Mining company Heath Goldfields Limited (Heath) has firmly denied recent allegations made by Future Global Resources (FGR) and Blue Gold Bogoso Prestea Limited, describing them as misleading and intended to incite public disaffection against the company.
In a detailed statement responding to media reports and a release by FGR/Blue Gold, Heath clarified the circumstances that led to the revocation of FGR/Blue Gold’s mining leases and the subsequent granting of new mineral rights to Heath by the Ministry of Lands and Natural Resources.
According to the company, FGR/Blue Gold breached several key conditions of their mining lease between 2021 and 2023, including the failure to pay workers’ salaries and statutory contributions, provide proof of financial capacity, and inject the necessary capital to sustain operations.
These violations, Heath said, prompted multiple warnings from the Minerals Commission, which were ignored.
Heath stated that, despite being granted a conditional extension in 2024 to restructure and recapitalize, FGR/Blue Gold failed to meet all the terms set by the Ministry, including clearing arrears owed to workers and ensuring full mine operations within the given timeframe.
Following an advice from the Attorney General affirming the legality of the revocation, the Minister formally terminated FGR/Blue Gold’s leases on September 3, 2024, after an independent committee reviewed the matter.
Subsequently, Heath was awarded the lease through a tender process and formally signed the Mining Lease Agreement in December 2024.
However, the company noted that its efforts to revive the mine were hindered by a series of legal challenges filed by FGR/Blue Gold, including injunction applications that temporarily delayed the lease’s ratification in Parliament.
These court actions were later dismissed by the High Court in March and May 2025, clearing Heath to proceed with full operations.
Heath added that investigations by the Economic and Organized Crime Office (EOCO) into its acquisition of the mine also found the allegations against it to be “frivolous and unmeritorious.”
Despite the setbacks, Heath said it has invested significantly to restore the Bogoso Prestea Mine, including over GHS 100 million in salary arrears, GHS 16 million to settle contractors, and GHS 34 million in safety and infrastructure upgrades.
The company also re-engaged nearly 290 former employees and deployed enhanced security measures to protect the site.
Heath assured that work is progressing toward the mine’s full operational restart by October 2025 and that it continues to collaborate with the Minister of Lands and Natural Resources and the Minerals Commission to complete parliamentary ratification of the lease before the end of the year.
“Heath remains resolute and focused on reviving the mine to ensure that the people of Prestea, Bogoso, and Ghana as a whole benefit from its operations,” the statement concluded.
Source: Adomonline
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Read the full statement below:
