Adamus Resources Limited has welcomed government’s decision to provide a pathway for resolving the challenges confronting the company and restoring the Adamus mine to sustainable operations.
The company says the outcome of a meeting at the Presidency is a significant step towards protecting the future of the mine, its employees, contractors, suppliers and host communities.
Under an agreed framework, Adamus Resources, the Ministry of Lands and Natural Resources and the Minerals Commission will develop a 12-month roadmap to turn around the mine.
A six-member management team, comprising three representatives from Adamus and three from government, will supervise the implementation of the turnaround programme.
In a statement, Adamus Resources says the collaborative approach will focus on preserving and rebuilding what it describes as a strategically important Ghanaian mining operation, while protecting jobs, local businesses and government revenues.
The company has also urged employees, contractors, suppliers and host communities to remain calm and supportive as the process unfolds.
It says the next major milestone is the presentation of the 12-month turnaround roadmap to the Presidency within the agreed two-week period.
Adamus Resources, one of Ghana’s indigenous large-scale mining operations, says it remains committed to working with government, financiers, suppliers, employees and communities to overcome the challenges confronting the mine and restore confidence in the operation.
The company has expressed appreciation to government, the Presidency, the Ministry of Lands and Natural Resources and the Minerals Commission for engaging with management to seek a constructive resolution.
