Ghana’s Minerals Commission is urging Northern Ashanti Mines to challenge the termination of its mining rights in court rather than in the media. The company owes $8.33 million in royalties on its mining leases and $49,928 on its prospecting licences, according to chief executive Isaac Tandoh, quoted by MyJoyOnline.
Ghana’s Minerals Commission is urging Northern Ashanti Mines to challenge the termination of its mining rights in court rather than in the media. The company owes $8.33 million in royalties on its mining leases and $49,928 on its prospecting licences, according to chief executive Isaac Tandoh, quoted by MyJoyOnline.
Former chief inspector of mines Obiri Yeboah Twumasi has urged Ghana’s Minerals Commission to negotiate a payment schedule with Northern Ashanti Mines for its unpaid statutory royalties. He says instalments would allow the company, which has not yet started producing gold, to continue developing its mine, according to MyJoyOnline.
Ghana’s Minerals Commission says Northern Ashanti Mines owes more than $8.3 million in unpaid regulatory fees and defends the termination of its mining leases. The company, formerly known as Owere Mines, is challenging the decision in court; the Commission published its response on 27 October 2026, according to 3News.
Northern Ashanti Mines Limited Company is asking Ghana’s courts to block the takeover of its Konongo concession, where $110 million in investments is reportedly at risk. The company says Minerals Commission officials, accompanied by military personnel, ordered it to leave, according to MyJoyOnline.