Barari Lease Was Legitimately Signed 15-Years- Minerals Commissions
The Minerals Commission has granted 15 years lease to Barari an Australian company.
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In a press release was signed by the Chief Executive of the Mineral Commission, Mr Martin Kwaku Ayisi stressed that the commission’s attention had been drawn to comments from the general public in regards to government agreement with Barari DV Ghana Limited.
Ready full details of the press conference:
PRESS RELEASE
RE: LITHIUM MINING LEASE BETWEEN THE GOVERNMENT OF GHANA AND BARARI DV GHANA LIMITED
The attention of the Minerals Commission (the “Commission”) has been drawn to comments and concerns by some members of the Ghanaian public regarding the mining lease between the Government of Ghana and Barari DV Ghana Limited (the “Company” or “Barari”).
This comes on the heels of the announcement by the Minister of Lands and Natural Resources, Hon. Samuel A. Jinapor at a brief ceremony on 19 October 2023 when he signed the first mining lease for the exploitation of Lithium in Ghana and the publication of the lease on the website of the Commission.
For the avoidance of doubt, the mining lease was granted for 15 years to Barari, which is the subsidiary of Atlantic Lithium Limited, an Australian company listed on the Australian Securities Exchange (ASX) and also on the Alternative Investment Market (AIM) of the London Stock Exchange. The lease covers an area of 42.63 Krn 2 in and around Ewoyaa in the Mfantseman Municipality of the Central Region.
The Commission notes despite the publication of the lease which is now widely available to the general public, it has become increasingly clear that the commentators have not read the agreement in its entirety and as a result, many of the concerns are based on assumptions that are inaccurate and assertions that are not supported by facts or any data.
Recognizing these concerns raised, the Commission has scheduled a press conference on Thursday, 7th December 2023 at the Ministry of Information to further explain the nature of the contract and procedures, including the next steps after the grant of the lease.
The Commission would like to assure the public of our utmost commitment to transparency and accountability in dealing with any mineral resources that rightly belong to the people of Ghana.
The Commission further assures the public that the lease was signed in the best interest of Ghana.
SIGNED
MARTIN KWAKU AYISI
CHIEF EXECUTIVE OFFICER
MINERALS COMMISSION
P. O. BOX M 248
ACCRA
