The Minerals Commission says it terminated the Nsutam and Osiem mining leases held by Narawa Company Limited in 2025 after the company defaulted on annual mineral right fees amounting to US$909,127.79.
In a statement, the Commission denied allegations by Narawa that its leases were wrongfully or unlawfully terminated and that its operations were handed over to an individual.
The Commission said it issued notices requiring the company to remedy the breach, but Narawa failed to pay within the stipulated period.
It said it recommended termination of the leases to the Minister for Lands and Natural Resources on July 29, 2025, and the Minister approved the recommendation on August 19, 2025. A formal notice of termination was issued to the company on September 3, 2025.
According to the Commission, the termination meant Narawa no longer held valid mineral rights over the two concession areas, which reverted to the State. It said the State subsequently granted new mineral rights over the areas to two other entities.
The Commission also disclosed that Narawa initiated arbitration proceedings on December 12, 2025, to challenge the termination. It maintained that the termination remained in force pending a final determination of the dispute.
The Commission said it remained committed to the lawful administration of Ghana’s mineral resources and rejected claims that it had authorised an invasion of the concessions.
