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Breaking: Gov’t Cancels ‘mining Leases’ Granted Exton Cubic

September 4, 2017
in News
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Government has with immediate effect withdrawn the purported mining leases granted to Exton Cubic Group Limited to mine bauxite deposits at a forest reserve in Nyinahin in the Atwima Mponua District of the Ashanti Region.

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Lands and Natural Resources Minister, John Peter Amewu, who announced the decision of government in Accra Monday, said the three mining leases were invalid because the country’s mining laws were not duly followed in securing the said licences.

According Mr Amewu, a series of documents were supposed to have been submitted by Exton Cubic but said none of those were fulfied hence the leases granted the company on December 29, 2016 were invalid.

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Tags: accraAshanti RegionAtwima Mponua DistrictBusiness_FinanceExton Cubic Group LimitedJohn Peter AmewuministerNatural resourcesNyinahinpurported mining leases

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