The Bogoso-Prestea Gold Mine in Ghana’s Western Region has recorded its first gold pour after nearly two years of halted operations, marking a major milestone in efforts to revive one of the country’s historic mining assets.
Management of Heath Goldfields Limited described the development as a turning point not only for the mine but also for the surrounding local economy, calling it a symbol of resilience following prolonged shutdown and operational challenges.
“From shutdown and uncertainty to molten gold flowing once again from our plant, this achievement marks the rebirth of one of Ghana’s most iconic mining assets,” the company said during a media briefing.
The company’s Managing Director explained that when Heath Goldfields took over operations roughly a year ago, it inherited a mine struggling with financial distress, aging infrastructure, and unresolved liabilities.
Background challenges
The mine has faced years of instability. In 2020, Future Global Resources acquired it but soon encountered severe operational and financial problems that triggered worker unrest and government intervention.
By late 2024, authorities revoked the previous operator’s lease and reassigned the concession to Heath Goldfields, expecting the new company to stabilize production and clear outstanding obligations.
Former employees, however, have accused the current operator of unpaid benefits and lack of transparency, calling for an audit and settlement of arrears.
Community concerns
Despite renewed production, community leaders and labour groups say economic benefits must be matched with accountability.
Workers claim some entitlements remain unpaid, while others have questioned whether materials were moved off-site without proper documentation.
The company has previously rejected such claims as misleading and insisted it signed a formal agreement with the Mine Workers Union outlining payment schedules for legacy obligations.
Economic significance
The restart is expected to restore jobs, stimulate local business activity, and strengthen Ghana’s gold sector, which remains a key pillar of export earnings.
Industry analysts say the mine’s return could improve investor confidence in Ghana’s mining environment after years of regulatory disputes and ownership transitions.
