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Thursday, August 13, 2026

Adamus Mine: Gov’t denies Chinese takeover plans

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The Ministry of Lands and Natural Resources has rejected reports that the government plans to hand over the Adamus Resources Limited mining concession to Chinese investors following the revocation of the company’s mining leases.

The Ministry’s Media Relations Officer, Paa Kwesi Schandorf, said the concession remains under the supervision of the Minerals Commission, which is currently overseeing activities at the mine.

Speaking on Citi FM on Wednesday, August 12, 2026, Mr Schandorf said any decision regarding the future of the Adamus mine concession would be taken strictly in accordance with the applicable legal and regulatory procedures.

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He also dismissed reports that Chinese investors had already been brought onto the concession, insisting that the government had neither engaged nor held discussions with any Chinese investor over the mine.

“The government has not contacted any Chinese investor whatsoever. There has not been any discussion with respect to any Chinese investor taking over the mine,” he said.

Mr Schandorf added that the government could assure the public that no Chinese investor had been brought onto the mine and that there were no plans to transfer the concession to Chinese investors.

His comments follow reports that some Chinese nationals, reportedly believed to be investors, had entered the Adamus mine concession at Salman in the Ellembelle District less than a day after the government announced that it would uphold the revocation of the company’s mining leases.

The government has justified the revocation by citing alleged breaches of mining regulations, including claims that Adamus Resources conducted mining activities outside approved areas and had outstanding financial obligations.

On Monday, August 10, Lands and Natural Resources Minister Emmanuel Armah-Kofi Buah upheld the revocation of the mining leases held by Adamus Resources Limited.

The decision followed the submission of a final report by an Inter-Ministerial Committee that had been constituted to review the company’s petition against the initial revocation.

The Minister’s determination brings to an end a review process that began after the Minerals Commission recommended the revocation of the company’s Akango, Salman and Nkroful mining leases in April 2026.

The initial decision followed inspections by the Inspectorate Division of the Minerals Commission, which identified what it described as sustained and material breaches of the Minerals and Mining Act, 2006 (Act 703), and its subsidiary legislation.

Among the violations identified was the alleged unauthorised assignment of mineral rights.

According to the Minerals Commission’s findings, Adamus Mine had subleased portions of its concessions to foreign nationals to undertake independent mining operations without obtaining the prior written approval of the sector Minister, contrary to Section 14(1) of Act 703.

The company was also accused of conducting mining activities outside demarcated and permitted areas without an approved Operating Permit from the Chief Inspector of Mines.

That conduct was said to be in breach of Regulations 200(1)(b) and 200(1)(d) of the Minerals and Mining (Licensing) Regulations, 2012 (L.I. 2176).

For now, the Ministry maintains that the Adamus concession remains under regulatory supervision and that no decision has been taken to hand it over to Chinese investors.

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