Government gives Adamus Resources reprieve, orders 12-month turnaround plan

Ghana's government has granted mining company Adamus Resources Limited a second chance to revive its mining activities after revoking three of its mining leases due to alleged breaches of the country's mining laws. The Ministry of Lands and Natural Resources, the Minerals Commission, and Adamus Resources have been tasked with creating a 12-month plan to turn the mine around.

The plan will involve a six-member management team, with three members from Adamus and three from the government, to oversee the mine's turnaround. This decision came after a meeting aimed at resolving the dispute and saving the operation, one of the few indigenous large-scale mines in Ghana. The move follows the revocation of Adamus' Akango, Salman, and Nkroful mining leases in April 2026, which the government said was due to breaches of the Minerals and Mining Act, 2006.

Adamus Resources denied the allegations and challenged the revocation, arguing that the process was unlawful. The government upheld the revocation after an inter-ministerial committee reviewed the decision. The new arrangement provides a path for the two sides to collaborate on the mine's future, with Adamus required to develop a plan to settle its liabilities and explore ways to inject fresh capital by bringing in additional partners. Both sides must submit the completed roadmap to the presidency within two weeks.