The Minister for Lands and Natural Resources, Samuel Abu Jinapor, has approved the sale of Prestea Bogoso Mine to Health GoldFields, making the company the new owner of the gold mine.
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 13, 2024.
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 recommendation, approval is hereby given for the grant of the Prestea Bogoso Mine to Heath GoldFields, subject to compliance to the Minerals and Mining Act, 2006 (Act 703) and its Regulations, as well as the payment of appropriate fees,” read parts of the letter from the Minister to the Commission.
To give effect to the approval of ownership of the gold mine, the Minister in the letter, urged Heath GoldFields to secure the employment of the workers of the mine, restore economic activities to the communities around the mine, and prevent any negative environmental impact arising from the closure of the mine.
