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Chiefs urge President Mahama to replace mine operator with financially capable investor at Bogoso-Prestea

Ghanapoliticsonline.com by Ghanapoliticsonline.com
March 24, 2026
in General News
Reading Time: 2 mins read
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The Divisional Chiefs and traditional authorities of Bogoso and Prestea have petitioned the President of the Republic of Ghana, calling for a financially capable investor to take over operations of the Bogoso-Prestea mine.

The petition, submitted on behalf of the host communities, cites growing dissatisfaction with the current operator, Heath Goldfields Limited, over what the chiefs describe as its inability to meet key financial and operational commitments since assuming control of the mine in late 2024.

According to the traditional leaders, expectations of a revival of mining activities and economic growth in the area have not been met, leaving workers and local businesses struggling.

They argue that while the company recently announced a first gold pour in February 2026, the development has not translated into meaningful improvements in employment, community welfare, or overall operational stability.

The petition further alleges that the company failed to fulfill a US$50 million financial commitment intended to clear inherited worker liabilities and arrears. Although the operator reports having made significant payments toward these obligations, the chiefs insist that many affected workers remain unpaid and jobless.

“The community’s patience has reached its limit,” the petition states, adding that continued financial instability at the mine threatens livelihoods and undermines confidence in the sector.

The chiefs are therefore urging government to facilitate the entry of a well-capitalized and technically competent investor capable of restoring full operations and ensuring consistent salary payments for over 1,400 direct and indirect workers.

They emphasize that the mine is central to the local economy, with several small-scale businesses depending on its operations for survival.

Beyond employment concerns, the traditional authorities highlighted stalled development projects under existing Social Responsibility Agreements, including initiatives in health, education, and water sanitation. They expressed optimism that a new investor would unlock fresh capital investment, estimated at about US$205 million, to support underground redevelopment and critical infrastructure.

The petition also raises environmental concerns, pointing to alleged lapses in water treatment and other regulatory breaches. The chiefs stressed the need for a responsible operator committed to sustainable mining practices that protect local water bodies and farmlands.

They concluded that bringing in a financially strong and accountable investor is essential not only for reviving gold production but also for restoring economic stability and safeguarding the long-term interests of the Bogoso and Prestea communities.

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