The Ministry of Lands and Natural Resources has rejected claims by Adamus Resources Limited that the revocation of its mining leases was unlawful, saying the decision was based on findings of regulatory, legal and financial breaches by the company.
The Ministry, in a statement issued on Wednesday, August 12, 2026, also dismissed speculation that the revocation was intended to pave the way for the sale of Adamus Resources Limited or its mining assets to another investor.
According to the Ministry, the Minerals Commission identified “consequential breaches” of Ghana’s mining laws, regulatory requirements and financial obligations following a review of the company’s operations.
One of the breaches identified was mining outside approved and permitted areas without the required Operating Permit from the Chief Inspector of Mines. The Ministry said the conduct violated applicable mining regulations, including Regulation 200(1)(b) of the Minerals and Mining (Health, Safety and Technical) Regulations.
The Commission also identified other regulatory and operational breaches, as well as outstanding financial obligations arising from the company’s mining operations.
The Ministry said the Minister’s approval of the revocation was grounded in Section 5(1) of the Minerals and Mining Act, 2006 (Act 703), acting on the recommendation of the Minerals Commission.
“The revocation of the mining leases is not a decision to sell Adamus Resources Limited or its mining assets,” the Ministry stated.
It said the government had a responsibility to ensure that mineral resources were exploited within the law and in a manner that protected the public interest.
“The decision concerning Adamus Resources Limited was therefore based on compliance, legality and protection of the public interest, and not on an intention to transfer the company’s assets to a preferred investor,” the statement added.
The Ministry further stressed: “There is currently no Government decision to sell Adamus Resources Limited or its mining assets.”
It said government remained committed to transparency, fairness and due process in managing Ghana’s mineral resources and would continue working with the Minerals Commission to ensure mining companies complied with applicable laws, licence conditions and financial obligations.
