Law in details

Minerals and Mining (Licensing) Regulations 2012 (LI 2176)

Regulation 73(1) A holder of a reconnaissance licence or a restricted reconnaissance licence may not later  than sixty days before the expiration of the licence, apply to the Commission as set out  in Form Nineteen of  the First  Schedule for approval to mortgage  the licence.(2)  A transaction which purports to mortgage a licence and which does not comply with these Regulations  is void.(3) The application shall include(a) a certified copy of the licence to be mortgaged;(b) a certified  copy  of the documents  of incorporation of the mortgagee;(c)  annual reports  of the  mortgagee  for the past two years, if applicable;(d) the mortgage deed,  or  any  loan,  debenture, and  other financing  documents; (e)  evidence of payment  of applicable  fees;(f)  in the case  of a mortgage  of an  undivided   proportionate part  of the licence, the polygon that  defines the number  of blocks to be mortgaged;  and(g) any other transaction  between the holder and the mortgagee in respect of the licence.(4) Where  it is required  by the Mineral  Titles Department  of the Commission, the applicant  shall  submit  particulars of the  mortgagee's principals  or shareholders  in respect  of subregulations  (3)(b) and (3)(c).

Procedures to Follow

Submit Your Application
Once you have filled and gathered all the required documents you will have to submit it at the district office.
It takes 5 days to review the application. The next 5 days is for notification of errors.
Submission To Mineral Titles Department (MTD)
10 days after registration, the district office shall submit the application to MTD.
MTD review the application in 10 days and records it in the priority register 
MTD Publishes In The Gazette
15 days after recording, MTD publishes in the gazette, notify chiefs, traditional authorities etc. through the Commission's District Offices. 
Application Dossier
Within ten (10) days after publication, District Office shall submit application dossier to MTD for appropriate recommendation to Minister
Minister Takes Decision
Once you have completed these steps you are ready to start your business.
You need to renew your license every three (3) years.
Approval / Rejected
21 days notification to applicant and Fees payable if approved.
Reasons are given if rejected. 
Applicable Fees
Within 60 days, applicant pays applicable fees and gives notice of acceptance of the grant to Minister and Commission in writing. 
License
Minister on proof of payment of applicable fees, issues licence to applicant within 30 days after the date of acceptance of the grant.
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Responsible Institution

Minerals Commission

36 Second Cantonments Cl, Accra
Email:mlnrinfo@mlnr.gov.gh
Website:http://mincom.gov.gh

Relevant Forms to Download

Not Available

Fees / Charges




Not Avaiable