Adamus Resources Limited has welcomed the decision by Government to provide a pathway for resolving the impasse surrounding its mining operations and to support efforts to restore the mine to sustainable operations.
In a statement issued on Friday, August 21, 2026, the company described the outcome of the meeting at the Presidency as a “significant and constructive step forward” in protecting the future of the Adamus mine, its employees, contractors, suppliers, host communities and other stakeholders.
The reprieve comes days after the Ministry of Lands and Natural Resources upheld the revocation of the company’s three mining leases covering the Akango, Salman and Nkroful concessions, following investigations by the Minerals Commission into alleged breaches of the Minerals and Mining Act.
Under the new framework agreed at the Presidency, the Ministry of Lands and Natural Resources, the Minerals Commission and Adamus Resources will jointly develop a 12-month roadmap to turn around the mine. The parties have been given two weeks to submit the plan to the Presidency.
A six-member management team will supervise implementation of the turnaround programme, comprising three representatives from Adamus and three from Government.
According to a statement from the Presidency, the roadmap will include a plan for settling liabilities owed by Adamus to the Ghana Revenue Authority (GRA), the Minerals Income Investment Fund (MIIF), financial institutions and suppliers, as well as exploring means to inject fresh capital by inviting additional equity partners.
Government has described the intervention as an effort to salvage one of the country’s few operating indigenous large-scale mines.
In its statement, Adamus said it understands the anxiety the developments of recent months may have caused and recognized the importance of the mine to livelihoods in the Western Region and its contribution to Ghana’s mining sector.
“To our employees, contractors, suppliers, host communities, business partners, investors and the people of Ghana, we wish to assure you that Adamus remains committed to the future of the mine,” the company said.
“We therefore urge our employees, contractors, suppliers and communities to remain calm, hopeful and supportive as the agreed process unfolds.
”The company said it will continue to engage constructively with Government and relevant institutions and will provide updates as the process progresses.
The Ghana Chamber of Mines has commended Government for the decision, describing the collaborative approach as a demonstration of commitment to dialogue, investor confidence and preservation of productive mining assets.
