Ghana Chamber of Mines

Last updated
Ghana Chamber of Mines
Formation1903
Founded at Tarkwa, Ghana
PurposeA mining industry employers’ organisation that supports and promotes the Ghanaian mining industry, serving and promoting their interests by providing strategic support and advisory input.
Location
  • Gulf Street, South Legon, Accra
Region
Accra, Ghana
President
 Michael Edem Akafia
1st Vice President
 Frederick Attakumah
2nd Vice President
Angela Diala List
Key people
 Sulemanu Koney (CEO)
Website ghanachamberofmines.org

The Ghana Chamber of Mines (GCM) is the main minerals industry association in Ghana. The Chamber is a voluntary private sector employers association representing companies and organizations engaged in the minerals and mining industry. It was founded in 1928 and has its members accounting for over 90 percent of all of the country's mineral production. [1] [2]

Contents

History

The history of the Ghana Chamber of Mines dates back to the early 20th century. The West Africa Chamber of Mines, which later evolved into the Ghana Chamber of Mines, was first established in 1903. Its aim was to protect and advance the mining interests of the shareholders, and its members, who were mainly directors of mining companies based in London, had the authority to influence legislative matters that affected the mining industry in the Gold Coast colony (now Ghana). The Chamber also petitioned government and administrative bodies on various matters affecting the industry. [3]

On 6 June 1928, the Gold Coast Chamber of Mines was officially incorporated as a private company and had its operations in Tarkwa, in the Western Region. This institution was the precursor to the Ghana Chamber of Mines. [4] [5]

Following Ghana's independence on 6 March 1957, the name of the Chamber was changed to the Ghana Chamber of Mines to reflect the nation's new status. The Chamber underwent several transformations, including a special resolution on 6 May 1960, which altered its form and objectives. On 14 February 1964, the Chamber was converted into a Company Limited by Guarantee under the Companies Code of 1963 (Act 179) [6]

In 1967, the registered offices of the Chamber were moved from Tarkwa to Accra, the capital city. [7]

The Ghana Chamber of Mines has since remained a voluntary private sector association, with its activities funded by its member companies. These companies are responsible for producing Ghana's minerals, which include gold, bauxite, manganese, and diamond. [8] [9] [10]

Impact

Economic development

Aligned with its mission, the Ghana Chamber of Mines Tertiary Education Fund (GCM-TEF) was founded in October 2019, with the objective of cultivating the essential human resource foundation for the mining sector in Ghana. In its initial phase, the Fund is slated to receive a combined yearly allocation ranging from Four Hundred Thousand US Dollars ($400,000) to Four Hundred and Forty Thousand US Dollars ($440,000), contributed collectively by the Chamber's member companies engaged in production, contract mining, and explosive manufacturing. [11]

Over the initial five-year span, the Fund has been designated to support the University of Mines and Technology (UMaT) in Tarkwa, to build up quality mining professionals to serve the local industry and extend their expertise beyond national borders.

The Ghana Chamber of Mines awards

The Ghana Chamber of Mines Awards recognize excellence and honor the contributions of mining companies and individuals to the nation's development. [12] [13]

Presidents

Related Research Articles

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<span class="mw-page-title-main">Gold mining in Ghana</span>

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<span class="mw-page-title-main">George Mireku Duker</span> Ghanaian politician

George Mireku Duker is a Ghanaian politician. He is serving as a Deputy Minister at Ghana's Ministry of Lands and Natural Resources since 2021, and is the Member of Parliament for Tarkwa-Nsuaem since 2017. He was elected into parliament on the ticket of the New Patriotic Party.

Georgette Barnes Sakyi-Addo is a Ghanaian entrepreneur in the mining industry. She is the founder and executive director of Georgette Barnes Ltd., a Ghanaian drilling and mining supplies company based in Ghana.

Eric Asubonteng is a Ghanaian finance and mining executive. He is currently the senior vice president for Joint Ventures at AngloGold Ashanti and had previously served as the General Manager and Managing Director of AngloGold Ashanti's Obuasi Mine in Ghana.He succeeds former Senior Vice President and Managing Director Mark Morcombe, who leaves AGA Ghana after many years of devoted service.

Michael Edem Akafia is a Ghanaian lawyer, tax practitioner and mining executive. He is currently the Vice President for External Affairs at Gold Fields and President of Ghana Chamber of Mines. He previously served as the Vice President for Legal Affairs at the West African operations of Gold Fields Ltd.

Alfred Baku is a Ghanaian mining engineer and executive. He served as the executive vice president and head of West Africa for Gold Fields Limited

James Kwamena Anaman is a Ghanaian mining executive and corporate affairs consultant. He served as the president of the Ghana Chamber of Mines.

References

  1. ↑ "Overview | The Ghana Chamber of Mines". ghanachamberofmines.org. Retrieved 2022-08-31.
  2. ↑ Nartey, Laud (2022-01-23). "Explosion must not recur - Chamber of Mines". 3NEWS. Retrieved 2022-01-24.
  3. ↑ "The Evolution of the Ghana Chamber of Mines From 1928 -2008".
  4. ↑ "Ghana Chamber of Mines | Bus Ex". www.bus-ex.com. Retrieved 2024-11-20.
  5. ↑ "Who We Are - Ghana Chamber". ghanachamberofmines.org. 2023-05-08. Retrieved 2024-11-20.
  6. ↑ "The Evolution of the Ghana Chamber of Mines From 1928 -2008".
  7. ↑ "The Evolution of the Ghana Chamber of Mines From 1928 -2008".
  8. ↑ "Interview: Ghana Chamber of Mines - MACIG West Africa 2020". projects.gbreports.com. Retrieved 2024-11-20.
  9. ↑ "Ghana has advocated strict enforcement of mining regulations to address illegal mining | African Mining Market". 2024-10-18. Retrieved 2024-11-20.
  10. ↑ "Strict regulation is key to small-scale mining success – Ghana Chamber of Mines CEO - MyJoyOnline". www.myjoyonline.com. 2024-09-23. Retrieved 2024-11-20.
  11. ↑ "GCM-TEF – Ghana Chamber of Mines – Tertiary Education Fund" . Retrieved 2023-08-23.
  12. ↑ "Chamber of Mines launches 10th Ghana Mining Industry Awards". 2024-07-07. Retrieved 2024-12-19.
  13. ↑ Dzakpata, Fred (2024-07-07). "Chamber of Mines launches 10th Ghana Mining Industry Awards". Asaase Radio. Retrieved 2024-12-19.
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