Audio By Carbonatix
The country will realize more in terms of taxes and royalties from gold production for the half year.
This follows a 19 percent increase in gold export revenue of mining firms to 3 billion dollars from January to June.
This was on the back of a 6 percent increase in gold production following fresh production from two new mining firms.
Chief Executive of the Chamber of Mines, Dr. Toni Aubynn explains to JOY-BUSINESS how government would benefit.
He adds that production could improve for the next half year if mining firms increase their investments.
“Companies would have to consider the condition for them to increase their investment and once they are able to invest more there’s the likelihood of more production”. There are a few things that need to be done to actualize the kind of position that the industry could get itself into” he said.
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.
Tags:
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.
Latest Stories
-
S&P affirms Ghana’s “B-/B” credit ratings with stable outlook
5 minutes -
Alan Kyerematen urges Ghanaians to make a ‘strategic choice’ in 2028
6 minutes -
Akwasi Opong-Fosu proposes ‘3Vs’ plan for NDC grassroots empowerment and economic viability
9 minutes -
Government races to end teachers’ strike as Education Minister holds crunch talks with unions
9 minutes -
LA 2028: Black Queens to face Mauritius in Round Two of African qualifiers
20 minutes -
Three dead, including child, in Channel crossing attempt
23 minutes -
Woman charged with stealing from patients and staff at hospitals across Ontario
24 minutes -
Foreign tourists stay longer as domestic guests dominate Ghana’s accommodation market – GSS
25 minutes -
Ghana’s tourism accommodation market shows sharp regional disparities – GSS
29 minutes -
Ayalolo BRT to get contra-flow lanes on three major Accra corridors
34 minutes -
GH¢111bn DDEP maturity wall in 2027/2028 – Insights from Charles Adu Boahen
36 minutes -
Danlad Ibrahim on crutches after suffering injury against Aduana FC
37 minutes -
Aayalolo to operate contra-flow on three major Accra corridors
42 minutes -
Northern Region pupils left unsupervised as teacher unions begin strike
43 minutes -
Limited time forced me to contest 2024 election as independent candidate — Alan Kyerematen
44 minutes