MIIF Surveillance Project
The MIIF Surveillance Project is being implemented to:
- Provide precise location intelligence on current mining activities across the country;
- Create a baseline for present mineral extraction extents which can be used in understanding historical change and future growth potential; and
- Serve as a tool for monitoring mining operations.
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)
