The Minister for Lands and Natural Resources, Emmanuel Armah Kofi Buah, has directed the immediate revocation of all mining licenses held by Akonta Mining Company Limited.
This follows serious allegations of illegal mining activities (galamsey) and regulatory breaches by the mining company.
Speaking at a press conference on Monday, April 21, the Minister disclosed that Akonta Mining has been implicated in a series of unlawful activities, including engaging in galamsey operations and violating established mining regulations.
In a damning revelation, Mr Buah stated that the company has also been illegally selling concessions within the Aboi Forest to unauthorised miners for up to GH₵300,000, and in some cases, in exchange for gold royalties.
The Minister stated that he has directed the immediate revocation of all mining licences issued to Akonta Mining Company.
The Lands Minister added that the Attorney-General and Minister of Justice, Dominic Ayine, has also been briefed and has taken over the investigations for further action.
He noted that Akonta Mining does not have a lease to mine in the Tano Nimiri Forest reserve, and their mining activities in the forest are illegal and criminal.
Meanwhile, Akonta Mining Limited has denied allegations of engaging in illegal mining activities within the Tano Nimiri Forest Reserve.
In response to the Minister’s claim, Akonta Mining issued a statement rejecting the allegations as “false and misleading” and described the revocation of its license as a breach of natural justice.
Akonta Mining also reiterated its commitment to operating within the law and maintaining transparency in its operations.
