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Business News of Friday, 8 November 2019

Source: Minerals Commission

Exton Cubic went through due process - Minerals Commission

The Minerals Commission in a statement signed by its current Chief Executive Officer Mr. Kwadwo Addae Antwi-Boasiako, has confirmed the document published on various social media platforms and news portals which seek to vindicate the position of Exton Cubic Group a mining company affiliated to  businessman Ibrahim Mahama going through due process in the acquisition of its mining leases.

In a statement published in reaction to the various publications, the Minerals Commission confirmed the documents were valid but protested the newspaper’s stance that the ‘leaked documents” were hidden by the Minerals Commission because they would have shown that the Company “had obtained authorization to prospect for bauxite at the Nyinahin Forest Reserve in the Ashanti Region” and that the document was public record.

The Minerals Commission letter seeks to confirm the position of the company and many industry experts including Dr. Tony Aubyn who who is a former Chief Executive Officer of commission that the company went through rigorous due process in the acquisition of their mining leases.

The Minerals Commission also confirms in its latest statement that, Exton Cubic Group Limited, was one of the four companies including ; BXC Company (Ghana) Limited, Coronation Trust Resources and Rocksure International., that were written to by the Minerals Commission.

Below is the full statement