The Minerals Commission (MC) is a government agency established under Article 269 of the 1992 Constitution and the Minerals Commission Act 1993, Act 450. The Minerals Commission as the main promotional and regulatory body for the minerals sector in Ghana is responsible for “the regulation and management of the utilization of the mineral resources of Ghana and the coordination and implementation of policies relating to mining. It also ensures compliance with Ghana's Mining and Mineral Laws and Regulation through effective monitoring.
Passage of Act 703
Erstwhile Mines Department becomes Inspectorate Division of the Minerals Commission to improve efficiency (Section 101 & 102)
The Commission would strive to make Ghana the leading destination of mining sector investment in Africa through creating a congenial atmosphere in which all stakeholders work as partners in a safe environment to achieve one common goal: sustainable development through mining.
The Commission's primary responsibility is to foster the efficient and effective regulation and management of the utilization of Ghana's mineral resources. This we will accomplish through the development of a solidly knowledge-based, self-led organization, which recognizes that mining investment would take place and be sustained only if it is under Win-Win circumstances.
The Commission is required by law to carry out the following functions:
- Formulate recommendations of national policy for exploration and exploitation of mineral resources with special reference to establishing national priorities having due regard to the national economy;
- Advise the Minister of Lands and Natural Resources on matters relating to minerals;
- Monitor the implementation of laid down Government Policies on minerals and report on this to the Minister;
- Monitor the operations of all bodies or establishments with responsibility for minerals and report to the Minister;
- Receive and access public agreements relating to minerals and report to Parliament;
- Secure a firm basis of comprehensive data collection on national mineral resources and the technologies of exploration and exploitation for national decision making; and
- Perform such other functions as the Minister may assign to it.
In fulfilling its functions, the Commission engages in the following activities:
- Investigate the background, process applications for mineral rights and recommend their grant or otherwise to the Minister;
- Review agreements relating to minerals; Collect, collate and analyse data on the operations of mining companies for the decision making and for dissemination;
- Organize and attend workshops/ seminars/ conferences, as well as issue publications to promote mineral sector activities;
- Liaise with other governmental agencies, notably the Bank of Ghana, the Internal Revenue Service (IRS) and the Customs, Excise and Preventive Service (CEPS), to ensure that the spirit of the sector's fiscal regime is maintained;
Liaise with other governmental agencies, notably the Geological Survey Department (GSD) and the Environmental Protection Agency (EPA) to monitor and ensure the adherence of mining companies to the terms and requirements of the mineral rights granted to them.