The Government of Ghana has reached an agreement with Adamus Resources Limited to develop a 12-month roadmap aimed at reviving operations at the company’s mine.
The agreement follows a meeting at the Presidency to resolve a dispute between the government and Adamus Resources and safeguard the operations of one of the few indigenous large-scale mining companies in Ghana.
Under the agreement, the Ministry of Lands and Natural Resources, the Minerals Commission and Adamus Resources have been tasked to prepare the roadmap for turning around the mine.
A six-member management team, comprising three representatives from Adamus and three from the government, will also be established to supervise the turnaround process.
The roadmap is expected to address the financial obligations of Adamus Resources to key institutions and business partners, including the Ghana Revenue Authority (GRA), Minerals Income Investment Fund (MIIF), financial institutions and suppliers.
It will also explore options for injecting fresh capital into the mining operation, including the possibility of bringing in additional investors to acquire equity in the company.
The development follows government efforts to resolve the dispute surrounding Adamus Resources and restore the company’s operations.
According to a statement issued by the Presidency on Friday, August 21, 2026, the two sides are expected to present the completed turnaround roadmap to the Presidency within two weeks.
The agreement is expected to provide a framework for addressing the company’s financial challenges, attracting new investment and positioning the mine for sustainable operations.
The government’s intervention also seeks to protect the interests of creditors and other stakeholders while preserving the economic benefits associated with the mining operation.
