The unresolved standoff between E&P and Azumah Resources over the Black Volta gold mine is already affecting Ghana’s economy and international image, according to the Minority in Parliament.

They argue that the impasse has stalled vital mining activity in the Upper West Region, depriving communities and the state of critical economic benefits.

“This mine holds the potential to generate hundreds of direct jobs and thousands more indirectly,” the Minority stressed.

In a statement signed by the Ranking Member on the Lands and Natural Resources Committee, Kwaku Ampratwum-Sarpong, the Caucus warned of the possibilities of missed royalties, stalled development funds, and uncertainty for other mining investors considering Ghana.

Politically, the Minority raised concerns about conflicts of interest due to E&P’s perceived links to persons in power.

“It is as much for the benefit of E&P and its eminent founder that such concerns be properly and effectively managed,” the Ranking Member said.

The Caucus has posed six detailed questions to the Minister of Lands and Natural Resources and insists that Parliament must be fully involved in the matter before any resolution is finalised.

“Let this Parliament not be found wanting,” the statement said.

“We must uphold the rule of law and protect Ghana’s international standing as a stable mining jurisdiction,” the Minority added.

GA