A mining site
The Director of Mineral Titles at the Minerals Commission, Frank Asare, has urged the public to disregard allegations that businessman, Alfred Mahama, influenced the revocation of Narawa’s mining licence and the subsequent takeover of the concession.
He further noted that CMS-PRO and AA Southern Industries, the companies seeking to operate the Nsuapemso mining concession previously held by Narawa Company Limited, have no links to Mr. Alfred Mahama.
Speaking in an interview with Kwame Nkrumah Tikesia on Okay FM‘s Ade Akye Abia last Friday, Mr. Asare said that the revocation was based on regulatory and financial compliance issues involving the former owners as well as the company’s failure to settle its outstanding obligations within the stipulated period.
According to the Minerals Commission, Narawa was given 120 days to settle approximately US$990,000 in outstanding annual mineral rights payments after receiving formal notice in March 2025.
Mr. Asare mentioned that the deadline reportedly expired in July 2025 without the required payment, leading to further action that resulted in the revocation of the licence.
According to him, Narawa was served with a notice in March 2025 under Section 68 of the Minerals and Mining Act, giving the company 120 days to settle its outstanding payments.
He said the deadline expired in July 2025 without payment, which resulted in further regulatory action and eventually led to the revocation of the licence in September 2025.
Mr. Asare added that the former Chief Executive Officer (CEO) of the Minerals Commission, Martin Ayisi, subsequently recommended to the Minister of Lands and Natural Resources that Narawa’s licence should be revoked.
He mentioned that once a mining licence has been revoked, the former licence holder no longer has the right to operate under that licence, which paves the way for other companies to apply.
The Director of Mineral Titles further explained that mineral concessions belong to the state and that other companies may legally apply to operate a concession after the previous licence has been revoked, subject to the applicable legal and regulatory requirements.
He also clarified that any outstanding debts owed to the state remain the responsibility of Narawa Company Limited and would not automatically be transferred to companies seeking to operate the concession.
Mr. Asare added that the Minerals Commission would continue to consider applications for the concession unless the High Court issued an order directing the Commission to restore Nawara’s rights.
A Daily Guide Report