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Geography
Area: 239,460 km²
Capital City: Accra
Climate: Tropical; warm and comparatively dry along southeast coast; hot and humid in southwest; hot and dry in North

People
Nationality: Ghanaian
Population: 22 931 299
Religion: Christian 68.8% (Pentecostal/Charismatic 24.1%, Protestant 18.6%, Catholic 15.1%, other 11%), Muslim 15.9%, traditional 8.5%, other 0.7%, none 6.1% (2000 census)

Government
Type: Constitutional democracy
Independence: 6 March 1957 (from UK)
Constitution: Approved 28 April 1992

Economy Statistics
GDP (US$): $10.21 billion (2006 est.)
GDP growth rate: 6% (2006 est.)
Rate of Inflation: 10.9% (2006 est.)
Natural resources: Gold, timber, industrial diamonds, bauxite, manganese, fish, rubber, hydropower, petroleum, silver, salt, limestone

Mineral Policy and Legislation
Mining, prospecting and exploration is governed by the Minerals and Mining Act of 2006. Applications for mineral rights are made to the Minerals Commission which submit their recommendation to the Minister. Holders of mineral rights are required to pay an annual mineral fee to the Minerals Commission. Application may be made for a reconnaissance licence not exceeding a period of 12 months and for a prospecting licence granted for an initial period not exceeding three years. A prospecting licence may be extended for another period not exceeding three years. A mining lease can be applied for an initial term of thirty years and can be renewed for a further period of thirty years. Mineral rights are subject to certain exemptions and holders of such rights are allowed to capitalise expenditure. A mining lease is subject to royalties of between 3 per cent. and 6 per cent.

   
       
     

Akrokerri & Kyereboso Project
Why Africa?
Technical Summaries

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