• Live Radio
  • Videos
  • About
  • Contact
  • Despite Media
Ghana Election 2020
  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • VIDEOS
  • Media
    • Videos
    • Audio
    • Live Radio
    • Photos
  • Election 2020
Local News
 
 
 
Home Business Economy 201805

World Bank Supports Sustainable Mining Project With US$ 50m

27-May-2018
/ Economy, Business
Email
Print
Comments 0
(0)
Comments
Share on Facebook Share on Twitter
 

The World Bank is to support the implementation of the Multi-Sectorial Integrated Mining Project (MSIMP) of the government with US$ 50 million.

Out of the amount, US$ 30 million would be loan and US$ 20 million would be a grant.

Dr Isaac Bonsu Karikari, the Acting National Project Coordinator for the MSIMP disclosed this at a town hall meeting organised by the Media Coalition Against Galamsey (MCAG) at Osino, one of the communities affected by illegal mining, popularly called galamsey in the Eastern Region.

He explained that the MSIMP was to ensure responsible and sustainable small scale mining in the country and also ensure that all players in the small scale mining chain including landlords, traditional authorities, communities, government and the mining companies groups benefit from the small scale mining.

Dr Karikari said under the project, district assemblies would establish mining committees with trained personnel who would monitor and ensure responsible and sustainable mining in their districts and all excavators in the country would be registered and tracked so that they could easily be captured on drones when used for illegal mining for easy arrest of the owners.

He said the ban on small scale mining would soon be lifted but could not give any date.

In a speech read on behalf of the Deputy Eastern Regional Minister, Mr Joseph Tettey, he expressed support of the Eastern Regional Coordinating Council for the activities of the MCAG and said mining committees had been established in the districts to support the fight against illegal mining.  

He called for collaboration and cooperation among all players in the fight against illegal mining.

Squadron Leader Omani Agyei of the Operation Vanguard (OV), the team of police and soldiers who are enforcing the ban on illegal mining in the country, appealed for stiffer punishment for people arrested for engaging in illegal mining.

He appealed for low loaders to enable OV team to move excavators and heavy machines seized from illegal miners from the forest to safety.

Source: GNA

 

 
 

 

Comments ( 0 ): 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
Previous Post

Let’s Add Value To Our Products – Ahomka-Lindsay To Manufacturers

Next Post

BoG Weakening Public Confidence In Banking Sector — Adongo

 
 

More Stories

Ghana’s Energy Security Remains Our Topmost Priority – Energy Minister Tells Investors In London
Ecobank unveils its Single Market Trade Hub to promote intra-African trade
Cocoa Prices Reach 6-Year High Amid Supply Concerns
Energy Sector Debt Identified As Key Contributor To Ghana's Debt - World Bank Rep Warns
Economic Recovery Will Be Swift - Finance Minister Assures
PURC Justifies 2023 2nd Quarter Tariff Adjustment
Ambiguity Over IMF-Funded BoP Support Worrying – IEA
Concerns Heighten Over Declining Oil Production
Cedi Faces Pressure Amid US Debt Ceiling Negotiations
Next Post

BoG Weakening Public Confidence In Banking Sector — Adongo

  Ghana Business News

  • General News
  • Economy
  • Banking & Finance
  • Stock Market
  • Industry/Manufacturing


 
 

Other Economy Stories

  • Ghana’s Energy Security Remains Our Topmost Priority – Energy Minister Tells Investors In London

  • Ecobank unveils its Single Market Trade Hub to promote intra-African trade

  • Cocoa Prices Reach 6-Year High Amid Supply Concerns

  • Energy Sector Debt Identified As Key Contributor To Ghana's Debt - World Bank Rep Warns

  • Economic Recovery Will Be Swift - Finance Minister Assures

  • PURC Justifies 2023 2nd Quarter Tariff Adjustment

  • Ambiguity Over IMF-Funded BoP Support Worrying – IEA

  • Concerns Heighten Over Declining Oil Production

  • Cedi Faces Pressure Amid US Debt Ceiling Negotiations

  • No Workers To Fill Vacancies In Germany, Grocery Bills Up 28.6% - A Look At Life in Europe's 'Economic Powerhouse'

 

 
 

Popular Videos

Kokrokoo Live On Peace 104.3 FM (07/06/2023)

What's The Meaning Of Your Statement??? Ellen Daaku Asks Sammy Gyamfi

Peace Power Sports (05/06/2023)

Kokrokoo Discussion Segment On Peace 104.3 FM (05/06/2023)

Kokrokoo Discussion Segment On Peace 104.3 FM (06/06/2023)

Peace Power Sports (06/06/2023)

Peace FM Online and Despite Media

peacefmonline.com offers its reading audience with a comprehensive online source for up-to-the-minute news about politics, business, entertainment and other issues in Ghana

Follow us on social media:

Category

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • Trivia
  • Foreign
  • Audio
  • Photos
  • Videos
  • Elections
Decision Time
Ghana Election 2020 2016 Elections
Services
Live Radio Audio on Demand Ghana Elections Advertise with Us
Useful Links
Despite Media About Us Contact Us Feedback Form Terms and Conditions Privacy
Our Brands
Despite Media UTV Peace FM Okay FM Hello FM Neat FM Peacefmonline
  • About
  • Advertise
  • Terms & Conditions
  • Contact
  • Privacy

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Articles
  • Trivia
  • Foreign
  • Live Radio
  • Photos
  • Videos
  • Audio
  • Election 2020

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media