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The Ghana Gold Board (GoldBod) has engaged the University of Mines and Technology (UMaT) as part of consultations on a proposed Artisanal and Small-Scale Mining (ASM) Formalisation and Financing Support Programme expected to be implemented in 2027.
The engagement forms part of efforts to gather technical and institutional input ahead of the proposed programme’s consideration by Cabinet and Parliament.
The meeting was led by GoldBod’s Deputy Chief Executive Officer, Richard Nunekpeku, Esq., while the UMaT delegation was headed by its Vice-Chancellor, Professor Bernard Kumi-Boateng.
GoldBod Highlights Programme Objectives
Speaking during the engagement, Mr Nunekpeku explained that the proposed programme is part of a broader government intervention to formalise artisanal and small-scale mining activities, improve access to structured financing and promote responsible mining practices.
He stressed the importance of consulting relevant institutions to ensure that the programme benefits from the technical knowledge and experience of stakeholders within Ghana’s mining industry.
According to him, stakeholder contributions will help shape the proposal before it is presented for the necessary Cabinet and parliamentary consideration.
UMaT Pledges Technical Support
Professor Bernard Kumi-Boateng welcomed the engagement and pledged UMaT’s technical expertise to support the proposed initiative.
The university’s involvement is expected to provide technical and academic perspectives on mining practices, operational standards and the development of a more structured artisanal and small-scale mining sector.
As a specialised institution in mining, minerals and related technologies, UMaT could play an important role in supporting efforts to improve the technical capacity of small-scale miners.
More Stakeholder Consultations Planned
GoldBod indicated that further consultations would involve several institutions with responsibilities in Ghana’s mining, environmental and natural resource sectors.
These include the Minerals Commission, Ministry of Lands and Natural Resources, Minerals Income Investment Fund (MIIF), Environmental Protection Authority (EPA) and Water Resources Commission.
The consultations are intended to encourage collaboration among relevant institutions and strengthen the proposed programme before its planned implementation in 2027.
If successfully developed and implemented, the initiative could provide a more structured framework for financing artisanal and small-scale mining operations while promoting responsible mining practices.
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