4 types of natural resources in ghana

Explain how four (4) of the following categories of natural resources. Ghana will devolve increasing power to Regional and District Assemblies in the coming years. Energy resources iii. Resources is a very broad term, it is basically anything that can be considered a valuable addition. Ghana is continuing to lose its forest resources at an unsustainable rate. Exclusive facts regarding the biggest gold producer in Africa. My view. windfall in Ghana The model features a natural resource sector, investment efficiency and absorptive capacity constraints, Dutch disease effects, and a resource fund. December 23, 2016. Manganese. Ghana is Africa's largest gold producer, producing 80.5 t in 2008. The types of business resources will impact the sustainability of the organization along with its profitability.For example, if the organization achieves double the sales target decided, and the company starts to grow rapidly, then the company will keep on growing only if you understand what key resources are and which key resources are impacting increased demand. Renewable resorces is something that can be renewed. Overview of the Influence of Natural Resources and Population Distribution on Spatial Development in Ghana @article{Bukari2014OverviewOT, title={Overview of the Influence of Natural Resources and Population Distribution on Spatial Development in Ghana}, author={Francis Issahaku Malongza Bukari and R. Aabeyir and Prosper Laari Basommi}, journal={Journal of … Wildlife and Range Management, Faculty of Renewable Natural Resources, CANR, KNUST, Kumasi, Ghana. These resources include land, rocks, forests (vegetation), water (ocean, lakes, streams, seas, and rivers), fossil fuel, animals (fish, wild life, and domesticated animals)… The most recent exports are led by Gold ($10.8B), Crude Petroleum ($4.68B), Cocoa Beans ($1.61B), Cocoa Paste ($504M), and Manganese Ore ($ This is because aluminium is very resistant to corrosion and it is very light. NATURAL/ECOTOUTISM RESOURCES. For example, the people of Ada depend on salt mining, the people of Obuasi also depend on gold etc. Natural resources include oil, coal, natural gas, metals, stone, and sand. Ghana currently has one of the strongest economies of West Africa's countries due to its richness of natural resources. Gold is a very precious metal that conducts electricity, is not easily breakable and can take up many forms without it being destroyed. Ghana, like most West African countries, has daunting environmental challenges since its economic development depends directly on natural resources… Ghanaians have been drilling oil for quite some time; then, in 2008, Kosmos Energy LLC struck liquid gold. Non-renewable would include oil, coal, natural gas, and mined metals/minerals. Corpus ID: 54578685. NATURAL/ECOTOUTISM RESOURCES. Be the first to get hottest news from our Editor-in-Chief, Check your email and confirm your subscription. ... Land pertains to all natural physical resources, including all raw materials used in the manufacture of goods and services. The next year, the oil production had reached a high of 1.9 million barrels. The key aspect of natural resources is that they dictate the survival of humans and other life forms on earth. supports national economic growth and development in Ghana: i. In 2010 production commenced. Forests . This important and highly valuable mineral was discovered by the small-scale miners. DISCLAIMER . If you plant an apple seed after awhile there will be a new apple tree! Akwaita was where the diamonds were first found in Ghana. Diamond in Ghana. Elmina and Cape Coast castles, Manhyia Palace Museum which has historic relics and artifacts of Ashanti Kings. Natural resources are materials or substances such as minerals, forests, water, and fertile land that occur in nature and can be used for economic gain. You are already subscribed to our newsletter! The Hon. Have you ever experienced the feeling of satisfaction? The shares bagged a total of 250 million dollars which the government aimed at adding in its development agenda. Well, it is because of the various ways in which you can use the natural resource. Oil in Ghana. Ghana is the second-largest gold producer in Africa. These minerals are mined and exported from the country. The four natural resources are renewable, living, non renewable, and fossil fuels. They include; Do you think it was just by chance that the colonialists called Ghana the “Gold Coast” ? Natural resource management (NRM) is the management of natural resources such as land, water, soil, plants and animals, with a particular focus on how management affects the quality of life for both present and future generations (stewardship).. Natural resource management deals with managing the way in which people and natural landscapes interact. Ghana is a country endowed with various abundant natural resources. Looking at the examples of natural resources, gold is one of those important ones. Before this time, the Ashanti Goldfields Corporation(which the government had 55% in share capital) was the major gold producer in Ghana with only 20% of the gold in Ghana not being produced by them. Giving environmental permits to the industries and control pollution. Natural resources fall under two main categories: Renewable and Non-renewable Resources. Energy sources like the sun, wind, and water are all considered to be modern alternatives to fossil fuels.Since the 19th century, humans have relied on fossil fuels like coal, gas, and oil, to power their homes, light lamps, run engines, and fly planes. The Guyanese government estimated that in 2015, roughly 83.95% of the country’s total land area was covered with forests. With all these natural resources, there are some bodies that have been set up to try and govern and put in check as well as create policies that help improve and sustain the mining industry in Ghana. Prepared by AgNRM Implementing Partner – CECOTAPS . It is one of the most important natural resources not only in Ghana but also all around the whole world. Do you know why gold is so expensive? Thus, the main focus of Ghana's mining and minerals development industry remains focused on gold. The Mining industry of Ghana accounts for 5% of the country's GDP and minerals make up 37% of total exports, of which gold contributes over 90% of the total mineral exports. About WLE The CGIAR Research Program on Water, Land and Ecosystems (WLE) combines the resources The exploration of manganese in Ghana can be traced back to the early 1970s. Indeed, Ghana is not new to natural resources exploitation , gold mining for example has being taking place in Ghana for over hundred years, yet poverty and corruption remain the key development challenges. The deal would also include the improvement of bauxite mining, alumina refining and aluminium production. Existing dams include the 912 MW Akosombo plant, Kpong (140 MW) and Bui (400 MW) plants all on the Volta river. You don't believe me? Water resources ii. Due to the high level of electrical conductivity of gold, it is not strange to find electrical appliances made with some gold. Some of the uses of gold are; Do you know that over 70% of the gold that is mined in the world is used to make jewellery? Some unscrupulous companies do not take the environmental degradation that their activities may cause seriously. Wildlife species - 222 Mammals, 128 reptiles, 38 amphibians, 721 bird species. Ghana’s rapid population growth is reflected in the rapid expansion of the Settlements land cover class. They are very important to our life and existance. Before the exploitation of oil in Ghana, the oil was imported. Renewable includes wind, water, solar power, etc. Companies must categorize payments into one of seven payment types, such as taxes and royalties. The European Union (EU) Ambassador to Ghana, H.E Diana Acconcia has today 31st March, 2021 paid a courtesy call on the Hon. Any organic material used by humans can be considered as a natural resource. This is in contrast to Nigeria (most populous black nation in Africa) who solely depends on oil as her major base of the country. Africa … Are classify in RENEWABLE NON RENEWABLE It can conserve and recover, if we can take care and explote in a good way. Oil production in Ghana started in 2011. For this reason, the Ghanaian government came up with the idea of forming a body to help deal with this situation. Religious monuments such as Larabanga Mosque which is among the oldest mosques in West Africa. It was tasked with, among other things, working in conjunction with other government bodies and international bodies with an aim of ensuring the mining activities do not negatively affect the environment. Cacao, diamonds and manganese are some of the resources naturally found in Ghana. With all these well endowed mineral & natural resources found in Ghana, the country boasts to have twice the per capita output of the poorest countries in West Africa as Gold, timber, cocoa, diamond, bauxite, and manganese exports are major sources of her foreign exchange. It was not until the year 2008 that commercially viable deposits of crude oil were discovered in Ghana. And how can the resource curse … Some examples of limited resources include coal, nuclear, natural gas, metal ores and oil. Geography and Natural Resources. Nigeria today is … The British colonists built railways and a complex transport infrastructure to support the shipment of such commodity goods. The United Nations Conference on Trade and Development (UNCTAD) has commissioned this country case study on natural resources management and sustainable development in Ghana, with particular reference to the gold sector. Chizoba is a seasoned Information blogger, content developer and the founder of Nigerian Infopedia. This is because Ghana is said to have 23 large scale and a little over three hundred small-scale mining companies that produce some of the major natural resources found in the country. Most diamonds are aged between 1 billion years to 3 billion years old and thus explains their expensive nature. In terms of energy resource endowment, the country cannot be compared to other countries. Fuel minerals like coal, oil and natural gas have been given prime importance as they account for nearly 87% of the value of mineral production whereas metallic and non-metallic constitutes 6 … After this discovery, companies would later come forward and explore different parts to see if they can find deposits of diamonds. Examples of natural resources include water (seas, ocean, rivers, streams, and lakes), land, air, forests, sunlight, rocks, minerals, animals, fossil fuel among others. Feed the Future Ghana Agriculture and Natural Resource Management Project . Well, if you did, let me correct you. If you have ever wondered what is meant by natural resources then you are in the right place. Well, it is because of all the natural resources in Ghana. While its economy is one of the most successful in the region, it remains heavily dependent on international finance. We all know that numbers don’t lie right? It is one of a series of … The Lands Commission – This is the commission tasked with the legal aspect of mining by keeping legal records and examining new applications for mining industries. Speaking in an interview with GhanaWeb, they said cash crops such as cocoa, cashew, timber, rubber and other plantations are under serious production in the region, and would contribute heavily to the prospects of agriculture in Western North. (See Table 1.) Proper utilization of these resources is one of the primary reasons for Guyana’s economic growth. Mineral resources iv. This can be derived from the fact that the government in 2005 looked to improve the exploits of the mineral by signing a memorandum of understanding to develop the industry including also putting in place infrastructure and improving the rail transport to help in the transportation of the mineral. The Ghana economy is driven agriculture and natural resources. A pure diamond that has no impurities are crystal clear. This black-and-white Sahelian structure has a distinct mud minaret with wooden poles jutting out, similar to other mosques in West Africa such as those found in Timbuktu, as well as other buildings with ancient Sudanese architecture. If Ghana could talk, she would be the perfect example of someone who is blessed and satisfied. This body is also responsible for, READ ALSO: List Of Mining Companies In Ghana 2018, Get the news that matters from one of the leading news sites in Ghana, Photos of Akua GMB and Dr Kwaku Oteng's rarely seen daughter pop up as she celebrates 2nd birthday with her father, Girl from small village in Upper East turns best graduating chartered accountant with 4 awards, Ghana Facts Life Hacks DIYS and Practical Tips. Ghana is exploring opportunities for alternative energy The ability of the mineral to improve the resistance of corrosion makes it very resourceful in creating aluminium alloys. Air, sunlight, soil, and water are other natural resources. This now brings us to the next question, how have the natural resources impacted the Ghanaian economy? Given the political For example, aeroplanes, trucks, rail cars, ships, bicycles and even the spaceships. Improvement of the economy – natural resources are harnessed and for a country like Ghana, they are exported. In the world, the oil in Ghana is believed to be at number 25 of the largest oil reserves. Natural resources refer to the things that exist freely in nature for human use and dont necessarily need the action of mankind for their generation or production. After the discovery, the government moved fast and established a diamond placer mine and operated the mine through the Ghana Consolidated Diamonds Ltd (GCD). In 2017, the President of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo appointed him as Deputy Chief of Staff in charge of operations at the Office of the President. The Guyanese economy is heavily dependent on natural resources such as arable land, minerals, and forests. You will be surprised to find out that the mining of minerals in Ghana contribute 5% of the country's GDP. An example of the impurities that affect diamonds is nitrogen and boron. Ramdan 12 Natural Coffee, Stavia Sugar, Dr.’s Secret, Miss Queen Fruit, Soyayya Bio herb (men), Soyayya Lady’s Coffee, Ghana, Accra, Kumasi We deliver to you! From 1,460 sq km in 1975, urban areas expanded to 2,560 sq km in 2000 and 3,830 sq km in 2013, a 161 percent increase over 38 years. The British exploited and exported a variety of natural resources such as gold, metal ores, diamonds, ivory, pepper, timber, grain and cocoa. For the records, the agrarian sector in the country employs up to 60% of the Ghanaian workforce which sums up about 44% of the country’s GDP. Ghana has generous water resources that have the potential to provide 2,420 MW of hydroelectricity (REEEP, 2014). The Mining industry of Ghana accounts for 5% of the country's GDP and minerals make up 37% of total exports, of which gold contributes over 90% of the total mineral exports. There are 2 types of natural resources: renewable and non-renewable. The company is a subsidiary of the Canadian owned Red Back Mining Inc company. 4 PREFACE i. However, the exploitation of these resources, coupled with the overall lack of environmental awareness, has devastated the country's forests. This is the major cause of wasteful exploitation of our natural resources. Thus, the main focus of Ghana's mining and minerals development industry remains focused on gold. The Ministry of Lands and Natural Resources – The ministry has been tasked with the responsibility of overseeing the smooth running and to create rules that govern the mining industry. Renewable resources Renewable resources are those that are regularly available (like water) or can be reasonably replaced or recovered, like vegetative lands. Although, the agricultural sector remains a vital sector of the economy, there are other natural resources found in Ghana that makes it one of the richest countries in Africa. Some of them include: Natural resources have a lot of positive as well as negative effects. He is a tech enthusiast who loves reading, writing and research. Since then, the exploitation of this mineral has continued all over the country. The AngloGold Ashanti Ltd, one of the largest gold producers in the world, operates a number mines including the Iduapriem, the Bibiani, and the Obuasi gold mines. The Larabanga Mosque in the Northern region is the oldest mosque in Ghana, and one of the oldest in West Africa, thought to date back to 1421. Economics and Land Use in Ghana . Oil has been mined in Ghana since the late 19th century. When you look at the map of Ghana, you will notice that it is a relatively small country located in West Africa in the Gulf of Guinea coast, these mineral resources locations are not in a particular area or region. Ghana is divided into ten regions, and its capital is Accra. The kind of resources that help fuel the economy by creating employment and also bringing the country a lot of revenue. Let us take a look at the two broad types of resources - natural resources and man-made resources. Some of the natural resources available in Ghana include gold, timber, industrial diamonds, bauxite, manganese, fish, rubber, hydropower, petroleum, silver, salt and limestone among others. Cacao and Major Commodities Ghana is enormously rich in natural resources and is able to use these commodities to foster economic growth. They were discovered by the company called Kosmos Energy LLC. Aluminium is used in the creation of aluminium foils used to package food and also in making soda cans. 20 … Just as the exploitation of these resources come with positive effects, there can also be negative effects. Some of the positive effects of natural resources include; Creation of employment – the companies that seek to exploit natural resources need a workforce and for this reason, they seek to employ the local citizens. The minerals that Ghana exports are responsible for 35% of the total revenue that is collected by the government. Not satisfied? Their efforts would later pay off in 2006 when a total of 83 diamonds would be discovered. A Study of Natural Resource Utilization in Ghana. Land Tenure and Natural Resource Access in Northern Ghana – With a focus on women. The 18th century saw the gold industry in Ghana grow significantly. The various communities in Ghana have different natural resources they depend on in order to develop their communities. They consist of all things that do not come under man-made creations, where what we see around us that takes its course without the intervention of humans, is what would account as a natural … There are several things used in construction that are made by aluminium including windows, roofs and building wires. Manganese has several uses. However, if the practice is not closely monitored, there is bound to be a large number of negative effects that may arise. They can either be used in their natural form or processed and manufactured into artificial products for consumption. 1 decade ago. The Chirano gold mine is operated by Chirano Gold Mines Ltd. Natural resources are what occurs in nature in their original, untouched form – unless of course man disturbs this. What has Ghana done to avoid the resource curse syndrome? Ghana is endowed with a lot of natural resources but we lack trained and skilled people to exploit these natural resources. For an example, an apple tree. Most countries in Africa are blessed with lots of resources such as gold, diamond, crude oil, vast lands inter alia. Types of Mineral Resources: Minerals in general have been categorized into three classes’ fuel, metallic and non-metallic. Aluminium has several uses. Abstract. The government also wanted to have a stake in the mining of aluminium. One of the uses of this precious mineral is the purification of steel. Nigerian Infopedia is Nigeria's authoritative top quality information website that provides resourceful information about her culture, people and things associated with Nigerians. 5 stereotypes about tourist sites In Ghana that aren't always true. Some electronic materials are coated using aluminium. It is a rectangular-shaped country bordered to the north by Burkina Faso, the east by Togo, the south by the Atlantic Ocean and the west by Côte d'Ivoire. However, a diamond is as hard as it is pure, meaning the purer the diamond the harder it is. Date Written: September 2007. This is the most naturally occurring metallic mineral in Ghana, making Ghana the 2nd largest gold producer in... Crude Oil. Technical experience preferred in one or several of the following: transboundary water management, natural resource management, weather ... 4 weeks ago In 2011, the mining sector accounted for 56 percent of exports up from 12 percent in 2010 due to the recent discovery of oil in the country. The four types of economic resources are labor, land, capital and entrepreneurship. There are various natural resources in Ghana which have been and continue to be exploited. You should know that diamond is the hardest mineral in the world. v. Training of human resources. 540 kilometres coastline with sandy beaches, Waterfalls, (Kintampo Waterfall, Wli … woodland resource have been very limited. There is also the Bogoso gold mine and the Wassa gold mine that is operated by a Canadian company; Golden Star Resources. This means that jewelery becomes the common form of gold that reaches consumers all around the world. Some musical instruments, like guitars, are made using aluminium. The table below will help us understand this better. READ ALSO: Best Investment Companies in Ghana. Geography. Some of the negative effects include pollution. The oil deposits in Ghana are believed to be the 6th largest in Africa. The deposits were believed to be about 6 million barrels. All the oil that was imported into the country was refined at the Tema Oil Refinery. You have entered an incorrect email address! One of this companies was Paramount Mining Corporation Ltd that entered into an agreement with Leo Shield Exploration Ghana Ltd to try and find more diamond reserves. https://nigerianinfopedia.com.ng/ghana-natural-resources-found-in-ghana One element of this will place control over natural resources in the hands of these bodies. In Ghana the majority of international mining companies, including Asanko Gold, 20 National Parks and reserves covering approximately 5% of Ghana’s total land surface. These resources are also called the factors of production. In 2019, Ghana exported a total of $21.7B, making it the number 72 exporter in the world. The following two years saw the government release its hold of the AGC by opting to put in the market half of its share capital in the company. It is not uncommon to find a person with a gold tooth. This has formed the basis for the transport infrastructure in modern-day Ghana. It is predominantly an agricultural country. The manganese from Ghana is exported to various foreign and especially European countries where it is put into use. Looking at the map of Ghana you will see that Akwaita is located in the Brim Valley. Forest and Wildlife resources This paper reviews the importance of traditional natural resources management practices in Ghana. In Nigeria for example, the search for crude oil can be traced back to the 1903s where exploration for oil, coal and bitumen were intensely undertaken. In another area, the company discovered 72 diamonds.This also in the year 2006. Ghana has one of the stronger economies of sub-Sahara Africa due to its array of natural resources. What do people mean when they say they are blessed? Natural resources are Earth materials used to support life and meet the needs of people. Human resource must be trained in order to develop their skills to exploit our natural resource efficiently. Check your inbox to be the first to know the hottest news. Types of Natural Resources The World Bank defines natural resources as “materials that occur in nature and are essential or useful to humans, such as water, air, land, forests, fish and wildlife, topsoil, and minerals.” 3 These resources can be The Natural Resource Governance Institute, an independent, non-profit organization, helps people to realize the benefits of their countries’ oil, gas and mineral wealth through applied research, and innovative approaches to capacity development, technical advice and advocacy. The Minister for Lands and Natural Resources Hon. It is a computer-based The people who do … Coast and the Togoland trust territory, Ghana, in 1957, became the first sub-Saharan country in colonial Africa to gain its independence. They are also the second producer of Cocoa in the world. Small amounts of impurities can completely discolour a diamond blue or yellow for nitrogen and boron respectively. This was excluding the oil destined for the Takoradi thermal power-plant. This mineral is introduced to steel to help rid the steel of excess sulphur, phosphorus and oxygen to improve the ability of the steel to be shaped to desired models. However, there have been some steps that have been taken by The Building and Road Institute of the Council for Scientific and Industrial Research of Ghana to examine the possibility of producing cement in Ghana. Internal revenue Mining of natural resources such as gold, diamond, salt etc., bring money when they are exported or processed into finished products and are sold. Oil revenues were projected to surpass mining receipts in the future, but with the fall in the prices of oil, it becomes to early to access whether the oil industry will thrive as the agricultural industry. Ghana is considered as one of the major exporters of manganese in the world. The country is also home to one of the largest oil discoveries in recent history, containing at least 3 billion barrels. The Chamber of Mines – This is the body that mining companies’ representatives sit in. They went ahead to test the possibility of creating cement from the bauxite mining waste. Looking at the... 3. These include gold, timber, industrial diamonds, bauxite, manganese, fish, rubber, hydropower, petroleum, silver, salt, and limestone. Gold Fields Ltd which is a South African company controls the Damang gold mine and the US-based Newmont Mining Corp mine in the Ahafo and the Akyem gold mines. 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It is found in almost all devices including mobile phones, televisions, HDMI cable and many more. This, therefore, leads to them being negligent and in turn, they contribute to pollution. All these resources cut across the agricultural, mining and human sectors. Aluminium is another important mineral in Ghana. Traditional Natural Resources Management Practices and Biodiversity Conservation in Ghana: A Review of Local Concepts and Issues on Change and Sustainability P. Sarfo-Mensah and W. Oduro NOTA DI LAVORO 90.2007 SEPTEMBER 2007 NRM – Natural Resources Management Sarfo-Mensah, P. Bureau of Integrated Rural Development, College of Agriculture and Natural Resources (CANR), Kwame Nkrumah … 7. Explore types of communities, energy, clouds, landmarks, plants, food, oceans, and much more. We are happy to interview Nana Owusu-Ansah from the Wildlife Division of the Forestry Commission of Ghana about the research he is conducting in the Gbele Resource Reserve in the Upper West Region of Ghana. The country’s domestic energy resources are crude oil, natural gas, hydropower and other renewable energy sources such as wind, solar and traditional biomass. Minister for Lands and Natural Resources, Samuel A. Jinapor (MP).

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