No Chinese takeover of Adamus concession
Adamus mine
The Ministry of Lands and Natural Resources has refuted claims that the Adamus Resources Limited mining concession will be transferred to Chinese investors after the revocation of the company’s mining lease.
According to the Ministry’s Media Relations Officer, Paa Kwesi Schandorf, the concession remains under the control of the Minerals Commission, which is currently managing activities at the site pending any future decision.
Speaking on Accra-based Citi FM on Wednesday, August 12, 2026, Schandorf said the government had not initiated any process to hand over the concession to Chinese investors and that its future would be determined through the required legal and regulatory procedures.
He described reports of a Chinese takeover as false and urged the public to disregard the speculation.
“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. What we can concretely assure is that no Chinese investor has been brought onto the mine and there is no intention to hand it over to any Chinese investors whatsoever,” he stated.
His comments follow reports that Chinese nationals, believed to be investors, had entered the Adamus Resources concession at Salman in the Ellembelle District shortly after the government confirmed its decision to uphold the revocation of the company’s mining lease.
Authorities have justified the revocation, pointing to alleged mining outside approved concession boundaries, regulatory violations, and outstanding financial obligations owed by the company.
On Monday, August 10, 2026, the sector minister, Emmanuel Armah-Kofi Buah, upheld the revocation of the mining leases held by Adamus Resources Limited following the submission of the final report by the Inter-Ministerial Committee tasked with reviewing the company’s petition against the initial decision.
The Minister’s final determination brings to a close a review process that was initiated after the Minister, acting on the recommendation of the Minerals Commission, revoked the Akango, Salman and Nkroful mining leases of Adamus Resources Limited in April 2026.
The initial revocation followed a series of inspections conducted by the Inspectorate Division of the Minerals Commission which uncovered sustained and material breaches of the Minerals and Mining Act, 2006 (Act 703) and its subsidiary legislation.
The Minerals Commission’s initial investigations established multiple violations by Adamus Resources Limited, including the unauthorised assignment of mineral rights. The company subleased portions of its concessions to foreign nationals for independent mining operations without the prior written approval of the Minister, contrary to section 14(1) of Act 703, and mining outside demarcated and permitted areas without an approved Operating Permit from the Chief Inspector of Mines, in contravention of Regulations 200(1)(b) and 200(1)(d) of the Minerals and Mining (Licensing) Regulations, 2012 (L.I. 2176).
