The government, through the Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, has announced the immediate revocation of all mining licences held by Akonta Mining Company Limited.
The decision follows what the Minister described as “overwhelming evidence” of illegal mining and criminal syndication.
Mr. Buah, who also serves as the Member of Parliament (MP) for Ellembelle, announced the revocation at a press conference in Accra on Monday.
He acknowledged that Akonta Mining was legally registered and granted a lease to mine off-reserve. However, the company breached mining regulations, including operating illegally in protected forest reserves.
“This company has not only trespassed into protected reserves but has become a criminal syndicate, selling access to 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,” he stated.
Mr. Buah further explained that an undercover investigation uncovered a systematic illegal operation led by Akonta Mining, with company representatives allegedly negotiating illegal sub-leases. In exchange, weekly royalties of up to 250 grams of gold were reportedly paid back to Akonta by the illegal miners.
The findings also implicated forestry officers and security personnel in a widespread scheme that enabled the mining activities to continue unhindered.
“Part of the GH₵300,000 fee goes to Akonta Mining, a portion goes to individuals identified as Mr. Henry and ‘Shark,’ and another portion to some forestry and security officials who provide protection and tip-offs,” Mr. Buah added.
Credit: adomonline