The Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, has upheld the revocation of three mining leases belonging to Adamus Resources Limited following an independent review of the company’s petition against the initial decision.
The leases covering the Akango, Salman and Nkroful concessions were revoked in April 2026 after inspections by the Inspectorate Division of the Minerals Commission uncovered what it described as sustained and material breaches of Ghana’s mining laws.
The latest decision follows the submission of the final report of an Inter-Ministerial Committee established to review Adamus Resources’ petition and assess the circumstances surrounding the revocation.
The Minerals Commission had earlier cited several violations, including the unauthorised assignment of mineral rights to foreign nationals without prior written approval from the Lands Minister.
The company was also found to have undertaken mining activities outside its approved concession areas without the required operating permits, contrary to provisions of the Minerals and Mining Act, 2006 (Act 703) and the Minerals and Mining (Licensing) Regulations, 2012 (L.I. 2176).
The investigations further established that Adamus Resources failed to secure the necessary environmental and forestry approvals from the Environmental Protection Authority before mining operations commenced in some of the assigned areas.
The Inter-Ministerial Committee also found that the company failed to fully cooperate with the Interim Management Committee established to oversee the mine.
According to the findings, Adamus Resources allegedly concealed information and provided misleading data during the review process.
The committee further identified significant financial obligations owed to the state, including 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 review also raised concerns over unexplained variances in gold exports and the transfer of about US$224 million to related parties abroad between 2020 and 2024.
In addition, the committee found that the company had only partially fulfilled its environmental bond obligations.
Following the final determination, Minister Emmanuel Armah-Kofi Buah, together with officials from the Ministry and the Minerals Commission, visited the Adamus mine to engage management, workers and other key stakeholders.
During the visit, the Minister assured workers that the Minerals Commission would take steps to ensure uninterrupted operations at the mine while government considers the next course of action.
The Minister also indicated that efforts would be made to secure an order compelling Adamus Resources to fully and promptly settle its outstanding royalties, taxes and other financial obligations to the Government of Ghana.
The decision marks the latest development in government’s efforts to strengthen regulatory compliance, protect state revenue and ensure that mining companies operating in Ghana adhere strictly to the country’s mining, environmental and fiscal laws.
