Adamus Resources Limited has underscored that it welcomes government’s intervention to resolve its challenges and return the Adamus mine to full, sustainable operation.
The company said the outcome of its recent meeting at the Presidency is a “significant and constructive step forward” in securing the future of the mine, its workers, contractors, suppliers, host communities and all stakeholders who depend on the operation.
Per the agreed arrangement, Adamus Resources, the Ministry of Lands and Natural Resources and the Minerals Commission will work together to produce a 12-month turnaround roadmap for the mine.
To supervise the execution of the plan, a six-member management team will be set up, made up of three representatives from Adamus and three from government.
In a statement, the company said the joint approach will ensure focus remains on reviving the mine and safeguarding its contribution to Ghana and its stakeholders.”
Adamus remains committed to the future of the mine,” the company stated, reassuring staff, contractors, suppliers, host communities, business partners, investors and the general public that it appreciates the anxiety created by recent developments.
It noted that the mine is critical to livelihoods, businesses and communities in the Western Region and also makes a significant contribution to Ghana’s mining industry and economy.
It has therefore appealed to its employees, contractors, suppliers and host communities to stay calm and support the agreed process.
Adamus said it will keep engaging government and the relevant state institutions and will give updates as the turnaround progresses.
The company said it is confident the mine’s current challenges can be addressed through collaboration between government, Adamus, workers, financiers, suppliers and host communities.
The immediate next step, it said, is to present the 12-month turnaround roadmap to the Presidency within two weeks.According to Adamus, the initiative goes beyond settling a dispute.
It is about protecting a key national asset, saving jobs and livelihoods, rebuilding confidence and laying the foundation for a viable and productive future for the mine.
The company expressed gratitude to government, the Presidency, the Ministry of Lands and Natural Resources and the Minerals Commission for their commitment to finding a solution.
It also thanked its employees, host communities, suppliers, financial partners and the Ghanaian public for their patience and continuous support.”
Adamus Resources Limited remains committed to working with all stakeholders to turn this opportunity into a successful turnaround, a stronger future for the mine and restore confidence in the Ghana mining industry,” the statement said.
