AMUAYI COMPANY LIMITED vs. ADAMUS RESOURCES LIMITED

The facts of the case which culminated in this appeal looks complex but in reality it is not. To me, based on the evidence on record the facts are simple and straight forward and not what the trial High Court Judge took them to be. The facts as gleaned from the evidence on record are that Amuanyi, Company Limited, the Plaintiff / Respondent acquired mining concession known as Ebi concession from the Government of Ghana. On 22nd February, 1996 the plaintiff entered into a joint venture agreement with Vanquelin Mines Limited and the subject matter of the agreement was the Ebi concession the plaintiff acquired from the government of Ghana. The terms of the joint venture agreement have been well set out in the agreement which was tendered as Exhibit ‘A’. During the subsistence of the agreement between the plaintiff and Vanquelin Mines Limited, the latter entered into an agreement with another company known as West Africa Mining Exploration Corporation which is also known as Semafo. ...