• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home highlights

Shaanxi Mining Company denies allegation of smuggling gold out of Ghana

4 years ago
in highlights, Home, home-news, latest News, Mining
1 min read
0 0
0
63
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Gold mining firm, Shaanxi Mining Company Limited, has denied assertions of smuggling bars of gold outside the country.

The company responding to the allegations leveled against it in a press release averred the individuals arrested at the Kotoka International Airport (KIA) by the National Security were officials of the company and not smugglers.

According to the mining firm, the gold bars were being transported from its Gbane mine in the Upper East Region to Accra for sale.

“There is an agreement between these two Ghanaian concessionaires and our company on shares of gold won from the mining activities from these two  concessions. Parties have since the production of gold begun in the mine, been receiving their shares without challenges. However, we are informed that after the last production, one of our Ghanaian partners expressed dissatisfaction with the accounting processes,” the company stated.

“On Tuesday June 1, 2021, the three company officials stated above, took gold meant to be our share of the last production, from our mine and were transporting same to Accra for sale. Our dissatisfied partner reported to the National Security that the gold was from his concession and he wasn’t satisfied with the accounting done on the gold won and requested the gold be confiscated to enable both parties sit to reconcile the figures before we proceed to sell our gold. National Security officials in Tamale signalled their partners in Accra to confiscate this gold upon their arrival. Our officers therefore were arrested at the KIA when they disembarked from the Tamale-Accra domestic flight,” it added.

The company expressed shock at how its officials were immediately handcuffed by officers of the National Security with their pictures taken in handcuffs and splashed on the various social media platforms.

The company, through the statement has therefore requested that the public cease any further circulation of the said pictures and allow investigations to come to a reasonable conclusion.

RelatedPosts

Bright Simons Questions Policy Rationale Behind Communications Minister’s Demand for 30% DSTV Price Cut

Public Transport Fares to Rise by 20% From August 8 

Shipping Giant, Maersk ends Direct US Trade Route to Africa’s Largest Economy

“Shaanxi is a law-abiding company, providing state of the art and safe mining support services to small scale miners whilst meaningfully and economically tapping minerals to the benefit of all parties,” it stressed.

Source: norvanreports
Tags: Kotoka International Airport (KIA)National SecurityShaanxi Mining Company Limitedsmuggling bars of gold
No Result
View All Result

Highlights

Africa’s Biggest Stock Exchange Considers Extending Trading to 24 Hours

Lewis Hamilton’s Future at Ferrari in Question After Tough Hungarian GP

Transfer DealSheet: Latest on Benjamin Sesko, Nicolas Jackson and More

Gov’t Targets 650,000 Tonnes of Cocoa Production for 2025/26 Crop Season, Eyes 1 Million Tonne Output in the Long-term 

Shoprite to Exit Ghana and Malawi Sharpening Focus on Core South African Market

Gold Fields Forecasts Total Gold Production of 2.4 Million Ounces for 2025

Trending

Features

Bright Simons Questions Policy Rationale Behind Communications Minister’s Demand for 30% DSTV Price Cut

August 5, 2025

Bright Simons Questions Policy Rationale Behind Communications Minister’s Demand for 30% DSTV Price Cut Renowned public policy...

Public Transport Fares to Rise by 20% From August 8 

August 5, 2025

Shipping Giant, Maersk ends Direct US Trade Route to Africa’s Largest Economy

August 5, 2025

Africa’s Biggest Stock Exchange Considers Extending Trading to 24 Hours

August 5, 2025

Lewis Hamilton’s Future at Ferrari in Question After Tough Hungarian GP

August 5, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.