Ghana wins case against foreign-owned mining companies 

Ghana has won a case against two foreign-owned mining companies.

A tribunal constituted under the rules of the International Chamber of Commerce (ICC) has dismissed a 200 million dollar claim filed against Ghana by two foreign-owned mining companies.  

The Companies, Dunkwa Continental Goldfields Limited (DCGL) and Continental construction and Mining Company Limited (CCML), filed the action against the government in 2011, but the tribunal last month threw out their claims for being out of merit.  

It awarded over three million dollar cost against the applicants and a further order for a refund of seven hundred thousand dollars to Ghana.  

Both companies had accused the government of unlawfully terminating their contracts. 

According to the tribunal, the Government of Ghana, acting through the then Minister of Lands, Forestry and Mines, did not breach or unlawfully terminate the project agreement relating to the Dunkwa Gold Mines.

GBC