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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.

"Government is very committed to supporting businesses and industry and for us, in the Minerals Commission we have committed ourselves to supporting the gold mines," he said.

Azumah Resources is one of the beneficiaries of the Commissions support after executives paid the mines a visit.  

Mr Aubyn said, what they are strict about is the issue of local content adding, "we don't want to debate that. We want things to be done according to the books."

 

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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.