Narawa Alleges Theft Of GH¢100m In Gold-Bearing Materials

NARAWA Company Limited, a Ghanaian gold mining firm in the Fanteakwa South District of the Eastern Region, has accused an unlawful takeover of its mining concession, resulting in the theft of gold-bearing materials and concentrates worth roughly GH¢100 million. Additionally, infrastructure valued at over US$2 million was destroyed, causing significant financial losses and disrupting operations.

Head of Corporate Affairs at the company, Mrs. Doris Addo, informed that the occupation began on August 12 and has prevented the management from accessing the concession to gauge the damage, hindering environmental management and mitigation responsibilities. Mrs. Addo reported that gold-bearing materials valued at approximately GH¢100 million were removed from the concession, while infrastructure worth more than US$2 million was destroyed.

The company also alleged that some individuals, possibly foreign nationals, engaged in illegal mining on the concession. They called for investigations into these activities, identifying the individuals responsible, and restoring access to the concession. Mrs. Addo urged the Ghana Police Service, Ghana Armed Forces, Minerals Commission, and other relevant institutions to address the situation, emphasizing that the company holds valid mining and possession rights protected by High Court orders.