Ghana Chamber of Mines CEO, Ken AshigbeyThe Ghana Chamber of Mines CEO, Ken Ashigbey, is calling for the urgent development of a Minerals Revenue Management Act to protect the country from future commodity price shocks and secure medium-term fiscal stability. “We need to get to the point where we have a Minerals Revenue Management Act that then guarantees that we have something in our Stabilisation Fund,” he stressed. The proposed law, he explained, should ensure that a portion of mining revenue is set aside during periods when prices fall, while also directing some of the gains into productive long-term investments. Mr Ashigbey also revealed that the Chamber proposed an additional 1% levy on net profit to fund development projects in mining communities. “We need to make sure that you’re putting money away into places that when things go hard, you’re able to recover,” he said.