• Contact US
  • Advertise With US
  • Privacy & Policy
  • Submit Station
Thursday, October 2, 2025
Kumasi Mail
Advertisement
  • Home
  • News
    • All
    • Education
    • Health
    • Manhyia
    PAC recovers GH¢12.9bn in misappropriated public funds

    PAC recovers GH¢12.9bn in misappropriated public funds

    NADMO extends relief to conflict-affected communities in Bole district

    NADMO extends relief to conflict-affected communities in Bole district

    Tobinco Pharmaceuticals donates Air Conditioner to St. Theresa Catholic Hospital in Nandom

    Tobinco Pharmaceuticals donates Air Conditioner to St. Theresa Catholic Hospital in Nandom

    ‘Arrogance and Reversal’: Minority slams and demands Sam George to account for GH₵10,000 levy imposed on DSTV

    ‘Arrogance and Reversal’: Minority slams and demands Sam George to account for GH₵10,000 levy imposed on DSTV

    Abronye’s allegations against Kennedy Agyapong exposed as baseless, NPP Gen Sec fires back

    Abronye’s allegations against Kennedy Agyapong exposed as baseless, NPP Gen Sec fires back

    Kodua threatens mass suspensions if given power in his role as General Secretary

    Kodua threatens mass suspensions if given power in his role as General Secretary

    Ghana to introduce HIV preventive vaccine by 2026, plans local production

    Ghana to introduce HIV preventive vaccine by 2026, plans local production

    Four armed robbers including two soldiers, arrested  at Prestea Mining site

    Four armed robbers including two soldiers, arrested at Prestea Mining site

    We’re working with police to arrest dismissed KNUST SHS assistant headmaster – Gender Minister

    We’re working with police to arrest dismissed KNUST SHS assistant headmaster – Gender Minister

    • Health
    • Education
  • Election 2024
  • Politics
  • Business
  • Showbiz
  • Opinion
  • Sports
  • World
  • Media
  • Manhyia
  • History
No Result
View All Result
  • Home
  • News
    • All
    • Education
    • Health
    • Manhyia
    PAC recovers GH¢12.9bn in misappropriated public funds

    PAC recovers GH¢12.9bn in misappropriated public funds

    NADMO extends relief to conflict-affected communities in Bole district

    NADMO extends relief to conflict-affected communities in Bole district

    Tobinco Pharmaceuticals donates Air Conditioner to St. Theresa Catholic Hospital in Nandom

    Tobinco Pharmaceuticals donates Air Conditioner to St. Theresa Catholic Hospital in Nandom

    ‘Arrogance and Reversal’: Minority slams and demands Sam George to account for GH₵10,000 levy imposed on DSTV

    ‘Arrogance and Reversal’: Minority slams and demands Sam George to account for GH₵10,000 levy imposed on DSTV

    Abronye’s allegations against Kennedy Agyapong exposed as baseless, NPP Gen Sec fires back

    Abronye’s allegations against Kennedy Agyapong exposed as baseless, NPP Gen Sec fires back

    Kodua threatens mass suspensions if given power in his role as General Secretary

    Kodua threatens mass suspensions if given power in his role as General Secretary

    Ghana to introduce HIV preventive vaccine by 2026, plans local production

    Ghana to introduce HIV preventive vaccine by 2026, plans local production

    Four armed robbers including two soldiers, arrested  at Prestea Mining site

    Four armed robbers including two soldiers, arrested at Prestea Mining site

    We’re working with police to arrest dismissed KNUST SHS assistant headmaster – Gender Minister

    We’re working with police to arrest dismissed KNUST SHS assistant headmaster – Gender Minister

    • Health
    • Education
  • Election 2024
  • Politics
  • Business
  • Showbiz
  • Opinion
  • Sports
  • World
  • Media
  • Manhyia
  • History
No Result
View All Result
Kumasi Mail
No Result
View All Result
  • Home
  • News
  • Election 2024
  • Politics
  • Business
  • Showbiz
  • Opinion
  • Sports
  • World
  • Media
  • Manhyia
  • History
Home News

Pay requisite compensation to distressed companies before takeover to avoid legal battles, gov’t told

Kumasi Mail by Kumasi Mail
July 7, 2025
in News
0
Pay requisite compensation to distressed companies before takeover to avoid legal battles, gov’t told
Share on FacebookShare on Twitter

Mining Consultant, Wisdom Edem Gomashie has urged the government to ensure proper financial compensation to distressed companies to avoid legal tussles and the payment of avoidable judgement debts.

Citing examples in the Democratic Republic of Congo (DRC), in which the government lost and had to pay huge financial compensation to some mining companies Edem Gomashie says Ghana must endure due diligence in the takeover of mining leases and business adoption by the government.

Speaking in an interview on Green Gold TV, regarding a directive from the Lands and Natural Resources Ministry to halt operations of Heath Goldfields at the Bogoso-Prestea mine site, the mining Expert noted that government can never boast of a cost effective mining sector without a decentralized licensing system.

Ing. Wisdom Edem Gomashie told on Green Gold TV that the high maintenance cost of mining machinery and the accompanying statutory payments crippled mining companies in Ghana.

The cautionary notice to Heath Goldfields to halt business hinges on unsatisfactory operations of operational protocols, Regulatory compliance and administrative procedures pursuant to the Minerals and Mining (Health, Safety and Technical) Regulations 2012, L. I. 2182.

He revealed that a viable small scale mining company needs a start up capital of $2Million to operate in Ghana and advised the”Goldbod to tread cautiously in its operations to avoid an unwanted insurrection of miners who have been directly affected by its work.”

Source: www.kumasimail.com / Richmond Antwi Boasiako

 

Tags: GoldBodlegal battlesPay requisite compensationtopstory
ShareTweetSend
Previous Post

Kinaata questions TGMA credibility over ‘Record of the Year’ snub

Next Post

Court orders convicted Agradaa to answer to nude sharing pictures of a Prophet

YOU MAY LIKE

PAC recovers GH¢12.9bn in misappropriated public funds
News

PAC recovers GH¢12.9bn in misappropriated public funds

NADMO extends relief to conflict-affected communities in Bole district
News

NADMO extends relief to conflict-affected communities in Bole district

Tobinco Pharmaceuticals donates Air Conditioner to St. Theresa Catholic Hospital in Nandom
Health

Tobinco Pharmaceuticals donates Air Conditioner to St. Theresa Catholic Hospital in Nandom

‘Arrogance and Reversal’: Minority slams and demands Sam George to account for GH₵10,000 levy imposed on DSTV
News

‘Arrogance and Reversal’: Minority slams and demands Sam George to account for GH₵10,000 levy imposed on DSTV

Abronye’s allegations against Kennedy Agyapong exposed as baseless, NPP Gen Sec fires back
News

Abronye’s allegations against Kennedy Agyapong exposed as baseless, NPP Gen Sec fires back

Next Post
Agradaa  jailed 15 years in hard labour for money doubling scam

Court orders convicted Agradaa to answer to nude sharing pictures of a Prophet

Minority in parliament accuses gov’t of misleading public on Eban-Akoma oil discoveries

Minority in parliament accuses gov’t of misleading public on Eban-Akoma oil discoveries

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

LATEST NEWS

PAC recovers GH¢12.9bn in misappropriated public funds

PAC recovers GH¢12.9bn in misappropriated public funds

Film industry needs tax incentives to attract big production deals

Film industry needs tax incentives to attract big production deals

Accra embraces Israeli Cinema as the wedding plan captivates film festival crowd

Accra embraces Israeli Cinema as the wedding plan captivates film festival crowd

NADMO extends relief to conflict-affected communities in Bole district

NADMO extends relief to conflict-affected communities in Bole district

Tobinco Pharmaceuticals donates Air Conditioner to St. Theresa Catholic Hospital in Nandom

Tobinco Pharmaceuticals donates Air Conditioner to St. Theresa Catholic Hospital in Nandom

‘Arrogance and Reversal’: Minority slams and demands Sam George to account for GH₵10,000 levy imposed on DSTV

‘Arrogance and Reversal’: Minority slams and demands Sam George to account for GH₵10,000 levy imposed on DSTV

Abronye’s allegations against Kennedy Agyapong exposed as baseless, NPP Gen Sec fires back

Abronye’s allegations against Kennedy Agyapong exposed as baseless, NPP Gen Sec fires back

Kodua threatens mass suspensions if given power in his role as General Secretary

Kodua threatens mass suspensions if given power in his role as General Secretary

Ghana to introduce HIV preventive vaccine by 2026, plans local production

Ghana to introduce HIV preventive vaccine by 2026, plans local production

Some Ashanti NPP Constituency Youth Organizers endorse Bryan Acheampong for 2028 flagbearer race

Some Ashanti NPP Constituency Youth Organizers endorse Bryan Acheampong for 2028 flagbearer race

  • Trending
  • Comments
  • Latest
52-Year-old man arrested in Nsawam for possessing suspected EC Biometric Device

52-Year-old man arrested in Nsawam for possessing suspected EC Biometric Device

Ghana Airforce Z-9 Helicopter Goes Missing en Route to Obuasi, Rescue Efforts Underway

Ghana Airforce Z-9 Helicopter Goes Missing en Route to Obuasi, Rescue Efforts Underway

Asokore Mamponhene Nana Boakye Ansah passes away

Asokore Mamponhene Nana Boakye Ansah passes away

EPA CEO calls for Immediate action to restore polluted water bodies in Ashanti region

EPA CEO calls for Immediate action to restore polluted water bodies in Ashanti region

Hello world!

1
NCA promises lower data prices by year-end

NCA promises lower data prices by year-end

1
COVID-19: Information Ministry justifies GHC150K spent on staff

COVID-19: Information Ministry justifies GHC150K spent on staff

1
EC to conduct mop-up registration August 1-3

EC to conduct mop-up registration August 1-3

1
PAC recovers GH¢12.9bn in misappropriated public funds

PAC recovers GH¢12.9bn in misappropriated public funds

Film industry needs tax incentives to attract big production deals

Film industry needs tax incentives to attract big production deals

Accra embraces Israeli Cinema as the wedding plan captivates film festival crowd

Accra embraces Israeli Cinema as the wedding plan captivates film festival crowd

NADMO extends relief to conflict-affected communities in Bole district

NADMO extends relief to conflict-affected communities in Bole district

Facebook Twitter Youtube Instagram
Kumasi Mail

About US

Advertise With US

Submit Station

© 2024 KumasiMail.com