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Article

15 Nov 2014

Author:
SpyGhana

Multi-stakeholder meeting on the management of mining revenue hosted in Ghana

‘Discussion on the management of mining revenue ends in Accra’, 15 Nov 2014: Representatives of government, civil society...mining communities, and industry have engaged in a discussion on how mining revenue could be managed. The dialogue...on mining governance led by the African Centre for Economic Transformation with the support of Australia...focused on how mining revenues policies are made and implemented, as well as the standard of accountability and disclosure in the management of mineral resources and how they contribute to wider development...Australia’s High Commissioner, Ms Joanna Adamson said...“...mining and fiscal policies, while protecting community and environmental interests, should also promote a sustainable mining industry...”...Ms Adamson observed that citizens demand transparency of revenue collection and expenditure, meanwhile, communities directly affected by mining often ask for direct contributions from mining companies for development support...Ms Adamson praised Ghana, on becoming the Extractives Industries Transparency Initiative (EITI) compliant in 2010, and therefore urged government to continue to compile and publish its report...