BusinessMining

YENYEYA Mining Company Ltd accepts out-of-court settlement with these conditions…

YENYEYA AND SHAANXI MINING SIGN POST
Apexnewsgh

Management of Yenyeya Mining Company Ltd, an indigenous mining company at the Gbane Community in the Talensi District of the Upper East Region said, he has accepted the offer by the Shaanxi and Earl International lawyers for an out of court settlement with the condition that Wei Xing, Chief Executive Officer of Shaanxi and Earl International be present and that Yenyeya’s acceptance of offer for settlement out of court for consideration be on the agenda for discussion and resolution.

“YENYEYA has accepted this offer on condition that Wei Xing, CEO of SHAANXI and EARL INTERNATIONAL be present, and that YENYEYA’s acceptance of offer for settlement out of court for consideration be on the agenda for discussion and resolution. This document can be viewed on request. We hope and believe that the parties related to this matter will take decisions in the interest of peace and justice without impairing or destroying the right or interest of the local small-scale miners”. The statement said

Meanwhile, in June 2021, management of the Yenyeya Mining Limited, accused a Chinese Mining firm, Shaanxi Mining (Ghana) Limited for engaging illegally mining in their concession.
The two registered Small Scale Mining therefore called on the state entities responsible for the mining sector to ensure that they dig into the matter to avoid bloodshed in the area.
However, according to a press statement issued by Yenyeya acting Public Relation Officer (PRO) Jarvis Avoka sighted by Apexnews Ghana, Yenyeya remains committed to due process and will continue to have faith in the courts to enforce the parties’ respective obligations to which they agreed and bind themselves though we have reason to believe that the defendants are unduly wasting time and seeking to frustrate justice and equity.

Below is the full press release:

Apexnewsgh.com/Ghana/Ngamegbulam Chidozie Stephen

Please contact Apexnewsgh.com on email apexnewsgh@gmail.com for your credible news publications. Contact: 05555568093

Ngamegbulam C. S

Leave a Reply