Gov’t to form 6-member team to supervise Adamus mine turnaround

The government plans to establish a six-member management team to oversee the revitalization of Adamus Resources Limited's mining operations, according to a new 12-month roadmap approved by the presidency. The team will consist of three representatives from Adamus and three from the government, with the aim of restoring the mine's operations.

This comes after a meeting at the presidency to resolve the dispute following the government's revocation of three of Adamus' mining leases. The Ministry of Lands and Natural Resources, the Minerals Commission, and Adamus Resources were instructed to present the 12-month roadmap, which is aimed at salvaging one of Ghana's few operating indigenous large-scale mines.

The revocation of the leases, initially announced in April 2026, followed investigations by the Minerals Commission into alleged breaches of the Minerals and Mining Act, 2006, and its subsidiary legislation. These breaches included unauthorized assignment of mineral rights, mining outside approved areas, failure to obtain necessary approvals, and the involvement of foreign nationals.

Although Adamus rejected the allegations, it eventually agreed to the revocation, leading to the appointment of the management team. Under the new arrangement, Adamus will also be required to settle its liabilities to various entities, including the Ghana Revenue Authority, the Minerals Income Investment Fund, financial institutions, and suppliers.

The government and Adamus will explore methods to inject fresh capital into the operation by inviting additional partners to take equity in the mining business. The finalized roadmap is expected to be presented to the presidency within two weeks.