The ownership dispute over Adamus Resources has taken a dramatic turn, with fresh allegations that businesswoman Angela List is attempting to sell the concession to foreign and local investors despite ongoing litigation.
Sources close to the company claim that on Thursday, September 4, 2025, Ms. List arrived at the Adamus mine site with a group of sixteen (16) individuals (five white men, one white woman, and ten black men) ostensibly potential buyers of the mine. This group was taken round and shown the operations of the mine.
This move has heightened concerns among stakeholders who insist that no sale can lawfully take place until the courts make a final determination on ownership of the mine.
Stakeholders are therefore calling urgently on both local and international investors to desist from entering any negotiations concerning the concession, warning that any transaction undertaken now would be illegal and subject to cancellation.
“We will not allow Adamus to be sold off under the guise of investment while the rightful ownership remains before the courts. Investors must stay off this mine or risk losing everything,” one concerned stakeholder told reporters.
In addition, sources close to the case indicate that an injunction application has been filed, to restrain Ms. List and her associates from making any attempt to sell or transfer the concession until the pending case is resolved.
Legal experts note that under Ghanaian law, the transfer of mineral rights requires ministerial approval and oversight by the Minerals Commission.
They caution that any investor engaging in a deal without proper legal clearance would be acting at their own risk.
Adamus Resources, a major gold asset in the Western Region, has long been embroiled in ownership disputes.
The latest development underscores growing fears that the contested mine could be destabilized further if attempts to transfer it proceed outside the law.
Stakeholders maintain that their stance is not just about ownership but also about safeguarding the jobs of workers, the security of host communities, and the integrity of Ghana’s mining sector.
“Investors should take notice — Adamus is a matter before the courts. Stay off until the rightful owner is confirmed,” the stakeholder reiterated.
