The Ghana Mineworkers’ Union is making a strong case for the recapitalisation of the mining sector.
According to the Union, the surge in gold price makes it a better alternative than calling for the introduction of a windfall tax on mining profits.
Delivering a speech at the Union’s National Executive Council meeting in Sunyani, the General Secretary of the Union, Abdul-Moomin Gbana said an increased investment for the sector will improve the sector’s market offering and create more jobs.

“This, we believe, would place the mining industry on a sound footing to create additional jobs and ultimately respond to the increased unemployment numbers brought about by COVID-19 in the short and long-run; extend companies’ life-of-mine and by extension the industry; grow the industry’s contribution to the national kitty through taxation and also contribute to improving the infrastructural development needs of host communities,” he said.
On his part, the National Chairman of the Mineworkers’ Union, Mensah Gyakari, expressed worry about fixed contract mining.
“It is worrying that at a time gold price is rising, unfortunately, some of the companies are thinking of doing away with permanent workers, and tend to give fixed-term contract,” he said.

Mr Gyakari has urged government to take action against companies culpable.
The Ghana Mineworkers’ Union has pledged to improve the quality of life of mining communities through collaborations with these communities under its programme dubbed “Mineworkers’ Partner Communities.”
Latest Stories
- IMF reluctant to approve bailout because of huge budget deficit – Prof. Bokpin
57 mins - Ghana has failed to play its foreign policy well – Okudzeto Ablakwa
2 hours - Ghana should be careful not to fall into a geopolitical trap – Dr. Hlorvor
3 hours - Ghana is important to the US – Okudzeto Ablakwa
4 hours - Gold Mafia: Kenyan once honoured with ‘Lifetime Africa Achievement’ uncovered as Africa’s foremost gold smuggler
4 hours - Why Ebo Whyte’s ‘Just The Tip’ is a ‘maybe’
7 hours - You can’t intervene in anti-LGBTQ+ bill; you’re not in charge – Bagbin tells Akufo-Addo
8 hours - Tarkwa Rotary Club conducts medical screening for inmates of Tarkwa prisons
8 hours - The stories of slavery must be told – US Vice President after visiting Cape Coast Castle
8 hours - GhLA CEO Hayford Siaw honoured by global philanthropy organisation, Reach for Change
8 hours - World Water Day: Youth engagement maximized to achieve SDG 6
10 hours - Livestream: PM Express discusses US-Ghana relations
10 hours - Hey please! I am in charge – Bagbin tells Akufo-Addo over anti-LGBTQ+ bill
10 hours - Bole-Bamboi MP calls for rerun of the election that approved six ministerial nominees
10 hours - ‘He devoted himself to the Danquah-Dombo-Busia tradition’ – Akufo-Addo eulogises late Kumawu MP
11 hours