The Presidency has directed the Ministry of Lands and Natural Resources, the Minerals Commission and Adamus Resources Limited to present a 12-month roadmap for turning around the Adamus mine.
The directive includes the formation of a six-member joint management team, comprising three members from Adamus and three from government, to supervise the turnaround.
A statement issued Friday evening by the Minister of State in charge of Government Communications and Presidential Spokesperson, Felix Kwakye Ofosu, said the agreement was reached after a meeting at the Presidency aimed at resolving the dispute between the two parties and salvaging one of the few operating indigenous large-scale mines.
According to the statement, the roadmap will include a plan for settling liabilities owed by Adamus to the Ghana Revenue Authority, the Minerals Income Investment Fund, financial institutions and suppliers.
It will also explore avenues for injecting fresh capital by inviting additional partners to take up equity in the mining operation.
The two sides are expected to present the roadmap to the Presidency within two weeks.
Chamber of Mines
The Ghana Chamber of Mines has commended the government “for the significant decision taken towards resolving the impasse” involving Adamus Resources Limited.
The Chamber welcomed the agreement to implement a twelve-month roadmap to turn around the mine, supported by a six-member joint management team.
“We believe this collaborative approach demonstrates a commitment to dialogue, investor confidence and the preservation of productive mining assets,” the statement dated August 21, 2026 disclosed.
It said as one of Ghana’s few indigenous large-scale mining operations, the successful revival of Adamus Resources is important for protecting jobs, sustaining local businesses and host communities, and preserving its contribution to government revenue and the wider mining value chain.
A Daily Guide Report