Perception of stakeholders on the posting of reclamation bonds in the small-scale mining sector in Ghana: A case study of Prestea Huni-Valley District, Ghana

Authors:
Nana Esi Assiredua Aidoo

Publication Date:
2019

Abstract/Summary:
The small-scale mining sector in Ghana contributes greatly to the country’s economy, yet it is also associated with negative environmental impacts, such as land degradation and water pollution. Most miners in the sector have shifted from the mining methods used during colonial time, which involved the use of simple or hand-held equipment, to the use of high technological equipment for the extraction of the mineral. Reclamation bonds have been continuously deployed in the large-scale sector to promote sustainability and ensure reclamation of mined site in their operation. Introduction of reclamation bonds at the small-scale mining sector would help curb the extensive degradation caused by these activities. Based on these issues, this study assessed the perception of stakeholders on the introduction of reclamation bonds in the small-scale mining sector from three communities in Prestea Huni-Valley District, Ghana. Based on interviews with concession owners, representatives of regulatory institutions, and miners’ associations in the district, introducing reclamation bonds would ensure compliance in the sector, enforce miners to practice concurrent reclamation sustainably, and mitigate some negative environmental impacts. Findings suggest that, reclamation bond fees must be moderated when introduced to enable miners to comply. Additionally, payment of the bond must not be full payment at the initial stage of operation but rather as the mine progresses. To achieve this, miners must be well trained and educated about reclamation bonds. There is a need for government assurance to the miners on how funds will be refunded to them after a successful reclamation.

Resource Type:
Audio/Video, Conference Presentation, SER2019

Source:
Society for Ecological Restoration