The Minister of Lands and Natural Resources, Samuel Abu Jinapor, has officially terminated the mining leases of FGR Bogoso Prestea Mining Limited.
The Minister terminated based on recommendations from the Minerals Commission and the Attorney-General and Minister for Justice.
A statement issued by the Minister on Wednesday, September 18, 2024, said the termination came after thorough reviews of reports from the Minerals Commission and a Ministerial Committee set up to assess the company’s operations, alongside consultations with relevant stakeholders.
“The Minister responsible for Lands and Natural Resources, Hon. Samuel A. Jinapor, MP, acting on the advice and recommendation of the Minerals Commission and the Attorney-General, pursuant to article 88 of the Constitution, sections 5(1), 68(1), and 100(2) of the Minerals and Mining Act, 2006 (Act 703), and regulation 200(1) of the Minerals and Mining (Licensing) Regulations, 2012 (L.I. 2176), has terminated the mining leases granted to FGR Bogoso Prestea Limited (the Company), and directed the Minerals Commission to issue a notice of termination to the Company, in accordance with regulation 200(4) of L.I. 2176.”
“The decision to terminate the mining leases was taken after reviewing various reports from the Minerals Commission as well as a Ministerial Committee constituted to review the operations of the company and after extensive engagement with all stakeholders involved in this matter.”
By: Rainbowradioonline.com/Ghana
