The Ghana Chamber of Mines has commenced engagements with Adamus Resources Limited and relevant regulatory authorities following the decision by the Minister for Lands and Natural Resources to uphold the revocation of the company’s Akango, Salman and Nkroful mining leases.
The Chamber said it was seeking a full understanding of the circumstances, findings and processes that led to the decision before making further substantive comments on the matter.
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In a statement, the Chamber acknowledged the authority of government and relevant regulatory institutions to enforce Ghana’s mining laws and ensure responsible, safe and environmentally sustainable mining.
At the same time, it stressed that the enforcement of mining regulations must be anchored in due process, fairness and the consistent application of the law.
Equally, the Chamber believes that adherence to the rule of law, due process, fairness, regulatory certainty and the consistent application of the law is fundamental to maintaining confidence in Ghana’s mining industry,” the Chamber said.
The Chamber said it was particularly concerned about the potential implications of the lease revocation for workers, contractors, host communities and legitimate investments associated with Adamus Resources.
It said safeguarding livelihoods and investments must be balanced with the need to ensure that mining companies comply fully with Ghana’s laws and regulatory requirements.
The Chamber is particularly mindful of the need to safeguard workers and their livelihoods, contractors, host communities and legitimate investments in Ghana, while ensuring that the country’s laws and regulatory requirements are fully respected,” it stated.
The Chamber therefore urged all parties involved to continue using established legal and institutional channels to resolve any outstanding issues.
It said it would allow the ongoing engagements and regulatory processes to proceed before commenting further on the substantive issues surrounding the revocation.
We therefore encourage all parties to continue to act within the framework of Ghana’s laws and established regulatory processes and to pursue any outstanding matters through the appropriate legal and institutional channels,” the Chamber said.
The Ghana Chamber of Mines reaffirmed its commitment to constructive engagement with government, its member companies and other stakeholders to promote a responsible, transparent and predictable mining sector.
The Chamber said its objective remained to support a competitive mining industry that protects Ghana’s national interest, safeguards jobs and legitimate investments, and sustains investor confidence.
The Ghana Chamber of Mines remains committed to constructive dialogue with Government, its member companies and all stakeholders towards ensuring a responsible, transparent, predictable and competitive mining industry that protects Ghana’s national interest, safeguards jobs and legitimate investment, and sustains investor confidence.”
