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Adamus retains financial control over mining leases as gov’t reviews revocation

Citi NewsroombyCiti Newsroom
April 30, 2026
Reading Time: 2 mins read
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Adamus Resources Limited will retain financial control over its mining leases while the government reviews its petition challenging the revocation of the concessions.

The arrangement forms part of interim measures agreed after a meeting between the Ministry of Lands and Natural Resources, the Minerals Commission, and the company’s management, following Adamus’ formal request for an administrative review of the decision affecting its Akango, Salman and Nkroful concessions.

Speaking at a press conference in Accra on Thursday, April 30, the Minister for Lands and Natural Resources, Emmanuel Armah Kofi-Buah, disclosed that operations at the mine will, for a maximum of two weeks, be overseen by a joint committee made up of representatives from both the government and Adamus Resources Limited.

The temporary oversight structure is intended to ensure continuity and stability of operations while the review process is underway.

“I have also just received from them a petition requesting administrative review and reversal of the decision that has been made to revoke the leases,” the Minister said.

He explained that a ministerial committee has been constituted to conduct a thorough assessment of the petition, including a review of earlier findings by the Minerals Commission and any additional evidence submitted by the company.

“The committee will be in place, starting work on Monday. The terms of reference will be very clear to look at the work and the recommendations that have been done and also to look at other additional information. They will directly engage Adamus and give them the opportunity to address a lot of the concerns they have in this petition,” he stated.

The committee has been given a maximum of two weeks to submit its report and recommendations.

In the interim, the Minister said the joint supervisory arrangement, alongside Adamus retaining financial control, is intended to ensure orderly management of the mine and safeguard the company’s investment pending the outcome of the review.

The latest development follows government’s earlier decision to revoke the company’s mining leases after investigations by the Minerals Commission cited multiple regulatory breaches, including illegal mining activities, lack of required permits, environmental violations and unauthorised subcontracting.

Despite the findings, the Minister emphasised that the current steps are aimed at balancing strict regulatory enforcement with fairness and due process.

He noted that the outcome of the committee’s work will guide the final decision on the status of the leases.

Tags: AdamusAngela ListEmmanual Armah-Kofi BuahGalamseyGhanaGhana NewsLeaseMinistry of Lands and Natural ResourcesRevocation
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