Adamus Resources Limited has strongly denied allegations of illegal mining. This follows the Ministry of Lands and Natural Resources' revocation of the company's mining licenses. The Ghanaian firm stated that authorities failed to follow proper legal procedures.
The company maintains it is a legal and licensed Ghanaian mining company. Adamus Resources operates under valid leases and permits. It stressed that it complies with all regulatory obligations under the Minerals and Mining Act, 2006 (Act 703).
This dispute occurs amidst Ghana's broader efforts to curb illegal small-scale mining, often called 'galamsey'. The government has intensified actions against unauthorized mining activities. This aims to protect the environment and formalize the sector. Such actions can sometimes lead to legal challenges concerning due process and regulatory fairness.
Adamus Resources cited Section 68 of the Minerals and Mining Act, 2006 (Act 703). This section details the conditions and procedures for suspending or cancelling a mineral right. The company stated this requires due process, justification, and adherence to legal standards. "Any action affecting a mining lease must follow the due process prescribed by law," the company explained.
The company noted it has frequently reported illegal mining within its concessions. Adamus also pointed to enforcement actions by security agencies. These actions led to arrests and identification of illegal mining sites. This shows a sustained challenge of illegal activities within its operating areas.
The current situation could impact investor confidence in Ghana's mining sector. Regulatory fairness and stability are crucial for attracting and retaining investment. The industry needs clear and consistent application of laws to thrive. Therefore, this case will be closely watched by investors and industry stakeholders.
Adamus Resources also revealed it holds evidence of illegal mining within its concessions. This includes photographs, video footage, and audio records. The company plans to make this information available to relevant authorities. It also denied claims of facilitating bail for suspects arrested in connection with illegal mining. The firm insists official records show no such connection.
The Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, revoked the Akango, Salman, and Nkroful mining leases. These revocations were due to alleged illegal mining and multiple breaches of mining laws. Adamus Resources Limited was also accused of unlawfully subcontracting its mining operations. This action, without ministerial consent, allegedly violates Section 14 of Act 703. Adamus Resources continues to affirm its commitment to lawful operations. It calls for the issues to be addressed based on fairness and due process.