C & G Alaska Mining Archives - Citi 97.3 FM - Relevant Radio. Always https://citifmonline.com/tag/c-g-alaska-mining/ Ghana News | Ghana Politics | Ghana Soccer | Ghana Showbiz Tue, 03 Oct 2017 16:10:23 +0000 en-US hourly 1 https://wordpress.org/?v=6.0.8 https://citifmonline.com/wp-content/uploads/2019/05/cropped-CITI-973-FM-32x32.jpg C & G Alaska Mining Archives - Citi 97.3 FM - Relevant Radio. Always https://citifmonline.com/tag/c-g-alaska-mining/ 32 32 Companies disrespecting mining ban won’t be spared – Amewu https://citifmonline.com/2017/10/companies-disrespecting-mining-ban-wont-be-spared-amewu/ Tue, 03 Oct 2017 16:10:23 +0000 http://citifmonline.com/?p=358754 The Lands and Natural Resources Ministry has said that all small-scale mining companies found to be hiding under the disguise of reclamation, but continue to mine, will not have their licenses renewed. The sector Minister, John Peter Amewu, who made the announcement during a tour of C&G Alaska Mining Company, operating in the Amenfi East District […]

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The Lands and Natural Resources Ministry has said that all small-scale mining companies found to be hiding under the disguise of reclamation, but continue to mine, will not have their licenses renewed.

The sector Minister, John Peter Amewu, who made the announcement during a tour of C&G Alaska Mining Company, operating in the Amenfi East District of the Western Region on Sunday, October 1, 2017, said such acts are a clear violation of the mining laws.

At the time of the team’s visit, over Four hectares of forest reserves in the Amenfi East district, nearly the size of nine football pitches, was completely gone due to activities of C and G Alaska Mining.

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The River Dia, which is an affluent of River Ankobrah was heavily polluted, and the company had diverted its course for their washing of particles believed to be gold.

Despite the ban on all forms of small-scale mining, over four excavators, 2 washers and other heavy machines were seen on site working.

In an attempt to clarify activities ongoing at his site, Manager of C & G Alaska Mining, Emmanuel Donald Entsuah, told the team it was a reclamation exercise.

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Lands and Natural Resources Minister, John Peter Amewu, who was not convinced with the activities of C&G, asked the company to halt all mining activities, adding that if the company violates the mining laws, it will not have its Mining license renewed.

He further warned that if they are found to be hiding under a reclamation exercise to violate the ban on all forms of small scale mining, they will be made to face the law.

By: Kojo Agyeman/citifmonline.com/Ghana

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Transport Ministry seeks advisor for new national airline https://citifmonline.com/2014/05/transport-ministry-seeks-advisor-for-new-national-airline/ Wed, 07 May 2014 09:10:05 +0000 http://4cd.e16.myftpupload.com/?p=16971 The Ministry of Transport is expected to soon name a transaction advisor to advise government on the establishment of a new national airline. The airline will be run on a public-private partnership basis, and the transaction advisor is expected to advise government on the ownership structure, funding, business model and routes among others. The Ministry […]

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The Ministry of Transport is expected to soon name a transaction advisor to advise government on the establishment of a new national airline.

The airline will be run on a public-private partnership basis, and the transaction advisor is expected to advise government on the ownership structure, funding, business model and routes among others.

The Ministry is currently in the final stages of selecting the winning bid from six transaction advisors that were shortlisted, said Mr. Twumasi Ankrah-Selby, Chief Director of the Transport Ministry.

Government has been keen on creating a new national carrier to tap into the growing aviation industry in Ghana.

The interest also stems from the desire to create jobs, as the aviation industry remains largely labour-intensive.

The country’s aviation industry has been growing at an annual rate of 10 percent in the past decade. International passenger throughput for the 28 airlines flying to Accra hit one million last year. KLM, Emirates, British Airways, Arik and Delta are among the leading carriers in terms of traffic.

“Looking at the growth in the sector over the last decade, if we have a national airline it will generate revenue for the state and help keep some of the profits made by airlines in the country,” Mr. Peter Addai, Air Namibia’s Country Manager, told the B&FT. “We often talk about capital flight, but this is also one of the ways of making money that will stay in the country,” he added.

The bid to launch a new national carrier follows two previous state-owned carriers that collapsed under debt and mismanagement.-

Ghana International Airlines (GIA), the last national carrier that was 70-percent owned by government, ceased operations in May 2010 amid financial challenges and a shareholder dispute.

GIA’s predecessor, Ghana Airways, was once a respected regional and international carrier that was set up in 1958. Years of mismanagement influenced by nepotism and cronyism however brought the airline to its knees, and it was finally liquidated in 2005.

Given this history, analysts believe a new national carrier should be left to private management with little government involvement.

Mr. Ankrah-Selby said a private partner will be asked to take a majority stake and manage the proposed carrier. He said the selection process will be opened up for interested partners to bid, and then government will make a choice.

 

Source: B&FT

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