General

Adamus Resources loses battle as Lands Minister upholds revocation of 3 mining Leases

The Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, has upheld the revocation of three mining leases belonging to Adamus Resources Limited after a review committee examined the company’s petition against the government’s initial decision.

Adamus Resources loses battle as Lands Minister upholds revocation of 3 mining Leases
Adamus Resources loses battle as Lands Minister upholds revocation of 3 mining Leases

The leases, covering the Akango, Salman and Nkroful concessions in the Western Region, were initially revoked in April 2026 following investigations by the Minerals Commission.

The latest decision brings to an end the review process initiated after Adamus Resources challenged the revocation.

According to findings presented by the Minerals Commission, inspections of the company’s operations uncovered what authorities described as sustained and material breaches of Ghana’s mining laws.

Among the alleged violations was the unauthorized assignment of mineral rights, with portions of the company’s concessions reportedly subleased to foreign nationals for independent mining activities without prior written approval from the sector minister.

The company was also accused of conducting mining operations outside designated and permitted areas without the required operating permits from the Chief Inspector of Mines.

The Minerals Commission further found that the company had commenced operations in some areas without securing the necessary environmental and forestry approvals from the Environmental Protection Authority (EPA).

Financial liabilities
Government takes control

The review committee also identified a number of financial obligations it said remained outstanding.

These included US$2.56 million in unpaid mineral rights fees, GH¢86.8 million in unpaid royalties and GH¢290.5 million in tax arrears.

The committee also reported unexplained variances in the company’s gold exports and said Adamus Resources had transferred approximately US$224 million to related parties abroad between 2020 and 2024.

It further noted that environmental bonds associated with the operations had only been partially fulfilled.

The committee concluded that the company had deliberately concealed information and provided misleading data during the review process.

Following the Minister’s decision, officials from the Ministry of Lands and Natural Resources and the Minerals Commission visited the mine site to engage workers and other stakeholders.

The Minister assured workers that the Minerals Commission would work to ensure that operations at the mine continued without interruption while government considered the next steps.

Mr Buah has also indicated that he intends to seek an order requiring Adamus Resources to fully settle its outstanding royalties, taxes and other financial liabilities owed to the Government of Ghana.

The development marks another significant step in government's efforts to enforce compliance with Ghana's mining laws and strengthen accountability within the country's mining sector.

Adamus Resources had previously rejected the allegations underlying the initial revocation, insisting that it was a duly licensed mining company and disputing claims of illegal mining and unlawful subcontracting. The company had also raised concerns about due process.

Written by

Daniel

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