Ghana risks judgment debts over Bogoso Prestea Mines

Sources allege irregularities, including financial inducements, with accusations that these actions could result in judgment debts and harm Ghana's international reputation. The …

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Ghana risks judgment debts over Bogoso Prestea Mines

The Herald has obtained the controversial letter authorizing the transfer of Bogoso Prestea Mines from the British-owned FGR Bogoso Prestea Mines to Heath Goldfields Limited, a Ghanaian company ...

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Prestea-Bogoso mine deal frozen as EOCO probes …

Business News of Friday, 3 January 2025. Source: Prestea-Bogoso mine deal frozen as EOCO probes acquisition process

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Regulatory chaos hits Prestea-Bogoso mine

The Prestea-Bogoso Mine, one of Ghana's oldest and largest mining concessions, remains non-operational, with the Minerals Commission failing to generate revenue or maintain the site. ...

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Ghana Mineworkers' Union commends …

The Ghana Mineworkers' Union (GMWU) of the Trade Union Congress, Ghana, has commended the government's decision to issue the mining leases of the Bogoso/Prestea Mines to Heath Goldfields. Health …

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Heath GoldFields New Owners of Prestea Bogoso …

The amount for which the gold mine was sold to Health GoldFields is, however, yet to be disclosed by the Ministry or the Commission. "Given the technical and financial capacity of Heath GoldFields Ltd, and on your advice and …

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Investors urge Ghana to address alleged unlawful …

Local stakeholders, including mine workers and residents of the surrounding communities, are optimistic about the mine's revival. The Prestea Bogoso Mine has historically been a vital economic ...

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$53M funding pledged for Bogoso Prestea Mines

…But Jinapor's ministry refuses, opts for GHC10,000 company. Blue Gold, a British-owned mining company has demonstrated proof of substantial financial backing to revive operations at the Bogoso Prestea Gold Mine, yet the government of Ghana, under the Ministry of Lands and Natural Resources, has remained unresponsive, leading to mounting tensions over …

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Technical Report on Resources and Reserves, Golden Star …

NI 43-101 Technical Report on Resources and Reserves, Golden Star Resources, Bogoso/Prestea Gold Mine, Ghana Effective Date: December 31, 2017 Golden Star Resources Ltd. 150 King Street West Suite 1200 Toronto ON, M5H 1J9, Canada Qualified Persons Martin Raffield, P.Eng Mitch Wasel, MAusIMM (CP) March 2018 NI 43-101 Technical Report on ...

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Heath GoldFields New Owners of Prestea Bogoso Mine

The amount for which the gold mine was sold to Health GoldFields is, however, yet to be disclosed by the Ministry or the Commission. "Given the technical and financial capacity of Heath GoldFields Ltd, and on your advice and recommendation, approval is hereby given for the grant of the Prestea Bogoso Mine to Heath GoldFields, subject to compliance to the Minerals and …

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Save the Bogoso Prestea Mine

In 2002, the Bogoso Mine made good profit, invested in Ghana and purchased the Satellite Gold Mine at Wassa Akyempim – which was renamed Wexford and later Golden Star Wassa Limited. GSR then operated these two major mines (Wassa Mine and Bogoso Mine) in Ghana. The two mines operated concurrently with support to each other in the areas of ...

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Ghana risks judgment debts over Bogoso Prestea Mines

The Herald, has landed the controversial letter authorizing the transfer of Bogoso Prestea Mines from the British-owned FGR Bogoso Prestea Mines to Heath Goldfields Limited, a Ghanaian company with Turkish partners. Dated November 12, 2024, and addressed to the CEO of the Minerals Commission, Martin Ayisi, the letter has ignited legal challenges and political …

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EOCO freezes Prestea-Bogoso Mine acquisition over fraud

The current managers of the mine, Blue Gold Bogoso Prestea Limited, had raised red flags over the process, alleging that it was being taken away from them without any apparent reason. This development is the latest in a series of controversies surrounding the mine's acquisition. —DGN online

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Minerals Commission & others caught up in dirty bribery …

…Over Newmont Akyem and Bogoso Prestea mines. The Herald has picked up some interesting developments at the Ministry of Lands, Forestry and Natural Resources, which has left many industry players in the mining sector very stunned. The development, has to do with the handling of some mines in the country with both state and foreign private interests.

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Ghana: Explosion in Appiatse

On 20 January 2022, a motorbike rider transporting explosives for the gold mine in Bogoso unfortunately went under a truck, causing an explosion in an area at Appiatse community, near the city of ...

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Blue Gold resumes operation at Bogoso Prestea Mine

Blue Gold Holdings Limited acquired the Bogoso and Prestea gold Mine leases from Future Global Resources (FGR) Bogoso Prestea Limited in May 2024. FGR Bogoso …

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Ghana Mine Workers' Union rejects claims of coup in …

The Ghana Mine workers' Union, has responded firmly to claims made by FGR/Blue Gold Bogoso Prestea Limited in a recent article published in the Herald Newspaper on September 27, 2024. These claims arose, following the Ghanaian government's decision on September 18, 2024, to terminate the mining leases held by FGR/Blue Gold. As the representative body […]

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Golden Star Completes Sale of the Bogoso-Prestea Gold Mine …

TORONTO, Oct. 1, 2020 /PRNewswire/ - Golden Star Resources Ltd. (NYSE American: GSS) (TSX: GSC) GSE: GSR) ("Golden Star" or the "Company") is pleased to announce that it has completed the sale of its 90% interest in the Bogoso-Prestea Gold Mine ("Bogoso-Prestea") in Ghana to Future Global Resources Limited ("FGR"). All references herein to "$" are to United …

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Timing and Structural Controls on Gold Mineralization at the Bogoso …

A similar bedding-parallel cleavage is present in Birimian sedimentary rocks at Bogoso; however, intact isoclinal fold hinges, where key timing relationships between bedding-parallel cleavage and an axial planar cleavage associated with the isoclinal gently plunging folds might be observed, were not found in the Bogoso district. 964 BOGOSO GOLD ...

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Ghana risks judgment debts over Bogoso Prestea Mines

This decision comes despite a notice of dispute issued by FGR Bogoso Prestea Mines to the government, the Minerals Commission, and other stakeholders, signaling potential local and international legal battles.. Investigations by The Herald reveal a broader pattern of controversial decisions in Ghana's mining sector, involving both Bogoso Prestea …

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Underground Water Quality at Bogoso and Its Environs, a Mining …

NI 43-101 Technical Report on Resources and Reserves, Golden Star Resources, Bogoso/Prestea Gold Mine, Ghana Effective Date: December 31, 2017 Golden Star Resources Ltd. 150 King Street West Suite 1200 Toronto ON, M5H 1J9, Canada Qualified Persons Martin Raffield, P.Eng Mitch Wasel, MAusIMM (CP) March 2018 NI 43-101 Technical Report on ...

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Ghana Mineworkers' Union commends government as …

"The Ghana Mineworkers' Union is now convinced that the Bogoso/Prestea Mines are in a good position to receive the needed capitalisation that will revamp the mines and reposition them on the path of growth and sustainability," he said. ... Union said it was deeply convinced that the government had diligently acquitted itself in accordance ...

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EOCO probes Minerals Commission Over Prestea-Bogoso …

The FGR, acquired the Bogoso Prestea Mines from Golden Star Resources in October 2020, but due to financial constraints, the mine ceased operations in December 2023. …

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British Company challenges govt's actions over Bogoso Prestea Mines

A high-stakes legal dispute, has emerged over the management and control of the Bogoso Prestea Mines, as Blue Gold Bogoso Prestea Limited (1st Applicant) and FGR Bogoso Prestea Limited (2nd Applicant) have filed for judicial review against the Government of Ghana and other respondents. This, follows the controversial termination of mining leases and the …

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Press-Release-on-Recent-Developments-at-Preste…

The Prestea-Bogoso Mine is currently under the control of FGR Bogoso Prestea Ltd (FGR) and its principal shareholder Blue International Holdings Limited which is based in the United Kingdom. The Mine was …

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EOCO freezes Prestea-Bogoso mine acquisition following …

In a recent statement, the Ghana Mineworkers Union (GMWU) of the Trade Union Congress for instance commended the government for deciding to issue the mining leases of the Bogoso/Prestea Mines to Heath Goldfields. The Union said it was excitement about the decision and pledged support and commitment to work with Heath Goldfields to turn around ...

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Heath Goldfields courts Bogoso Prestea Mine workers with …

…..Despite concerns and Akufo-Addo's ban on mining lease. The Herald, has picked up details of two critical meetings held last week, involving representatives of Heath Goldfields Limited (HGL), the Inter-Ministerial Committee (IMC), and union leaders from the Bogoso Prestea mine. This is despite concerns surrounding the mine, amid threats of legal …

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EOCO freezes Prestea-Bogoso Mine acquisition process amid …

This action follows concerns regarding the legitimacy of the acquisition of the Prestea-Bogoso Mine, a significant asset in Ghana's mining sector. The Executive Director of …

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Bogoso Prestea Gold Mine in the prolific Ashanti gold belt in Ghana, has been operational since 1912, and is one of the largest and most famous gold mines in Ghana. The mine has produced 12 million oz Au from 2km of the 82km strike that forms part …

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Lands Minister terminates FGR Begoso Prestea Mining …

The Minister of Lands and Natural Resources, Samuel Abu Jinapor, has officially terminated the mining leases of FGR Bogoso Prestea Mining Limited. ... The Ghana Mine Workers Union (GMWU), along ...

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