NewzThe Government decision to establish a 12-month roadmap to turn around Adamus Resources marks a significant development in the dispute surrounding the mining company, and an important outcome of the policy dialogue initiated by IMANI with the Ministry of Lands and Natural Resources. During IMANI’s engagement with the Ministry, the government made its position clear. The Lands and Natural Resources Minister, Hon.
Emmanuel Armah-Kofi Buah defended the regulatory action taken against Adamus, stressing that no mining company, regardless of its size or influence, should operate outside Ghana’s laws and regulatory framework. IMANI agreed on the importance of regulatory discipline. But we also argued that enforcement and investor protection should not be treated as mutually exclusive.
Franklin Cudjoe, Founding President of IMANI, urged the Minister to consider a structured pathway through which Adamus could address the concerns raised by regulators, meet its obligations and work towards restoring its operations under an appropriate framework. The Minister responded positively to the proposal, indicating that government would be willing to engage where the company demonstrated a genuine commitment to making the necessary corrections. The subsequent intervention by the Presidency has now given that principle a concrete institutional form.
Under the arrangement announced on Friday, 21st August 2026, the Ministry, the Minerals Commission and Adamus Resources will develop a 12-month roadmap for the turnaround of the mine. A six-member management team, comprising three representatives from government and three from Adamus, will oversee the process. The roadmap will also address Adamus’ liabilities to the Ghana Revenue Authority, the Minerals Income Investment Fund, financial institutions and suppliers, while exploring the injection of fresh capital through additional equity partners.
The significance of this development goes beyond Adamus. For IMANI, it demonstrates the value of independent policy engagement that does not merely criticise government, but enters the policy space with evidence, questions and workable alternatives. Our intervention was grounded in a simple proposition: Ghana can enforce its laws firmly while still creating a fair and predictable pathway for legitimate investment to correct remediable deficiencies and continue creating economic value.
The Adamus Resources dispute did not arise in isolation. It sits inside a mining sector under severe regulatory and environmental pressure. During a strategic policy dialogue with IMANI, Lands and Natural Resources Minister Emmanuel Armah Kofi Buah disclosed that about 8,900 hectares of forest reserves had been completely degraded.
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