Sunday, October 19

Tag: Azumah Resource

Azumah Ghana Denies False Reports of E&P Takeover of Black Volta and Sankofa Projects
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Azumah Ghana Denies False Reports of E&P Takeover of Black Volta and Sankofa Projects

Azumah Resources Ghana Limited has today categorically denied reports claiming that Engineers & Planners (E&P) has completed the acquisition of Azumah Ghana and Upwest Resources Ghana and has taken control of the Black Volta and Sankofa Gold Projects. These reports are false and without any legal basis. AzumahGhana remains the lawful owner and operator of the projects. No shares have been transferred to E&P by Azumah Ghana, Upwest, or their shareholders. Not only is this untrue, but as recently as Friday E&P formally abandoned its claims against Azumah Ghana, a development widely reported in the Ghanaian media as paving the way for Azumah Ghana to commence development of the Wa and Bl...
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Azumah Resources, Upwest Resources Transfer Ownership of Gold Projects to Engineers & Planners
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Azumah Resources, Upwest Resources Transfer Ownership of Gold Projects to Engineers & Planners

Azumah Resources Ghana Ltd and Upwest Resources Ltd, owners of the Black Volta and Sankofa Gold Projects, have officially transferred full ownership of the companies to Engineers & Planners Company Ltd (E&P). The transaction, which has been duly registered at the Registrar of Companies, follows extensive negotiations and legal proceedings that highlighted the complexities of international investment in Ghana’s mining sector. With the completion of the transfer, Engineers & Planners, a wholly Ghanaian-owned firm, now takes charge of advancing the projects toward production. Established in 2014 under leases granted by the Government of Ghana, the Black Volta and Sankofa projects have long been recognized for their significant gold potential. However, challenges in raising s...
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Azumah Resources: Committed to Ghana’s Future
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Azumah Resources: Committed to Ghana’s Future

ACCRA, Ghana--(BUSINESS WIRE/AETOSWire)-- Azumah Resources Ghana Limited (“Azumah”) is grateful to the Government of Ghana for ensuring that the rule of law has been fairly applied for many years in Ghana. We are confident that this Government will continue in that stead ensuring investors have confidence when investing in Ghana and ensure that they are not subject to arbitrary and unfair treatment. Azumah is focused on moving forward with the development of the Black Volta Gold Mine in the Upper West. John Mason, Spokesperson for Azumah Resources, reinforced Azumah’scommitment to Ghana commenting that: “Azumah Resources is committed to ensuring this project benefits Ghanaians, led by Ghanaians, with partners who are willing and able to build with us. We ha...
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Azumah Resources to Commence Construction of the Black Volta Gold Mine
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Azumah Resources to Commence Construction of the Black Volta Gold Mine

ACCRA, Ghana--(BUSINESS WIRE/AETOSWire)-- Azumah Resources Ghana Limited is proud to announce the official commencement of construction of the Black Volta Gold Mine in the Upper West Region of Ghana. This milestone marks the beginning of a new era for Ghana’s mining sector. Since inception, Azumah Resources has been solely led by Ghanaians and backed by committed local and international investors. Following the successful securing of project financing from Azumah Resources existing shareholders, Azumah Resources has initiated preparatory works on site and will now proceed with full-scale development activities, including infrastructure, civil works, and recruitment. Azumah Resources is working closely with the Ministry of Lands and Natural Resources&nb...
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