Who We Are

The Mandate

The MDF was established by Act, Act 912 passed by Parliament in March, 2016 to provide a more reliant and predictable source of funding development initiatives in mining communities.

The mandate of the Fund is to provide “financial resources for the direct benefit of mining communities, a holder of an interest in land within mining communities, a traditional and local government authority within mining communities and an institution responsible for the development of mining in Ghana.

Mission

To provide financial resources for direct benefit of mining communities, traditional and local authorities, holders of interest in land and institutions responsible for the development of the mining sector.

Vision

To become a trustworthy Public Mining and Minerals Development Fund.

Fund Objective

The objective of the Fund is to provide financial resources for the benefit of:

  • A mining community;
  • A holder of interest in land within a mining community;
  • A traditional and local government authority within a mining community; and
  • An institution responsible for the development of mining.

Our Values

  • Honesty
  • Trustworthy
  • Accountability
  • Intergrity
  • Equity
  • Professionalism
  • Competency
  • Transparency

Purpose of The MDF's Establishment

Under Section 3 of the MDF Act, Act 912 (2016), funds shall be applied to relevant activities, as determined by the Board, to achieve the objectives of the Fund, including the following:

  • Redress the harmful effects of mining on affected communities and persons.
  • Promote local economic development projects and alternative livelihood projects in communities affected by mining activities;
  • Undertake minerals related research and development of capacity in human resource for mining institutions and institutions that train manpower for the regulatory institutions;
  • Undertake projects aimed at promoting the mining sector; and
  • Support the policy planning, evaluation and monitoring functions of the Ministry in respect of mining related activities.