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Mining company Resolute Mining said authorities in Ghana had notified it that the mining lease for the Bibiani gold mine there had been restored.
Natural resources minister Samuel A Jinapor said the lease had been restored, subject to conditions including that Resolute must provide a report detailing the full state of affairs at the mine.
'We are very pleased to have come to a quick and amicable resolution which provides clarity and confirmation of [the lease] at the Bibiani gold mine,' interim chief executive Stuart Gale said.
'We remain committed to the development of Bibiani and will consider all options available to achieve this.'