15
Jun
The Ghana Chamber of Mines (GCM) has reiterated the need for exploration companies to be exempted from the payment of Value-Added Tax (VAT) on drilling and laboratories. That, the President of the GCM, Mr Joshua Mortoti, said, would help attract exploration capital to the country’s mining industry. Addressing the 95th annual general meeting of the GCM as part of the 2023 and 5th Mining and Energy Summit in Accra at the weekend, he said exploration investment in Ghana had declined significantly in recent years. “This is alarming for a country where mining is critical for forex and fiscal revenue generation,”…