Skip to main content

Chamber of Mines welcomes 12-month roadmap to revive Adamus Resources

 Adamus Resources, Chamber of MinesThe Ghana Chamber of Mines has welcomed the Government’s latest intervention to resolve the impasse surrounding Adamus Resources Limited, describing the agreement as a significant step towards restoring the operations of the mine.

In a statement issued in Accra on Friday, August 21, 2026, the Chamber said it supported the agreement to implement a 12-month roadmap aimed at turning around the mine, with the process to be supported by a six-member joint management team.

According to the Chamber, the collaborative approach demonstrates the government and stakeholders’ commitment to dialogue, investor confidence and the preservation of productive mining assets.

The Chamber said the successful revival of Adamus Resources was particularly important because it is one of Ghana’s few indigenous large-scale mining operations.

It noted that restoring the mine would help protect jobs, sustain local businesses and host communities, and preserve the company’s contribution to government revenue and the broader mining value chain.

The Chamber welcomes the agreement to implement a twelve-month roadmap to turn around the mine, supported by a six-member joint management team,” the statement said.

It commended the Minister for Lands and Natural Resources and the leadership of the Minerals Commission for their efforts in finding what it described as a practical way forward to resolve the impasse.

The Chamber also acknowledged Adamus Resources Limited for its constructive engagement throughout the process.

Call for commitment to roadmap

The Ghana Chamber of Mines urged all parties involved to maintain transparency, accountability and commitment to the agreed roadmap.

It said particular attention must be given to addressing outstanding liabilities and securing the investment required to ensure the sustainable operation of the mine.

The Chamber stressed that the successful implementation of the roadmap would be critical to restoring confidence in the mine and securing its long-term contribution to Ghana’s economy.

The Ghana Chamber of Mines remains ready to support efforts that protect investments and jobs, promote responsible local participation and strengthen the long-term contribution of mining to Ghana’s development,” it said.

The latest development follows efforts by the government and other stakeholders to resolve the challenges surrounding Adamus Resources and establish a sustainable framework for the continued operation of the mine.

As the industry’s main association, the Ghana Chamber of Mines represents companies engaged in mineral exploration, production and processing in Ghana.

Labels:

Comments

Post a Comment

Popular posts from this blog

NESCAFÉ Launches Real Vibes Text & Win Promo to Reward Coffee Consumers Across Ghana

 NESCAFÉ has launched the Real Vibes Text & Win Promo, an exciting consumer promotion designed to reward loyal coffee lovers and bring the brand’s My Coffee, My Vibe experience even closer to consumers across the country. Running from September to December, the promotion gives consumers the opportunity to enjoy their favourite NESCAFÉ coffee while standing a chance to win exciting prizes, including phones, motorcycles, airtime and the ultimate grand prize—an electric SUV. Speaking at the launch, Lily Ntim, Category Development Manager for NESCAFÉ, said the promotion reflects NESCAFÉ’s commitment to creating, rewarding and memorable experiences for consumers. “Today, we are excited to introduce the NESCAFÉ Real Vibes Text & Win Promo, a campaign designed to bring the My Coffee, My Vibe experience even closer to our consumers,” she said. She added that the campaign is not only about prizes, but also about celebrating the everyday moments consumers enjoy with their coffee. “T...
Post a Comment
Read more

Ghana Home Loans

With interest rates declining, a more liquid environment and a macroeconomic stability, mortgage financing is expected to see an ease of credit. And Ghana Home Loans being a leader in this industry is expected to lead the way. Ghana Home Loans (GHL), a leader in home mortgage, continues to be the frontier in fulfilling dreams of many Ghanaians in homeownership. Since starting business in 2006, it has also provided many existing homeowners with Equity Release mortgages to support their businesses, pay educational fees, improve their properties, or simply pursue other personal hobbies and interests. Ghana Home Loans is a mortgage finance institution which operates under Bank of Ghana’s supervision as a non-bank financial institution. At present, the Company remains the only such institution that focuses exclusively on the provision of mortgage product. Through the Home Completion mortgage and Home Construction mortgage products, Ghana Home Loans has enabled many qualified applican...
16 comments
Read more

Tender Committee recommends E&P for Damang Mine lease transfer

  A Tender Committee has recommended the grant of the mining lease for the Damang Gold Mine to Engineers and Planners Limited, following a competitive evaluation process conducted by the Minerals Commission. The recommendation comes after a tender process initiated under Regulation 258 of the Minerals and Mining (Licensing Regulations), 2012 (LI 2176), aimed at selecting a strategic investor to take over the mining lease and operations of the Damang mine. According to the report, four companies responded to the public tender announced in the media. Out of these, two firms were shortlisted by the Mineral Titles Department of the Minerals Commission and subsequently submitted to the Tender Committee for detailed assessment. After what was described as a comprehensive evaluation, Engineers and Planners Limited emerged as the highest evaluated bidder, leading to the Committee’s recommendation for the award of the lease. Gold Fields Ghana Limited, which has operated in the country since...
Post a Comment
Read more