The Ministry of Lands and Natural Resources, the Minerals Commission and Adamus Resources Limited have been asked by the government to present a 12-month road map for turning the mine around.
A statement issued by Mr Felix Kwakye Ofosu, the Presidential Spokesman and Minister of State in-charge of Government Communications said the road map would include a six-member management team formed between Adamus and the government to supervise the turnaround of the mine.
It said the membership of the committee would include three members from the Adamus side and three members from the government side.
The statement said the agreement followed a meeting at the Presidency aimed at resolving the dispute between the two parties to salvage what was one of a few operating indigenous large-scale mines.
It said the road map would include a plan for settling liabilities by Adamus to the Ghana Revenue Authority, the Minerals Income Investment Fund, financial institutions, and suppliers.
The statement said the road map would also include exploring means to inject fresh capital by inviting additional partners to take up equity in the mining operation and that the two sides were expected to present the road map to the Presidency in two weeks.
Source: GNA
