Minerals Commission defends termination of Narawa’s mining leases over $909,127 debt
By Felix Cofie The Minerals Commission has rejected allegations by Narawa Company Limited that its mining leases were wrongfully terminated, insisting that the decision followed due legal process after the company defaulted on annual mineral right fees amounting to $909,127.79. In a statement issued on Tuesday, October 20, 2026, the Commission said the allegations of […]
The Minerals Commission defended its decision to terminate Narawa's mining leases over $909,127 in unpaid mineral right fees. The Commission stated that the company's failure to meet its financial obligations under Section 24 of the Minerals and Mining Act, 2006, and Clause 27 of its lease agreement led to the revocation of its leases.
Narawa allegedly held the Nsutam and Osiem mining leases but breached its contract by not settling the outstanding fees within the stipulated period. The Commission recommended the termination of the leases to the Minister for Lands and Natural Resources, which was approved on August 19, 2025. Following the termination, the Commission confirmed that Narawa no longer holds any valid mineral rights to the concession areas.
The mineral rights have since reverted to the State, and any mining activities by Narawa after the termination date would be considered illegal. The Commission admitted that Narawa had initiated arbitration proceedings to challenge the termination but emphasized that the termination remains in force until a final decision is reached.
It also denounced Narawa's media allegations as improper and misleading, as they should not be used to circumvent established legal processes. The Commission reiterated its commitment to transparent and lawful administration of Ghana's mineral resources.
Written by urgent.news from GBC Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
