Adamus must use 12-month reprieve to save mine – Kofi Bentil
News

Adamus must use 12-month reprieve to save mine – Kofi Bentil

admin

Paul Bornaah

August 22, 2026 14views 1 hour ago
Share:
Audio
0:00
0:00
Vice President of IMANI Africa, Kofi Bentil, has urged the management of Adamus Resources Limited to take seriously the government’s decision to give the company a 12-month window to turn around its mining operations.

Mr Bentil warned that the reprieve could be the company’s last opportunity to resolve the issues surrounding its operations and preserve the mine.

Speaking on the Channel One Newsroom on Friday, August 21, 2026, he said Adamus must use the opportunity to address concerns raised by the government and regulators and work towards making the mine viable.

“They should take it very seriously,” Mr Bentil said.

“We’ve got our job as citizens to speak up for them. And if they let this opportunity slip by, I don’t think they will have any other opportunity.”

The government on Friday directed the Ministry of Lands and Natural Resources, the Minerals Commission and Adamus Resources to develop a 12-month roadmap for turning around the operations of the mine.

The roadmap will be overseen by a six-member management team comprising three representatives from Adamus and three from the government.

Mr Bentil said the company must respond fully to the concerns raised by the Ministry and the Minerals Commission, including issues relating to its financial obligations.

“They should answer all the questions that the Ministry has and that the Minerals Commission has. Answer all the questions,” he said.

He urged Adamus to make arrangements with the government to settle outstanding liabilities and secure fresh capital to strengthen the mine.

“And then when it comes to things like they haven’t paid their taxes or whatever it is, have an arrangement with the government and have a plan to pay for all of those things,” he said.

Mr Bentil also called on the owners to inject capital into the operation and improve its viability. He said the ultimate objective should be to preserve Ghanaian ownership and participation in the mining sector.

“What we want to see is that Ghanaians are owning mines, are involved in mining, and they are doing it well, so that more people will enter that sphere and over time will come to own our natural resources,” he said.

The government’s intervention follows a dispute over Adamus Resources’ mining leases, which were revoked by the Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, before the decision was upheld after a ministerial review.

The latest agreement at the Presidency gives the company an opportunity to work with the government to address the challenges facing the mine and explore options for fresh investment.

The government and Adamus are expected to present the 12-month roadmap to the Presidency within two weeks.
citinewsroom
admin

Paul Bornaah

Computer Science graduate passionate about Cybersecurity, AI, emerging technologies, and credible news sharing

Join WhatsApp Channel