Accra: Adamus Resources Limited has rejected the revocation of its mining leases by the Minister for Lands and Natural Resources, describing the decision as unlawful and procedurally improper. The company, in a statement signed by its Group Human Resources and Administration Manager, Mr. Alex Obu-Simpson, expressed receiving the decision with 'shock and disappointment.'
According to Ghana News Agency, Adamus Resources Limited stated that the Minister's decision to revoke its mineral rights was taken without regard to statutory procedures prescribed under the Minerals and Mining Act, 2006 (Act 703). The company emphasized that the effort to strip it of its mineral rights did not adhere to any of the statutory procedures laid down in the Act.
The company categorically denied all allegations levelled against it in connection with the revocation of its leases, describing them as 'unfounded, contrived and deliberately manufactured.' Adamus alleged that these accusations were intended to strongarm the company and deprive it of its mining leases.
Adamus Resources noted what it described as an abuse of power in the process leading to the revocation, adding that the decision demonstrated 'absolute disregard of law.' The company maintained that the revocation was baseless and expressed its determination to challenge the decision.
The company stated its intention to take appropriate steps to contest the revocation, ensuring its position is properly presented to the relevant authorities and the public. Adamus Resources indicated that the people of Ghana would be informed of the steps the company is taking to counter this revocation in the coming days.
The company reaffirmed its rejection of the allegations against it and insisted that the revocation of its leases did not follow the procedures required by law. Adamus Resources pledged to pursue the matter through appropriate channels to protect its interests and mineral rights.