Business News Tue, 2 Aug 2016

Minerals Commission adopts new approach to manage the industry

The Minerals Commission has adopted a new approach of regulation to enable it to monitor, evaluate and enforce the mining laws and regulations in the country.

As the main promotional and regulatory body for the minerals sector responsible for the management and the utilization of the mineral resources, the Commission strives to make Ghana the leading destination of mining sector investment in Africa.

They intend to achieve this through creating a congenial atmosphere in which all stakeholders work as partners in a safe environment.

Chief Executive Officer of the Commission, Dr Tony Aubyn tells Joy Business the new approach will enhance their capacity to regulate the sector effectively.

"The new approach to regulation by the Commission which is proactive regulation or collaborative regulation, you don't sit in the office and wait for something to happen and then you slap the rule on people," Mr Aubyn said.


He said, officers of the Commission "have to go out there to prevent negative things from happening."

According to Mr Aubyn they are going to sit with the mines and ask them what they could do together in a collaborative approach to prevent time loss and increase efficiency and effectiveness.

He said that also provide assurances to investors in the sector.

Mr Aubyn said the Commission is ready to work with all investors to exploit the mineral resources in the country in a manner which would benefit Ghanaians.

Source: Myjoyonline.com