According to him, regardless of the activities of unlawful miners, licensed small scale miners contribute considerably to Ghana’s economic system therefore a cautious strategy should be employed in addressing the challenges plaguing the sector.
Speaking on JoyNews’ Newsfile on Saturday, he disclosed that based mostly on out there statistics, small scale mining contributes 40% of Ghana’s native gold produce.
In view of this, he admonished that although unlawful mining (galamsey) has sadly crept within the small scale mining sector, efforts to remove ‘galamsey’ should be carried out in a manner that doesn’t have an effect on proceeds from the sector.
“A good deal of work has gone into this matter of small scale mining; and we have been dealing with this matter from a two-pronged approach. From a reformative approach and the law enforcement approach; which is that, while you’re enforcing the law, you must also put in place a regime that makes that sector sustainable’, Mr Jinapor noted.
He continued: “[Let’s] always remember that small scale mining contributes 40% of Ghana’s gold output. And the gold industry gives Ghana its highest foreign exchange earning, and it’s the highest revenue mobilising sector when it comes to export.
So there’s a link between small scale mining, gold output, our national economy, our currency, our foreign exchange status and all of that, so when you’re dealing with small scale mining, you have to deal with it tactfully”.