The tug of war over Ghana’s Black Volta Gold Project continues to intensify. In its latest statement released today, Azumah Resources Ghana Ltd has strongly rebutted Engineers & Planners’ (E&P) claims of ownership or investment, describing them as “unsupported by law or fact.”
The company stated that it remains fully committed to a Ghanaian-led, law-abiding development of the mine, with backing from experienced international investors.
Azumah clarified that no sale has taken place, and that E&P has no shares, no funding commitment, and no formal agreement to develop the mine.
“We have a duty to protect Ghana’s resources for the benefit of all,” said John Mason, spokesperson for Azumah.
“This is about doing right by Ghana and Ghanaians. The claims made by E&P in the press are not supported by law or by fact.”
The company noted that although E&P once proposed to provide over $250 million in development funding, it has only contributed $4 million to date—a shortfall Azumah says raises serious concerns about E&P’s capacity to deliver on a project of such national importance.
Azumah added that it has since secured international partners with a proven track record of developing over $10 billion worth of mining projects globally and is now advancing construction plans for the Black Volta Mine.
