CHAOS AS GALAMSEYERS TAKE OVER MINING SITE
Illegal miners have taken over one of Mensin Bibiani Mines’ priced concessions and threatened to fight anybody who attempts to remove them.
They miners speaking to the media said, they have laid claim to the rich gold mountain on the back of promises by President Nana Akufo-Addo to plead with the mining company to lease part of its concession to them for community mining.
According to them, they will resist any attempt to move them until the company releases part of its minerals concession to them.
Mensin Gold Bibiani Limited is a wholly owned subsidiary of Resolute mining.
Government is entitled to a 10% free carried interest in Mensin Gold Bibiani Limited.
Since assuming ownership in 2014, Resolute’s surface and underground drilling search has confirmed the potential for Bibiani to produce 100 thousand ounces of gold per year over a 10-year mine life.
But even before the company will begin its work, illegal miners have taken over a core area of its mining lease.
The mountain, dubbed Elizabeth Hill by the company and known to the illegal miners as ‘Kusie mountain’ feeds directly into Mensin gold’s priced gold resources.
They illegal miners disclosed that, they cannot sit on money and go hungry since no one has mined the gold here for the past nine years, then they will do it.
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