Introduction

Adamus Resources Limited (Nzema Gold Mine) is located approximately 300km west-southwest by road from the Capital City Accra, and 80km west by road from the port of Takoradi.

Adamus Resources Limited is the first mine to be owned by Nguvu Mining. The mine was acquired from Endeavour Mining in 2017. Nguvu Mining has 90% economic interest in the mine, with the Government of Ghana holding the remaining 10%.

Adamus Resources' Location on Map

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1987

1987

Akango Area of Salman deposit Held

Ghanorcan Resources holds Akango area of the Salman deposit.

1992

1992

Temco completed extensive soil program

1993

1993

Nkroful Mining Conducted feasibility Study (Bokrobo-Aliva Areas)

1995

1995

Temco held AKANGOPL Covering old Akango Mine Salman area

1995

Semfo explored Teleku Bokazo and EBI PL

1995

Nkroful Mining JV with Samax (Bokrobo Aliva area)

1995

BHP JV and purchases in the area confirmed Salman trend

1998

1998

Semafo JV with Samax Gold (Adamus Nfutu)

1999

1999

Salman acquired from BHP

AGR acquires Salman  from BHP.

1999

Samax Taken Over Lease reverts to Nkroful Mining

2000

2000

Samax Withdraws from JV

Samax withdraws from JV with Semafo

2002

2002

Hightime Investments JV with Temco Akango PL

2003

2003

Hightime JV assigned to Adamus Holdings

2004

2004

Adamus Resources acquires Adamus Holdings

2004

Adamus acquires Semafo

2006

2006

Adamus acquires Nkroful Mining

2007

2007

Feasibility Study Completed

2008

2008

Satelite deposits included in report

2010

2010

Mining commenced Salman trend

2011

2011

First Gold Pour

2012

2012

Adamus / Endeavour Merger

2012

Mining commences at Adamus Pit

2017

2017

Nguvu acquire Adamus Resources