The Ghana Chamber of Mines has called for strict adherence to due process in the revocation of the mining lease of Adamus Resources Limited, warning that regulatory actions must be carried out within the framework of Ghana’s laws to protect investor confidence in the mining sector.
Speaking at a press briefing in Accra on Thursday, Chief Executive Officer of the chamber, Kenneth Ashigbey, said the chamber acknowledges the seriousness of allegations levelled against the company but insists that lawful procedures must be respected.
According to him, investigations by the Minerals Commission into alleged breaches of the Minerals and Mining Act, 2006 (Act 703) and related regulations led to the revocation action against Adamus Resources.
Ashigbey noted that the chamber remains committed to responsible mining practices and compliance with Ghana’s legal and regulatory framework.
“The long-term credibility, stability and competitiveness of Ghana’s mining industry depend on adherence to these standards by all operators,” he stated.
He, however, indicated that Adamus Resources and its legal representatives have raised concerns that the revocation process may not have complied with statutory notice requirements under Section 68(2) of Act 703 and Regulation 203 of LI 2176.
“These procedural protections underpin the rule of law and investor confidence in Ghana’s mining sector, and they must not be disregarded,” Ashigbey stressed.
The chamber welcomed ongoing engagements between government and Adamus Resources, including the establishment of a ministerial committee to review petitions filed by the company against the revocation of its mining lease.
Ashigbey called on the Ministry of Lands and Natural Resources, the Minerals Commission and Adamus Resources Limited to continue engaging constructively and in good faith to resolve the matter.
He further maintained that while regulatory enforcement actions must be firm, affected entities should also be accorded the procedural protections guaranteed under Ghanaian law.
The chamber also expressed concern over the possible impact of the dispute on employees and host communities dependent on the operations of the company.
According to Ashigbey, efforts must be made to minimise any adverse social and economic consequences arising from the development.
He reaffirmed the chamber’s commitment to promoting environmentally and socially responsible mining while working with regulators and stakeholders to strengthen compliance and sustainability within the sector.
Ashigbey also described Adamus Resources as one of the few wholly Ghanaian-owned mining companies operating beyond Ghana, stressing the need for all legal processes surrounding the matter to be properly followed.
