Blue Gold takes over operations of Bogoso and Prestea mines

Gerald Group, one of the world’s largest independent commodity traders, has taken over the Bogoso and Prestea mines, now operating under Blue Gold Bogoso Prestea Limited.

The takeover followed staff protests and demands for a change due to inefficiency and mismanagement under the previous owner, Future Global Resources (FGR).

Since resuming operations in August 2024, over 200 staff have been reinstated, with plans to expand further.

The restart is part of an $8 billion strategic partnership with Gerald Group, which will provide investment, technical support, and governance oversight.

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