Adamus Resources Limited is to develop a plan to settle its outstanding liabilities to the Ghana Revenue Authority (GRA), the Minerals Income Investment Fund (MIIF), financial institutions and suppliers as part of a new 12-month roadmap to turn around its mining operation.

The requirement forms part of an agreement reached between the government and Adamus following a meeting at the presidency to resolve their dispute and find a way to restore operations at the mine.

The Ministry of Lands and Natural Resources, the Minerals Commission and Adamus Resources have been asked to present the 12-month roadmap, which will also provide for a six-member management team comprising three representatives from Adamus and three from the government to supervise the turnaround.

The presidency said the agreement was aimed at resolving the dispute between the two parties “to salvage what is one of a few operating indigenous large-scale mines.”

The latest development comes less than two weeks after Lands and Natural Resources Minister Emmanuel Armah-Kofi Buah upheld the revocation of three Adamus mining leases covering Akango, Salman and Nkroful.

The leases were initially revoked in April 2026 after Minerals Commission investigations identified alleged sustained and material breaches of the Minerals and Mining Act, 2006 (Act 703), and its subsidiary legislation.

The alleged breaches included the unauthorised assignment of mineral rights, mining outside demarcated and permitted areas without the required operating permits, failure to secure environmental and forestry approvals, and the involvement of foreign nationals in mining activities on the concessions.

The review process also identified financial obligations involving Adamus. The committee's findings cited outstanding mineral rights fees, royalties and tax liabilities, while the government subsequently upheld the revocation of the three leases.

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Adamus rejected the allegations and challenged the revocation, arguing that the government had failed to comply with the statutory procedures governing the cancellation of mining leases.

The company petitioned the Lands Minister, prompting the establishment of an Inter-Ministerial Committee to review its case. After receiving the committee's final report, Mr Buah upheld the revocation on August 10 and directed the Minerals Commission to assume administrative control of the mine.

Adamus subsequently rejected the decision and announced plans to challenge the revocation, describing the process as unlawful and contrary to the Minerals and Mining Act.

Under the latest agreement, however, the government and Adamus are to work on a roadmap for the mine's turnaround, including measures to address the company's financial obligations.

The Presidency said the roadmap “will include a plan for settling liabilities by Adamus to Ghana Revenue Authority, Minerals Income Investment Fund, Financial institutions and suppliers.”

The plan will also explore ways to inject fresh capital into the operation by inviting additional partners to acquire equity in the mining business.

“The road map will also include exploring means to inject fresh capital by inviting additional partners to take up equity in the mining operation,” the Presidency said.

The two sides are expected to present the completed roadmap to the Presidency within two weeks.

The new arrangement provides a fresh opportunity for the government and Adamus to work towards restoring the operation of the mine, one of Ghana's few indigenous large-scale mining operations.