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Finance May 6, 7:51 am

Lands Minister Forms Committee to Review ADAMUS Petition

The Minister of Lands and Natural Resources has set up a committee to look into the concerns raised by Adamus Resources Limited regarding their revoked mining leases

Ghana Business News (GH) Verify original report

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What changed

The useful update

  • An Independent Petition Review Committee has been created to look into Adamus Resources Limited's petition
  • The committee, chaired by Jerry Samuel Yaw Kuma, will submit findings within three weeks
Why it matters

The stakes

  • The outcome of the committee's review could influence the future operations of Adamus Resources
  • Addressing the concerns raised by the company may impact investor confidence in the mining sector
What to watch next

The next check

  • Adamus Resources Limited is involved in gold prospecting in the Ellembelle District
  • The government's revocation of licenses was linked to illegal mining activities and lack of approval for certain concessions

Where this came from

  1. 01
    Original report Lands Minister inaugurates committeeย to examineย ADAMUSโ€™ย petitionย 

    Publisher: Ghana Business News (GH) ยท Published May 6, 7:51 am ยท ghanabusinessnews.com

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  2. 02
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The short version

Emmanuel Buah-Armah Mr Emmanuel Armah-Kofi Buah, the Minister of Lands and Natural Resources, has inaugurated an Independent Petition Review Committee to examine the petition submitted by Adamus Resoโ€ฆ

Mr Emmanuel Armah-Kofi Buah, the Minister of Lands and Natural Resources, has inaugurated an Independent Petition Review Committee to examine the petition submitted by Adamus Resources Limited, a gold prospecting company in the Ellembelle District regarding the revocation of theโ€ฆ

The fact-finding committee, chaired by Mr. Jerry Samuel Yaw Kuma, has been tasked with independently establishing the full facts of the matter and to submit its findings and recommendations within three weeks

What happened

  • An Independent Petition Review Committee has been created to look into Adamus Resources Limited's petition
  • The committee, chaired by Jerry Samuel Yaw Kuma, will submit findings within three weeks
  • The government revoked Adamus' mining leases after reports of infractions, including unauthorized ceding of concessions
  • An Interim Management Committee has been established to oversee operations at the affected mines

Why this matters

  • The outcome of the committee's review could influence the future operations of Adamus Resources
  • Addressing the concerns raised by the company may impact investor confidence in the mining sector
  • The situation highlights regulatory challenges in the mining industry in Ghana

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Lands Minister inaugurates committeeย to examineย ADAMUSโ€™ย petitionย  - Ghana Business News
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Lands Minister inaugurates committeeย to examineย ADAMUSโ€™ย petitionย  - Ghana Business News
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Lands Minister inaugurates committeeย to examineย ADAMUSโ€™ย petitionย  - Ghana Business News
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Lands Minister inaugurates committeeย to examineย ADAMUSโ€™ย petitionย  - Ghana Business News
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