A legally registered mining company in Obuasi is on the verge of collapse after its concession at Anyankyirem was forcibly taken over by illegal miners.
Mining and Construction Services, operators of what was projected to be the second-largest mine in the Adansi enclave of the Ashanti Region, says the invasion has stalled operations and is causing heavy financial losses.
Managing Director Andy Amoah disclosed that investors are losing thousands of dollars daily as illegal miners operate with impunity. "They mine in broad daylight, destroying the land while lawful businesses are pushed out.
We have followed every environmental and legal requirement, yet no one seems able to protect us.
