deal with miners on 30% gold sale
The Ministry of Finance and four other institutions have signed a Memorandum of Understanding (MoU) to facilitate the sale of 30 per cent of gold output from large-scale mining companies*under the Ghana Accelerated National Reserve Accumulation Policy (GANRAP), approved by Parliament. The other signatories are the Bank of Ghana (BoG), the Ghana Gold Board (GoldBod), the Ghana Chamber of Mines and the Ministry of Lands and Natural Resources. The …
Gov’t, large-scale miners sign MOU on 30% Gold purchase under GANRAP
The government has reached an agreement with Ghana’s large-scale mining companies to implement a key component of the Ghana Accelerated National Reserve Accumulation Programme (GANRAP), requiring 30% of their gold output to be sold to the Bank of Ghana and the Ghana Gold Board for local processing and refining. The agreement was formalised on Thursday through a Memorandum of Understanding (MOU) signed by the Ministry of Finance, Ministry of Land…
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