The various types of Mineral Rights and Licences available in Ghana
LICENSE TYPE | PURPOSE | AREA | MAXIMUM DURATION |
---|---|---|---|
Reconnaissance Licence (RL) | Regional exploration not including drilling & excavation | Blocks of 21 hectares, not exceeding 5,000 contiguous blocks | 12 months renewable |
Prospecting Licence (PL) | Search for minerals and evaluation | Not exceeding 750 contiguous blocks | 3 years, renewable with reduction of area to not more than half |
Mining Lease (ML) | Extraction of minerals | Not exceeding 300 contiguous blocks | 30 years or less depending on mine life. Renewable |
Restricted Mining Lease (RML) | Building and Industrial minerals | Not exceeding 300 contiguous blocks | 15 years or less depending on mine life. Renewable |
Small Scale Mining Licence (Reserve for Ghanaians only) | Extraction of minerals | In accordance with the number of blocks prescribed in Regulations | 5 years, renewable |
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