The Mineral Commission has prescribed procedures to govern the exportation of gold by Licensed Gold Exporters (LGE) other than the holders of mining leases.
A statement issued in Accra by the Commission said these measures shall be in force until substituted by other procedures that may subsequently be prescribed.
[contextly_sidebar id=”RZciv3uhqB4trEleZTrrHdBd3FOz9yaO”]It said whoever intends to export gold shall inform the Precious Minerals Marketing Company Limited (PMMC) in writing of its export plans at least two working days before the planned weekly export.
It said the LGE shall submit the gold ore to be assayed by PMMC at a designated centre, together with all declaration documents, Packing List and Invoice.
It said the PMMC shall determine the gold content of the gold ore presented by the exporter, using the appropriate assay method as agreed by the LGEs, Minerals Commission and the PMMC.
“The PMMC shall prepare a report of analysis of the gold ore presented by the LGE and issue copies instantly to the Bank of Ghana, the Ghana Revenue Authority Custom Officer stationed at the Assay Centre and the Minerals Commission,” it added.
It said the PMMC shall provide invoice for the LGE in respect of the assay at the agreed rate of 0.1 per cent of the value of gold assayed and the exporter shall pay same to PMMC.
The statement said the payment of this fee was without prejudice to any fee that may be charged by the Minerals Commission.
It said all Gold Buying Agents of the PMMC, prior to this publication, may continue to use their permits until the expiry of the present term of the permit and same shall not be renewed by the PMMC upon expiry.
It said such Gold Buying Agents should immediately contact the Minerals Commission for further directions regarding the use of their permits.
The statement said the GRA Customs Official at the Assay Centre shall inspect and supervise the sealing of the assayed gold ore with the Customs Division’s seal and endorse the Customs Declaration Form.
The sealing of the assayed gold ore by the Customs Official shall be done in the presence of an authorized representative of the Assay Centre, who shall also affix the seal of the PMMC Assay Centre at the same time.
It said under no condition shall gold ore be exported by LGE without the seals of the Customs Division of the Ghana Revenue Authority and the Government designated laboratory like PMMC accompanied with full documentation.
It said all LGEs shall submit monthly returns to Minerals Commission in accordance with the terms and conditions of their licence agreements.