Barely 24 hours after Adamus licence revocation, Chinese ‘investors’ move in

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Barely 24 hours after Adamus licence revocation, Chinese ‘investors’ move in

Reports suggest that barely 24 hours after the government announced its decision to uphold the revocation of Adamus Resources Limited’s mining concession at Salman in the Ellembelle District, some Chinese nationals believed to be investors have reportedly moved in.

According to reports, individuals who signed in as officials of the World Gold Council arrived at the mining site following the announcement by the Lands Minister.

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The circumstances surrounding the Chinese nationals’ presence at the site remain unclear.

The development comes on the back of a dispute between Adamus Resources and the government over the revocation of the company’s mining leases.

Meanwhile, Adamus Resources Limited, in a statement issued on Wednesday, August 12, 2026, has served notice that it will challenge the revocation of its mining leases by the Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah.

According to Adamus Resources Limited, the revocation is unlawful and contrary to Ghana’s mining laws.

In a press statement, Adamus Resources Limited exprssed it disappointment with the decision.

The company argued that the process used to revoke its mineral rights failed to comply with procedures under the Minerals and Mining Act, 2006 (Act 703).

“The effort by the Minister to strip Adamus Resources Limited of its mineral rights was without regard to any of the statutory procedures laid down in the Minerals and Mining Act, 2006 (Act 703),” the company said.

Adamus also denied allegations levelled against the company, describing them as “unfounded, contrived and deliberately manufactured” to deprive it of its mining leases.

They further accused Emmanuel Armah-Kofi Buah of abusing his powers and disregarding the law, leading to the revocation.

“The company has duly noted the abuse of power wrapped in the absolute disregard of law in the process leading to the contemptible revocation of its leases,” it said.

According to Adamus, it would announce the steps it intends to take to challenge the revocation in the coming days.

“The good people of Ghana will be apprised of the cogent steps the company is taking to shred this baseless revocation in the coming days,” the statement added.

The development follows the Minister for Lands and Natural Resources announcing that the government has officially taken over the administrative role of Adamus Resources Limited and handed it to the Minerals Commission.

The Lands Minister upheld the initial revocation of Adamus Resources’ mining lease following the submission of a report by the Ministerial Review Committee set up to consider appeals by the company.

Emmanuel Armah-Kofi Buah made this known during a working visit to the Adamus Mine at Salman in the Ellembelle District.

According to Kofi Buah, the review committee had affirmed most of the breaches identified in the initial assessment, leading to a decision for the Minerals Commission to take over the mine’s operations.

He disclosed that the committee’s findings supported the earlier decision to revoke the lease and paved the way for the Minerals Commission to assume responsibility for the mine.

Emmanuel Armah-Kofi Buah stated, “Following the report of the Minerals Commission to the Chief Inspector of Mines, and with recommendations of the great violation of the Mining Act and mining regulations. A recommendation for revocation of some mining leases was made.

“The Minister agreed with them; there was a petition, and we formed the ministerial review committee. That work has come to an end. As a Minister, I have concluded to uphold the revocation. What that means is that the Minerals Commission should, with immediate effect, take administrative control of this Mine,” he said.

The Lands Minister instructed the Minerals Commission to assume control immediately, promising staff job security as production prepares to resume.

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