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Heath Goldfields Ltd has firmly denied allegations made by Future Global Resources Bogoso Prestea Ltd and Blue Gold Bogoso Prestea Ltd (FGR/Blue Gold) regarding the revocation of their mining leases and the subsequent grant of mineral rights to Heath at the Bogoso-Prestea Mine. The company described the claims as “falsehoods and half-truths” aimed at creating public disaffection for Heath Goldfields.
Heath Goldfields explained that FGR acquired the Bogoso-Prestea mining lease in October 2020 but failed to sustain operations due to financial difficulties, leading to the shutdown of the mine in December 2023. The Minerals Commission cited FGR for repeated breaches of its lease, including failure to pay workers’ salaries and statutory contributions, inability to show proof of financial resources, and failure to inject capital to bring the mine into full operation.
The Ministry of Lands and Natural Resources terminated FGR’s lease on September 3, 2024, acting on the advice of the Minerals Commission and the Attorney General. The Ministry subsequently granted a new mining lease to Heath Goldfields in November 2024 after a competitive tender process.
Heath Goldfields has invested significantly in reviving the mine. The company has re-engaged nearly 300 workers and invested over GHS 100 million in settling outstanding salaries and provident fund arrears inherited from FGR. Additionally, Heath Goldfields has spent millions more on safety, infrastructure, and contractor payments.
The company noted that FGR/Blue Gold has filed legal challenges to stall parliamentary ratification of its lease, but two separate injunction applications were dismissed by the High Court earlier this year. Heath Goldfields remains committed to reviving the mine and working with the Minerals Commission and the Ministry to secure ratification before the end of 2025. “Heath remains resolute and focused on reviving the mines to ensure that the good people of Prestea and Bogoso, and the nation at large, benefit as they should,” the statement added.
epos MBN360 news
