Northern Ashanti Mines seeks injunction to block government takeover of $110m mine investment

Northern Ashanti Mines Limited Company has filed an injunction request at the High Court in Accra, aiming to prevent the government from taking control of its Konongo concession mine. The company warns that over $110 million in committed expenditures could be jeopardized by the government takeover. The application seeks to restrain the Minerals Commission and the Minister for Lands and Natural Resources from seizing the mine or transferring it to third parties until the court decides its challenge to the mining lease termination.

The Attorney-General is also mentioned as a respondent. The Minerals Commission officials, along with military personnel, allegedly visited the mine on October 22, 2026, demanding the company, its staff, and workers vacate the premises by midday. Northern Ashanti Mines, wholly owned by Ghanaians, has renewed its lease for 13 years, covering 125 square kilometers, and has invested more than $83.34 million in the concession.

The company has also secured a $30 million facility for gold processing plant development. Despite allegations of breach in the lease, Northern Ashanti Mines denies any wrongdoing, stating that no notice of the alleged breaches was served and that they were not given a chance to remedy the issues or explain why their mineral rights should not be canceled.

The company's injunction request aims to protect its possession of the mine and prevent security deployments intended to enforce the termination, fearing potential harm to staff, surrounding communities, and damage to equipment.