TITLE:
Maximizing Security Operations to Promote Socio-Economic Development in Mining Firms in Ghana
AUTHORS:
Daniel Ofori, Ambrose Amoah-Ashyiah, Benjamin Adjei Dankwah, Stephen Yeboah, Kakraba Ben Komla, Maxwell Acheampong, Kwadwo Kyei Ofori, Michael Oppong
KEYWORDS:
Mining Security, Security Actors, State Security Actors, Non-State Security, Socio-Economic Development
JOURNAL NAME:
iBusiness,
Vol.14 No.4,
November
21,
2022
ABSTRACT: The study investigated maximizing security operations to promote socio-economic development in mining firms in Ghana. The
study respectively drew 1082 security personnel drawn at random from the selected mining firms. Using the sampling ratio
proposed by Cochran (1963: 75) to arrive at variability p = 0.5 (maximum variability) and with the desire of 95% confidence
level and ±5% precision. Hence, this study was based on a sample population of
216 security personnel of the five selected mining firms in Ghana. 91 personnel
from the Anglogold Ashanti, 57 from Newmont, 31 from Ghana Bauxite, 19 from
Ghana Manganese, and 18 from Future Global Resource. The study employed
questionnaires as a data collection tool. The study gathered 146 responses out
of 216 questionnaires administered, representing 68%. The data were analyzed
using frequency tables, pie charts, bar charts, percentages, and line graphs.
The study concluded that not all mining firms have installed security
infrastructure to the fullest. Thus, where there might be CCTV, there might not
be any form of electronic fencing, adequate security gates, and doors, as well
as GPS. It was also revealed that the respective mining firms were faced with
major challenges especially when the community feels insecure or cheated by the
mining firms. The study recommends that the mining sectors should invest in
well-resourced security infrastructure development to enable the security
actors to exercise equal responsibility for warding criminals, firm properties,
and employees, and enforce mining laws to promote the socio-economic activities
of these mining sites.