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Caretaker team appointed to oversee operations of Bogoso and Prestea mines

Future Global Resources 696x3751 Ezgif.png FGR Bogoso and Prestea mines

Wed, 25 Sep 2024 Source: Citi Business

The Minerals Commission has appointed a six-member caretaker team to assist in managing the FGR Bogoso and Prestea mines after the company’s mining leases were terminated.

This follows government findings of multiple operational breaches. Despite warnings from the Minerals Commission, the company failed to comply, leading to the lease termination.

Blue Gold Bogoso Prestea Limited, claiming to be the new operator, plans to contest the decision.

The caretaker team, alongside military personnel, will oversee day-to-day operations and secure the site until a new investor is found.

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Source: Citi Business