The Minerals Commission of Ghana has appointed a six-member team to assist the regional Manager of the Commission to supervise operations at the FGR Bogoso and Prestea mines following the termination of the company's mining leases.
On Wednesday, September 18, 2024, the Minerals Commission announced the termionation of the mining license of Bogoso and Prestea mining companies following an alleged multiple breaches of contract as announced by the lands and Natural Resource Minister, Samuel Abu Jinapor.
The termination of the leasing agreement was effected after findings from various reports by the Minerals Commission and a Ministerial Committee revealed anomalies in the company's operations.Despite advisories from the Minerals Commission to rectify the issues, the company failed to comply.However, Blue Gold Bogoso Prestea Limited, which claims to be the new operator of the mines, has contested the government's decision, asserting that its operations are legal and that it will challenge the termination notice.In a notice, Chief Executive Officer of the Minerals Commission, Martin Ayisi, stated that the newly appointed caretaker team will "oversee the day-to-day affairs of the mine site effective immediately."Read full letter below:RE: NOTICE OF TERMINATION OF MINING LEASESThe above subject matter refers.Please take note that following the termination of the mining leases of FGR Bogoso Prestea Limited, the Mineral Rights covering the Bogoso-Prestea Mine have reversed to the State.Consequently, the Minerals Commission which is responsible for the regulation of the mining industry as well as the management and utilization of the mineral resources of the state is now responsible for managing the Bogoso-Prestea Mine until a new investor is found.Therefore, you are hereby appointed to oversee the day-to-day affairs of the mine site, effective immediately.You will be assisted by the following senior officers and representatives of the workers union of the mine:SENIOR OFFICERS1.
Mr.