Azumah Resources Ghana Limited has dismissed as false and misleading reports suggesting that it has sold its flagship Black Volta Gold Project to Engineers & Planners (E&P) Company Limited.
The mining firm issued a firm rebuttal on July 4, disassociating itself from a media-circulated invitation letter that announced a so-called “Facility Agreement Signing Ceremony” between E&P and Azumah Resources, scheduled for July 7 at the Marriott Hotel in Accra.
According to Azumah, the company is neither involved in any such agreement nor has it entered into negotiations to sell or transfer the Black Volta Gold Project to E&P or any other entity.
“Azumah Resources has neither sold nor is in the process of selling the Black Volta Gold Project, in whole or in part, to any party whatsoever,” the statement clarified.
The company stressed that both its Board of Directors and Executive Management are unaware of the origin of the document being circulated and have not sanctioned any such engagement. It emphasized that the Black Volta Gold Project remains 100% under Azumah’s ownership and is advancing toward full-scale development following recent successful financing.
Azumah warned the public, stakeholders, and media outlets to disregard the invitation and accompanying claims, describing them as unauthorized and unrepresentative of the company’s strategic direction.
“We urge the general public, stakeholders, and the media to disregard the aforementioned invitation and any related documents,” the company stated, adding that its focus remains on delivering long-term value through responsible resource development.
This public clarification comes amid growing scrutiny and misinformation in Ghana’s mining sector, where rumors of asset transfers can impact investor confidence and strain relationships with host communities.
For further inquiries, Azumah has directed communication to Tom Stewart-Walvin, Associate Director at Rostrum.
Azumah Resources reaffirmed its dedication to transparency, regulatory compliance, and sustainable mining practices, insisting that the Black Volta Gold Project is progressing as planned—with no ownership changes involved.
