Mining royalties: Give communities 30%
Image source: GhanaWeb

Mining royalties: Give communities 30%


Summary short_text

Dr Asubonteng who was speaking at the recently held Annual General Meeting of the Chamber, added that the share of mineral royalty that was used to support development in mining communities was negligible.

According to Dr Asubonteng, the poor state of mining communities was largely a function of the development status of the country as well as an outcome of the mechanism for allocating and utilising fiscal revenues realized from the extraction of mineral resources.


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