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).
Procedure 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....
Responsible Institution
36 Second Cantonments Cl, Accra
- Email:
- Website: https://www.mincom.gov.gh/
- GPS: GA-110-0371
- Telephone: 030 277 1318
Relevant Forms to Download
Not Available
Online System
Link Unavailable
Fees/ charges
Not Avaiable
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