• Decrease font size
  • Default font size
  • Increase font size

EITI seeks to create that missing transparency and accountability in revenue flows from the extractive industry....

The initiative encourages, government, extractive companies, International agencies and NGO’s to work together to develop a framework to promote transparency of payments in the extractive industries.

EITI pursues a policy of openness which promotes the concept of tolerance and good governance through the disbursement of royalties to benificiary communities and public disclosures...

Government's strategy for the sector is based on the recognition that the development of solid minerals in a sustainable manner can not be achieved without a deep involvement of the affected communities.

The EITI strategy calls for the definition of effective ways and means to empower and engage mining communities in the development process and to promote responsible behavior....

News Flash

Aggregation Reports for Download

NewAggregation Report for 2010/2011 Uploaded. Click here to download. Other Aggregation reports for 2006, 2007, 2008, 2009 in zipped formats are available from the Publications section. Please click [HERE]

News Flash 2

Aggregation Reports for Download

NewAggregation Report for 2010/2011 Uploaded. Click here to download. Other Aggregation reports for 2006, 2007, 2008, 2009 in zipped formats are available from the Publications section. Please click [HERE]

Welcome to The Ghana Extractive Industry Transparency Initiative
WB Tags Mining Companies As West Africa’s Economic Stimulant PDF Print E-mail

World Bank (WB) has tasked West African mining companies to procure more equipment, supplies and services from local companies to boost economic growth in West Africa. “Increasing local procurement by the Mining Industry in West Africa will spread the benefits of mining more evenly across a country’s economy, creating jobs and stimulating the sustainable development of local enterprises,”.

Read more...
 
Duffuor Inaugurates Team To Review Mining Stability Agreements PDF Print E-mail

The Government today set up a seven-member team to review and re-negotiate stability agreements it had entered into with some mining companies to ensure that the country derived maximum benefits from its resources. Finance Minister Dr Kwabena Duffuor, who inaugurated the team, said the review was necessary as the nation had benefited little from dividends and record world prices of gold.

Read more...
 
Tullow sets production projections for 2012 PDF Print E-mail

TULLOW Oil says it expects production at its Jubilee oil field to average between 70,000 and 90,000 barrels of oil equivalent per day (boepd) for 2012.

"Gross Jubilee production is currently over 70,000 boepd and following a number of remedial activities, it is expected to average 70,000 to 90,000 boepd in 2012," the company said in a trading statement and operational update.

Read more...
 
Opening Remarks By Mr. Enoch H. Cobbinah Chairman of GHEITI NSC, Chief Director, MOFEP PDF Print E-mail

GHEITI Annual Retreat Sogakope, Villa Cisneros Hotel - January 6-9, 2012

Colleague Chief Directors and Ghana EITI National Steering Committee Members,

Good morning and happy new year to you all.

1.     I have been informed that the objective of this meeting is to take stock of the EITI implementation in 2011 and plan for 2012. It is a nice way to start the New Year with an assessment of our work in 2011 and a discussion of strategies for 2012.

Read more...
 
Investment inflow in mining sector hit 770 million dollars last year PDF Print E-mail

Investment inflow into the country’s mining sector hit 770 million dollars last year, up from the 2009 figure of 726 million dollars. This brings the total money pumped into the sector within the last 10 years to approximately 6.4 billion dollars. The investments came from companies that are engaged in gold production, exploration and support services.

Read more...
 
Newmont serious about engaging local communities PDF Print E-mail

Mr. Paul Sowley, General Manager of Environment and Social Responsibility of the Ahafo Mine of Newmont Ghana, has reiterated that the company’s commitment to involve all stakeholders in the execution of programmes that would promote unity and social cohesion. “The involvement of all our 10 communities host communities around the mine amongst others is to strengthen cordial relations and foster unity between the communities and the mine,” he said.

Read more...
 
Oil Receipts for 1st - 3rd Quarter, 2011 PDF Print E-mail

Pursuant to Section 8 of the Petroleum Revenue Management Act, Act 815, 2011 (PRMA), which requires the Minister to publish petroleum receipts (defined in Section 6 of the Act); total output lifted; and the reference price on a quarterly basis.

Read more...
 
Ghana Extractive Industries Transparency Initiative (GHEITI) Workshop On 2009 Audit Report Findings 23th - 26th November, 2011 PDF Print E-mail

Having successfully launched the 2009 GHEITI Audit Report on 26th October, 2011, the GHEITI Secretariat together with the GHEITI National Steering Committee wish to embark on a series of dissemination and capacity building workshops and community forums.

Read more...
 
Jubilee partners make corporate social responsibility address real needs PDF Print E-mail

Given the negative attention that international oil companies have attracted in recent times, in respect of the perceived greed that underline their business practices, and sometimes disregard for environmental standards, it appears the Jubilee partners operating in Ghana's flagship commercial oil field are desirous to tell a different tale by ensuring that host communities also reap from their profits.

Read more...
 
Rolling out EITI in the petroleum sector: GHEITI CONSULTS STAKEHOLDERS ON REVENUE DATA TEMPLATES PDF Print E-mail

A major assurance to both Ghanaians and the country's development partners that Ghana may not after all, go the way of its neighbouring African oil producers, for whom the discovery of oil has been more of a curse than a blessing, is the declaration of intent by the National Democratic Congress (NDC) government to extend the Extractive Industries Transparency Initiative (EITI) to the oil and gas sector.

Read more...
 
Government urged to disaggregate oil expenditures in the budget PDF Print E-mail

In the wake of increasing expectation of a positive impact of Ghana's oil revenues on the lives of the citizenry, it is becoming clear that such impacts will be difficult to tell if oil revenue expenditures in Ghana's budget are not disaggregated. "Once the oil revenues are not disaggregated in the budget, it will be difficult to tell how much has been allocated to the various sectors," argues Mohammed Amin Adam, Africa Against Poverty (AAP) Programme Coordinator at Ibis West Africa.

Read more...
 
<< Start < Prev 1 2 3 4 5 6 7 8 9 Next > End >>

Page 5 of 9

Search

GHEITI Newsletter - Jan. 2014

GHEITI Newsletter Jan. 2014

Regional Conference 2012 Report

GHEITI Regional Conference Report 2012

GHEITI Mining Report - 2010-2011

Report on the Aggregation & Reconciliation of Mining Sector Payments & Receipts: 2010-2011
Report on the
Aggregation & Reconciliation
of Mining Sector Payments & Receipts:
2010-2011

GHEITI Oil & Gas Report - 2010-2011

Report on the Aggregation and Reconciliation of Oil and Gas Sector - 2010-2011
Aggregation & Reconciliation
of Oil & Gas Sector
Payments and Reports
2010 - 2011

Latest Events

Visitors Online

We have 5 guests online