21/08/2026
ADAMUS RESOURCES GETS GOVERNMENT REPRIEVE AS PARTIES SEEK TO REVIVE MINE
The Government has given Adamus Resources Limited a 12-month window to turn around its mining operations, following a meeting at the Presidency aimed at resolving the dispute surrounding the mine.
The Ministry of Lands and Natural Resources, the Minerals Commission and Adamus have been tasked to develop a 12-month turnaround roadmap, to be supervised by a six-member management team made up of three representatives from Adamus and three from Government.
The roadmap will address:
🔹 Adamus’ outstanding liabilities to the Ghana Revenue Authority, MIIF, financial institutions and suppliers.
🔹 Strategies to inject fresh capital into the mining operation.
🔹 Bringing in additional partners to acquire equity in the operation.
🔹 Measures to restore the mine to sustainable operations.
The agreement is aimed at salvaging one of Ghana’s few operating indigenous large-scale mines and protecting the economic value and jobs associated with the operation.
The two sides are expected to present the roadmap to the Presidency within two weeks.
A new chapter begins for Adamus Resources — but the big question is whether the proposed turnaround can restore the mine to full and sustainable production.
