Ghana Chamber of Mines’ response to the revocation of mining leases of Adamus Resources

Concern About the Revocation of Adamus’ Mining Leases

The Ghana Chamber of Mines has taken note of the decision by the Hon. Minister for Lands and Natural Resources, Mr Emmanuel Armah-Kofi Buah, to revoke the Akango, Salman and Nkroful mining leases held by Adamus Resources Limited. This revocation follows investigations by the Minerals Commission into alleged violations of the Minerals and Mining Act, 2006 (Act 703) and related regulations. Adamus Resources Limited is a member of the Ghana Chamber of Mines. The Chamber acknowledges the gravity of the findings as presented by the Minerals Commission. It reaffirms its unwavering commitment to responsible, safe, and lawful mining in Ghana.

The Chamber has consistently maintained that all mining operations must be conducted in full compliance with Ghana’s legal and regulatory framework. The long-term credibility, stability and competitiveness of Ghana’s mining industry depend on adherence to these standards by all operators.

The Chamber is equally mindful of the importance of due process in regulatory and enforcement actions. We have noted the position of Adamus Resources Limited and its legal representatives. They contend the revocation did not follow the statutory notice requirements under Section 68(2) of Act 703 and Regulation 200(3) of L.I. 2176. These procedural protections underpin the rule of law and investor confidence in Ghana’s mining sector. They must not be disregarded.

The Chamber is comforted by the recent engagement between the government and Adamus, including the establishment of a ministerial committee to review Adamus’s petition against the revocation of its Mining Lease. We therefore call on all parties, the Ministry of Lands and Natural Resources, the Minerals Commission, and Adamus Resources Limited, to continue to engage constructively and in good faith within the framework of the law to resolve the matter. Regulatory enforcement actions must be both firm and consistent with statutory provisions, while also ensuring that affected entities are accorded the procedural safeguards provided under Ghanaian law.

The Chamber remains committed to promoting environmentally and socially responsible mining and will continue to work closely with regulators, member companies, and other stakeholders to strengthen compliance, improve industry standards, and safeguard the long-term sustainability of the sector. Furthermore, the Chamber notes the potential impact of this development on employees and host communities and supports efforts to mitigate adverse socio-economic consequences. We expect that the interim committee, which includes members of Adamus Resources Limited, will continue to ensure that any negative impact is mitigated.

The Ghana Chamber of Mines reiterates its unwavering commitment to responsible mining practices, regulatory compliance, and constructive engagement with government and stakeholders in advancing the sustainable development of Ghana’s mineral resources.

Issued by:

The Ghana Chamber of Mines

NOTES TO THE EDITOR

The Ghana Chamber of Mines is the main mining industry association in Ghana. The Chamber represents the collective interests of companies involved in Ghana’s mineral exploration, production, and processing.

This post has already been read 161 times!