MIIF Surveillance Project
MIIF Digital and Geo-Mapping System (D-GMS)
The MIIF D-GMS, is a Geographical Positioning System (GPS) rooted program that is aimed at mapping and geo-locating all mineral producing institutions in the country.
MIIF Digital and Geo-mapping System, inculcates the use of Microsoft Excel, Google Earth and ArcGIS to give a well streamlined worth of information plotted on maps both for online and offline purposes. It is a system that will not only look at the major gold producers but also map and monitor the activities of small scale gold producers, quarries, salt producers, sand winners, lithium producer and any other mineral excavated that it capable to be mined less bauxite.
MIIF Digital and Geo-Mapping System, D-GMS for short, will run with a backend processing software (ArcGIS) and have a web-based output.
Major functions that D-GMS will accomplish include and not limited to;
- Provide precise locational intelligence on current mining activity across the country. This will in its entirety help MIIF staff when there is the plan to visit such production sites.
- Be a baseline for present mineral extraction extents which can be used in understanding historical change and future growth potential of mineral production.
- D-GMS also will also be used as a basis for monitoring mining operators in their area of operations.
- D-GMS will also run a popup feature on ArcGIS that will give a summary of the mineral production companies.
- It helps in the development of new regulations with regards to mineral exploration and production in the country.
- D-GMS will be used also to create story maps for both management and public use.
MIIF Digital and Geo-Mapping System, has a lot of future potential. It can be used as the base for future systems such as a GIS database to monitor mineral production extensively, estimate mineral resources, create apps that will be readily and easily accessible on phones.
SPECIAL PURPOSE VEHICLES (SPVs)
The Minerals Income Investment Fund (MIIF) incorporated Agyapa Royalties Limited, a pure gold royalties company,in November 2019, and will receive a portion of the Fund’s gold royalty’s income from specified mining leases. Agyapa Royalties will specialise in providing finance to fund exploration and production projects for mining companies and in return, receive royalties on the project’s production, or rights to a stream of gold. The key benefit of royalty companies is that they provide exposure to a mining company’s performance and growth without exposure to operating and capital costs.
It is the MIIF’s intention to list Agyapa in order to raise a diversified source of long term capital. Currently, Agyapa is 100% owned by MIIF on behalf of the Government of Ghana (GoG). Once the Company is listed on the London Stock Exchange and Ghana Stock Exchange, MIIF will be the largest shareholder, hence Agyapa Royalties will be ultimately majority-owned by the GoG.
Quarry Value Addition Program (QVAP)
Small-Scale Mining Incubation Program (SSMIP)
