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BusinessEditors Pick

Exton Cubic Group clears air over Nyinahini Bauxite Concession

Starrfm.com.gh By Starrfm.com.gh Published August 21, 2017
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Ibrahim Mahama
Ibrahim Mahama
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Exton Cubic Group Limited has denied media reports that it is scheming with Engineers and Planners (E&P) to engage in illegal mining at the Nyinahini bauxite concession.

“We wish to state emphatically that the said publications are false and a total misrepresentation of the actual facts of the issue. We wish to state unequivocally that Exton Cubic Group has never engaged in any illegal mining activity in Ghana,” Exton said in a statement following the seizure of trucks belonging to Ibrahim Mahama’s E&P, which was undertaking “preparatory works at the concession.

Exton described the seizure on the instruction of the Ashanti Regional Minister, Simon Osei Mensah, and the District Chief Executive of the Atwima Mponua District, as “unlawful.”

According to the Exton Cubic Group, the Nyinahini Bauxite concession was legally acquired on August 14, 2013.

“It came to us as a surprise when without any lawful excuse, the District Chief Executive of Atwima Mponua District Assembly and the Ashanti Regional Minister caused the trucks of the subcontractor to be impounded in the center of the Nyinahini township.

“After going through all the laid down procedures required by law, Exton Cubic Group Limited was granted a mining lease for the Nyinahini Bauxite Deposit by the Ministry of Lands and Natural Resources on the 29th of December 2016. This mining lease was registered at the lands commission of Ghana on the 9th of January 2017,” the statement added.

It said it is “yet to receive any official communication from the authorities concerned as to why our sub contractor’s trucks and equipment have been impounded.”

Exton Cubic Group stressed its legal team is engaging the police over the issue “and it is our hope that the police will release the impounded trucks as soon as possible to forestall any further pecuniary losses to us.”

Click to read the full statement here: PRESS RELEASE 21082017

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