Government has granted Adamus Resources Limited a reprieve following revocation of its mining leases, directing the company and state regulators to produce a 12-month roadmap to restore the mine and resolve outstanding financial and operational challenges. A six-member management team with equal representation from Adamus and government will oversee implementation.
21 August 2026 · The Chronicle →
Adamus Resources Limited has agreed to develop a plan to settle outstanding liabilities to the Ghana Revenue Authority, the Minerals Income Investment Fund, and financial institutions as part of a 12-month roadmap to restore operations at the mine. A six-member management team with three government and three Adamus representatives will supervise the turnaround.
21 August 2026 · Joy Online →
Government has granted Adamus Resources Limited a reprieve following revocation of its mining leases, directing the company and state regulators to produce a 12-month roadmap to restore the mine and resolve financial and operational challenges. A six-member management team with equal government and Adamus representation will oversee implementation.
21 August 2026 · The Chronicle →
The government will form a six-member management team comprising three representatives from Adamus Resources and three from government to supervise the company's mining operation turnaround under a 12-month roadmap agreed at the presidency. This follows the government's revocation of three of the company's mining leases and aims to restore operations at the indigenous large-scale mine.
21 August 2026 · Joy Online →
The government has given mining firm Adamus Resources a fresh opportunity to revive operations after upholding the revocation of three of the company's mining leases. Under a new arrangement, the Ministry of Lands and Natural Resources, the Minerals Commission and Adamus Resources will develop a 12-month roadmap including a six-member management team with equal representation from government and the company.
21 August 2026 · Joy Online →
An Inter-Ministerial Review Committee confirmed that Adamus Resources Limited's mining lease revocation stems from unpaid taxes, royalties and Minerals Commission fees totaling approximately GH¢205.83 million plus US$2.56 million, alongside transfers of more than US$224.61 million to related parties between 2020 and 2024 that raise questions about lost state revenue.
21 August 2026 · Daily Guide →
A Ministerial Review Committee established by the Lands and Natural Resources Minister found that Adamus Resources Limited's mining lease revocation was driven by the company's failure to meet statutory financial obligations, including GHS86.78 million in royalties arrears, GHS119.04 million in tax arrears, and US$2.56 million in annual payments owed to the Minerals Commission.
21 August 2026 · The Chronicle →