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. "This company has not only trespassed into protected reserves but has become a criminal syndicate, selling access of the Aboi Forest Reserve to illegal miners for a staggering GH₵300,000 per concession. "Worse, these illegal miners operate under Akonta's protection, devastating the River Tano and surrounding forests with impunity," Mr Buah said.
