• About
  • Advertise
  • Privacy Policy
  • Contact
Tuesday, August 18, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in Extractives/Energy

Government Revokes Akonta Mining Licenses Over Galamsey 

Prince Agyapongby Prince Agyapong
April 21, 2025
Reading Time: 5 mins read
Add as Preferred on Google
Mining in Forest

Mining in Forest

The Government of Ghana has taken decisive action against Akonta Mining Company Limited, following mounting evidence of the company’s involvement in illegal mining activities, commonly referred to as galamsey, within protected forest reserves. 

In a firm declaration during a press conference held on Monday, April 21, the Minister for Lands and Natural Resources, Emmanuel Armah Kofi Buah, announced the immediate revocation of all mining licenses held by Akonta Mining. 

“In light of the overwhelming evidence, I have authorised the Minerals Commission to take steps to revoke the lease of Akonta Mining Co. Ltd with immediate effect.” 

Hon. Emmanuel Armah-Kofi Buah, Minister for Lands and Natural Resources

According to the Minister, investigations have uncovered that Akonta Mining has been engaging in criminal operations, including unauthorised mining within the Aboi and Tano Nimiri Forest Reserves—areas that are legally protected from such activities.

Hon. Emmanuel Armah-Kofi Buah, Minister for Lands and Natural Resources
Hon. Emmanuel Armah-Kofi Buah, Minister for Lands and Natural Resources

ADVERTISEMENT

“This company has not only trespassed into protected reserves but has become a criminal syndicate, selling access of the Aboi Forest Reserve to illegal miners for a staggering GH₵300,000 per concession.” 

Hon. Emmanuel Armah-Kofi Buah, Minister for Lands and Natural Resources

Even more alarming, the Minister disclosed that the company allegedly protected illegal miners under its name, while engaging in a scheme to collect weekly royalties from their operations. 

“As part of the agreement between Akonta Mining and the illegal miners, weekly royalties of 250 grams of gold are to be paid to the company, lining the pockets of Akonta’s collaborators.” 

Hon. Emmanuel Armah-Kofi Buah, Minister for Lands and Natural Resources

The River Tano, a vital water body in the region, has suffered environmental devastation due to these unauthorized activities, with surrounding forests also severely degraded. 

Government Cracks Down on Illegal Mining 

Haut Uele Governor Suspends Chinese Mining Activities Over Violations 1 e1737325697577

Beyond the company itself, Minister Buah revealed that forestry officials and security personnel may have aided or turned a blind eye to these illegal operations.  

As such, he has ordered the immediate interdiction of forestry staff suspected of complicity and called for security agencies to investigate their own ranks. 

ADVERTISEMENT

“I have directed that forestry officials connected to these illegalities be immediately interdicted pending further investigations and prosecution.

“The security agencies have been notified to investigate security officers who have had dealings with Akonta Mining in this particular Forest Reserve.” 

Hon. Emmanuel Armah-Kofi Buah, Minister for Lands and Natural Resources

The Attorney-General and Minister for Justice, Dominic Ayine, has also been briefed on the matter and is expected to oversee legal proceedings going forward. 

“The Attorney-General is now handling this case.

“We want to ensure that justice is done and that this company and any accomplices are held fully accountable under the law.” 

Hon. Emmanuel Armah-Kofi Buah, Minister for Lands and Natural Resources
Mining in Cocoa Farms
Mining in Cocoa Farms

Minister Buah made it clear that Akonta Mining never had a legal lease to operate within the Tano Nimiri Forest Reserve, rendering all its activities there illegal and criminal. 

ADVERTISEMENT

“This is a warning to all large-scale mining concession holders hiding behind legal leases to fund the destruction of our forests and river bodies. We know some of your schemes – we are coming after you.” 

Hon. Emmanuel Armah-Kofi Buah, Minister for Lands and Natural Resources

The revocation of Akonta Mining’s licenses marks one of the most aggressive moves by the Ministry in recent years and reflects the government’s renewed determination to combat illegal mining and preserve Ghana’s fragile ecosystems. 

The crackdown comes at a time when Ghana’s mining sector is under increasing scrutiny, both locally and internationally, for the environmental and social costs of illegal mining.  

Rivers once relied upon for drinking water and agriculture have become polluted, while forest reserves have been depleted by unregulated operations. 

Ghana’s war against illegal mining has intensified in recent years, with the government facing mounting pressure to enforce stricter regulations and protect the country’s diminishing forests and water bodies.  

The destruction caused by galamsey operators—both local and foreign—has raised concerns among environmentalists and policymakers alike. 

READ ALSO: Mahama’s Climate Ministry Earns Praise, Sparks Urgent Policy Demands 

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: Akonta Mining LimitedGalamseyIllegal miningMinerals Commission (MC)mining
Please login to join discussion
Previous Post

UK Lawmakers Move To Block Trump’s Parliament Speech

Next Post

Judiciary Perks Scandal Sparks Public Outrage

Related Posts

Minister for Lands and Natural Resources, Hon. Emmanuel Armah-Kofi Buah with Minerals Commission CEO, Hon. Isaac Tandoh
Extractives/Energy

Gov’t Signals Bottom-up Approach in Mineral Resource Governance

August 18, 2026
Sammy Gyamfi esq., GoldBod CEO
Extractives/Energy

GoldBod CEO Hits Back at Minority Leader Over Goldbod Loss Claims

August 18, 2026
GNPC
Extractives/Energy

GNPC Races to Reverse Ghana’s Oil Production Decline

August 17, 2026
modern Minerals Commission District Office in Damang
Extractives/Energy

Gov’t Opens Minerals Commission Office in Damang to Enhance Mining compliance

August 17, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

Minister for Lands and Natural Resources, Hon. Emmanuel Armah-Kofi Buah with Minerals Commission CEO, Hon. Isaac Tandoh

Gov’t Signals Bottom-up Approach in Mineral Resource Governance

August 18, 2026
Sammy Gyamfi esq., GoldBod CEO

GoldBod CEO Hits Back at Minority Leader Over Goldbod Loss Claims

August 18, 2026
17870067604781497705005015592133

FIFA’s Chief Operating Officer Leaves Role Following FFE Proposal Criticism

August 17, 2026
IMG 4668

GIPA Engages Global Investors at Invest Fest 2026 in Atlanta

August 17, 2026
npp flag1 2

Six Days To File: NPP National Officer Nominations Open Until Saturday

August 17, 2026
ADVERTISEMENT
Next Post
The Ghana judiciary, threatened by colonial arrogance

Judiciary Perks Scandal Sparks Public Outrage

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.