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 ...
Future Global Resources Limited (FGRL) and Blue Gold Holdings Limited (BGHL) have issued an urgent appeal to the government of Ghana over what they describe as the unlawful expropriation of their investments in the Bogoso Prestea Gold Mine. Through their legal representatives, Mayer Brown International LLP, the investors allege significant breaches of …
…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 …
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 ...
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 …
The Minerals Commission has said it is yet to receive any formal application from operators of the Prestea-Bogoso Mine, previously operated by Golden Star Resources Limited, to put the mine under care and maintenance.. The mine – currently in the hands of Future Global Resources (FGR) Bogoso Prestea Limited and its principal shareholder Blue International …
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 ...
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 …
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 ...
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 …
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. …
Sources allege irregularities, including financial inducements, with accusations that these actions could result in judgment debts and harm Ghana's international reputation. The …
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 ...
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 […]
The Bogoso and Prestea gold mines are among Ghana's oldest and largest mining concessions, located within the Ashanti gold belt. Blue Gold Holdings aims to transform these assets into a multi -generational, low-cost gold producing operation, with an estimated 18-year life of mine based on the 5.1 million ounces of measured and indicated ...
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 ...
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 …
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 …
Blue Gold, a prominent British mining firm operating the Bogoso Prestea Mines in Ghana with plans to list on the New York Stock Exchange, is embroiled in a heated dispute with Ghana's Minerals Commission and the Ministry of Lands and Natural Resources over the alleged illegal reassignment of mining licenses.. Despite Blue Gold providing proof of substantial …
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 ...
Heath GoldFields takes over from Future Gold Resources (FGR) whose ownership of the gold mine was terminated by the Minister some months ago. The sale of the gold mine to Health GoldFields was disclosed in a letter by the Lands and Natural Minister to the Chief Executive Officer (CEO) of the Minerals Commission, Martin Ayisi, on Wednesday, November …
The Akufo-Addo government, directed the Minerals Commission, to suspend all processes related to the granting of the Prestea-Bogoso Mine to any company, including Heath …
Ghana risks judgment debts over Bogoso Prestea Mines The Gold Board is one of the governing National Democratic Congress' (NDC) manifesto promises for the country's mining sector. Despite being described as one of the Government's top priorities for economic revitalisation, several actors in the mining industry remain unclear about the ...
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
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 …
The Minister of Lands and Natural Resources, Abu Jinapor, has officially terminated the mining leases of FGR Bogoso Prestea Mining Limited. ... The Ghana Mine Workers Union (GMWU), along ...
exploration company to a gold producer in 1999 with the purchase of the Bogoso gold mine. Through a subsidiary Golden Star (Bogoso/Prestea) Ltd. (GSBPL), GSR owns and operates the Bogoso/Prestea gold mining and processing operation (Bogoso/Prestea) located near the town of Bogoso, Ghana. Through a
A group of staff at Bogoso Prestea Mine, who advocated for the termination of the mining lease held by Future Global Resources/Blue Gold Bogoso Prestea Limited (the former owners), are regretting the approach they took. The local union decided to escalate an issue affecting the workers' well-being ...
Business News of Friday, 3 January 2025. Source: Prestea-Bogoso mine deal frozen as EOCO probes acquisition process
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 …
"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 ...
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 …
Bogoso be mining town wey e sanso be de capital of Prestea-Huni Valley district wey dey Western Region for Ghana insyd. [1] [2] [3] Climate. Bogoso be tropical savanna. [4] Mining. Na de village of Apiate near Bogoso be de site of deadly explosion for January 2022 insyd, after heavy truck wey dey carry explosives go sam mine involve for traffic ...
The Minister of Lands and Natural Resources, Hon. A. Jinapor, has approved the sale of the Prestea Bogoso Mine to Health GoldFields Ltd. The decision, announced in an official letter dated November 12, 2024, followed the assessment of Health GoldFields' technical and financial capacity to manage the mine effectively.
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. ...
The Prestea-Bogoso Mine is a significant asset for Ghana, with an estimated 18-year life of mine based on the 5.1 million ounces of measured and indicated resources outlined in …