Skip to main content

Bogoso-Prestea mine records first gold pour after 24-month shutdown

 


The Bogoso-Prestea Mine has recorded its first gold pour after 24 months of complete shutdown, a major milestone, signaling the resumption of production and renewed economic activity in host communities.

The Managing Director of Heath Goldfields, Patrick Appiah Mensah, says the development marks a turning point for the historic mine, which had faced prolonged operational and financial difficulties.

Addressing members of the media Mr. Appiah Mensah described the gold pour as a symbol of resilience and responsible Ghanaian leadership, declaring that the mine is “no longer a story of decline.”

According to him, when Heath Goldfields assumed control of the mine a year ago, it inherited significant challenges. The Prestea Underground Mine was flooded, the process plant was non-operational, and the water treatment plant was not functioning. Salaries and contractor payments were in arrears, while utility debts ran into millions of dollars.

He said the company has since stabilised operations and restored critical infrastructure, leading to the successful gold pour.

Appiah Mensah disclosed that more than 1,400 people are now directly and indirectly employed, with approximately 80% drawn from host communities. Over 70 service providers are currently engaged, creating ripple effects across the local economy.

On legacy liabilities, he noted that the company has worked with the Ghana Mine Workers’ Union under a structured settlement arrangement and has paid more than GHS 139 million toward employee obligations.

Looking ahead, the Managing Director revealed that a feasibility study on the Prestea Underground Mine is being finalized to introduce modern, technology-driven mining methods aimed at improving safety, productivity and cost efficiency.

He further indicated that strategic community development initiatives focused on infrastructure, education, healthcare and enterprise development will soon be rolled out in host communities.

Heath Goldfields says the successful gold pour marks the beginning of what it describes as a new phase of structured revival and sustainable growth for the Bogoso-Prestea Mine.

Comments

Popular posts from this blog

Kenpong Travel & Tours Champions Breast Cancer Awareness During Customer Week

  As part of activities to mark Customer Week, Kenpong Travel & Tours, a leading travel agency in Ghana, is joining the global fight against breast cancer. October is Breast Cancer Awareness Month, and the company is passionate about spreading hope and support to those affected. At Kenpong Travel & Tours, we believe that travel and exploration can be therapeutic and empowering. That's why we're committed to supporting our customers and the broader community in the fight against breast cancer. We're proud to stand in solidarity with breast cancer warriors and survivors. At Kenpong Travel & Tours, we believe that everyone deserves a chance to explore the world and create unforgettable memories. Let's prioritize health, support one another, and fight against breast cancer," said Kennedy Agyapong, CEO of Kenpong Travel & Tours. Our efforts are focused on raising awareness, promoting early detection, and supporting those affected by breast cancer. We urg...

E&P takes over Black Volta and Sankofa Gold projects after years of delay

 Indigenous mining firm Engineers & Planners (E&P) has acquired Azumah Resources Ghana Ltd and Upwest Resources Ghana Ltd, taking full control of the long-stalled Black Volta and Sankofa gold concessions in the Upper West Region. The transaction, registered with the Registrar of Companies and approved by the Minerals Commission, ends nearly two decades of under-investment, legal disputes, and capital shortfalls that kept the concessions dormant. With global gold prices trading above $3,000 per ounce, the move comes at a time when Ghana is seeking fresh mining revenue to support its IMF-backed fiscal consolidation programme. E&P announced that it has secured funding to begin mine development and has committed to repaying verified debts associated with the projects. Ghana travel guide The company outlined a structured plan that includes: Working with the Ghana Revenue Authority (GRA) to audit and confirm loans previously recorded as project investments. Repaying genuine d...

Ghana Property & Lifestyle Expo Ignites Global Interest in Ghana’s Real Estate Market with Landmark Washington DC Edition

  Washington DC, USA – Hundreds of investors, professionals, and diaspora attendees gathered at the Washington Marriott Georgetown for the Ghana Property & Lifestyle Expo (GPLE) – Washington DC Edition , marking the dynamic launch of the 2025 Global Series. The two-day international showcase delivered a powerful mix of credible investment opportunities, expert insights, and strategic networking, spotlighting Ghana’s booming real estate sector as a leading destination for property and lifestyle investment in Africa. From luxury apartments and serviced plots to gated communities and commercial developments, attendees experienced the best of Ghana’s property landscape—featuring top developers from Accra and Kumasi, including Royal Kingdom Estate, Goldkey Properties, Devtraco Plus, Clifton Homes , and others.   Eddy Acquah Moderator & AJ Akua Johnson Brand Ambassador GPLE (Actress , Fitness Coach & Philanthropist) [/caption] Ambassador Victor Smith Applauds Expo’s Rol...