Thursday 18 June 2015 – The Ministry of Lands and Natural Resources in Ghana, in cooperation with the Australian High Commission to Ghana, launched the Implementation of License Administration System Project for the Mining Sector.
The two-year project is aimed at improving the effectiveness, accountability and compliance of the management of mining licenses and associated royalties in Ghana. Revenue Development Foundation will provide the technical assistance and development of a computerized administration system designed to make the processing, issuing and monitoring of mining licenses more efficient. Ultimately this should lead to increased investor’s confidence and an increase of revenue base.
In the joint press release from the Australian High Commission and the Ministry of Lands and Natural Resources, RDF is mentioned as an experienced none-profit organization with a track record in raising revenues for governments of developing countries.
Ghana’s Minister for Lands and Natural Resources, the Honourable Nii Osah Mills, and Australia’s High Commissioner to Ghana, H.E. Ms Joanna Adamson, signed the Exchange of Letters on behalf of their respective governments.
Minister Mills welcomed the Australian Government’s support to the mining sector in Ghana and noted, “This project will help to increase efficiency and effectiveness in the issuing, tracking and general administration of mineral licences. This is a high priority for the Ministry. This assistance should also help address some of the current challenges with the management of small-scale mining licences in Ghana”.
The High Commissioner H.E. Ms Adamson said “Ghana and Australia share many years of experience in the mining sector so it is logical that we work together. We hope that this technical support from Australia will help Ghana enhance the management of its mining sector to achieve sustainable growth and wider socio-economic benefits for the Ghanaian people”.