Adamus Resources challenges revocation of mining leases

Adamus Resources Limited has dismissed the Minister for Lands and Natural Resources' decision to revoke the company's mining leases, labeling it unlawful and violating established legal procedures. The company expressed shock and disappointment upon receiving the Minister's decision. Adamus Resources alleged that the Minister disregarded the statutory procedures outlined in the Minerals and Mining Act, 2006 (Act 703) when revoking its mineral rights.

The company denied all allegations against it and described them as unfounded and deliberately fabricated to coerce the company into surrendering its leases. Moreover, Adamus Resources accused the Minister of abusing his powers, stating that the decision lacked any legal basis. The company assured that it would take appropriate measures to challenge the revocation of its leases.

Specific legal actions have not been disclosed by the company. The statement underscores the increasing focus on the management and regulation of Ghana's mineral resources, with mining companies expected to operate within the legal and regulatory framework governing the sector.