Azumah Resources Ghana has hit back at recent claims by Exploration & Production (E&P), insisting it remains firmly committed to developing the Black Volta Gold Mine in a way that puts Ghana first.
In a strongly worded statement, the company thanked the Government of Ghana for upholding the rule of law and said it trusts that same fairness will continue to guide investment decisions in the country.
“We’re here to build something that benefits Ghanaians, is led by Ghanaians, and involves partners who are serious about Ghana’s future,” said John Mason, spokesperson for Azumah. “We can’t be distracted by noise.”
Azumah dismissed E&P’s earlier claims, pointing out that although E&P had spoken of investing over $250 million, they’ve only brought $4 million to the table so far. The company says it has instead secured backing from experienced global investors who’ve helped develop over $10 billion worth of mines worldwide.
Project Director Rob Cicchini didn’t mince words: “The future of this mine can’t be in the hands of people who’ve already shown they can’t deliver. Jobs are at stake. Growth is at stake. Ghana’s interest must come first.”
Azumah also made clear that E&P has not made any formal offer to fund or invest in the project, and owns no stake in the company. The press release expressed concern over what it described as misleading public comments by E&P, warning that such behavior damages Ghana’s reputation internationally.
Calling for calm, the company said it remains ready to provide accurate information to regulators, investors, and the public, and will pursue legal remedies through arbitration, in the media.
Azumah closed by encouraging any serious partners to reach out directly, and made one thing clear: they’re focused on delivering real value, not drama.
