Bogoso Prestea mine
Brief Description: Bogoso and Prestea comprise a collection of adjoining mining concessions that collectively cover a 40 km section of the Ashanti gold district, with the processing facilities...
Brief Description: Bogoso and Prestea comprise a collection of adjoining mining concessions that collectively cover a 40 km section of the Ashanti gold district, with the processing facilities...
The Prestea-Bogoso mineralisation occurs at the southern end of the Ashanti Belt, and is localised principally along up to three steep-to-sub vertical major crustal structures. Rock assemblages are believed to have formed between 2,080 and 2,240 million years ago, with the Sefwi Group being the oldest rocks and the Tarkwa sediments being …
1394. Government through the Ministry of Lands and Natural Resources, has given managers of the Bogoso and Prestea Mines, Future Global Resources (FGR), fourteen (14) days to commence payment of salaries owed to workers. The Ministry said FGR must also complete the payment of all outstanding salaries no later than May 30, …
Future Global Resources (FGR) says it has discovered material inaccuracies in information provided by Golden Star Resources (GSR), which it relied upon in deciding to acquire the Bogoso-Prestea...
February 6, 2024. Reading Time: 2 mins read. The Ghana Mineworkers' Union of TUC has urged the government to expedite the decision-making process regarding the takeover of the Bogoso-Prestea Mine in the Western Region from Future Global Resources (FGR), previously known as Golden Star Resources Limited, to potential investors.
Golden Star is an established gold mining company that owns and operates the Wassa underground mine in the Western Region of Ghana, West Africa. Listed on the NYSE …
Golden Star Resources Ltd was a Canadian company that owned and operated the Wassa gold mine in Ghana. The company formerly owned and operated the Bogoso-Prestea gold mine, also in Ghana, from 1999 to 2020. Headquartered in London, but with a registered office in Toronto, it was a public company with shares listed on the …
The Ghana Mineworkers' Union, under the Trades Union Congress, has announced plans to hold a five-day protest beginning on Monday, April 15, 2024, targeting the Lands Ministry and the Jubilee House.
Bogoso Prestea Gold Mine in the prolific Ashanti gold belt in Ghana, has been operational since 1912, and is one of the largest and most famous gold mines in Ghana. The mine has produced 12 million oz Au from 2km of the 82km strike that forms part of the largest mining concession in Ghana.
The Prestea/Bogoso Mines were acquired by Future Global Resources (FGR) in October 2020, from Golden Star Resources. Due to some financial challenges, operations at the Mine came to a halt in December 2023, with the Company also indebted to its workers in unpaid salaries.
About US$1.4 billion capital when Goldfields had to expand the Damang Mine. 4. US$500 million capital investment into the Obuasi Mine in 2018. But Golden Star Bogoso Prestea Limited (GSBPL) recent sale to Future Global Resources (FGR), is raising more issues than expected which has pricked the interest local and international …
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Bogoso-Prestea gold mine is about 40km from the Wassa gold mine. (Credit: Erik Stein/Pixabay) Golden Star Resources has signed a binding agreement to sell its Bogoso-Prestea gold mine in Ghana for a purchase price of up to $95m. Future Global Resources (FGR), London-based mining company, will acquire 90% stake in the gold …
The workers say the mine has not seen any investment since Future Global Resources took over in 2020. General Secretary of the Senior Staff Union of FGR Bogoso-Prestea Mines, Kumi Manu, in an interview, said management of the company has failed woefully. "Since FGR took over, the mine was in debt of over $30 million but as we …
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WEBThe Bogoso/Prestea gold mine is located in western Ghana, 200km by road from capital Accra. Bogoso is made up of the Bogoso and Prestea mines. The …
Some chiefs from the Wassa Fiase Traditional Area in the Prestea Huni Valley Municipality, have appealed to the Ministry of Lands and Natural Resources (MNLR) investigate into the suspension of operations of Future Global Resources (FGR), a Mining company based in Bogoso Prestea Huni Valley of the Westerns Region.The chiefs …
d Corporate Affairs +1 416 583 3800 investor@gsr Company Profile:Golden Star is an established gold mining company t. at owns and operates the Wassa and Prestea mines in Ghana, West Africa. Listed on the NYSE American, the Toronto Stock Exchange and the Ghanaian Stock Exchange, Golden Star is focused on delivering strong margins.
The Bogoso Prestea mine has a proud history daFng back to 1912, during which Fme it has produced over 9m oz of gold. However, since 2017 it has been suffering from declining performance, racking-up over $200 million of losses, much of which is owed to local suppliers, government agencies and its workforce.
WP-0496-2831 First Floor, One Airport Square Airport City, Accra P.O. Box KA 16102, KIA Accra, Ghana Accra, GH
FGR Bogoso Prestea Limited, the owner and operator of the Bogoso and Prestea mining leases, has signed agreements to restructure its ownership that will …
On July 27, 2020 Golden Star Resources Ltd. announced that it had entered into a binding agreement for the sale of its 90 percent interest in the Bogoso-Prestea Gold Mine in Ghana to Future Global Resources Limited for a purchase price of US$55 million with a further contingent component of up to US$40 million. Future Global Resources …
Golden Star Resources Ltd. Announced in Toronto in July 2020 that it had entered into a binding agreement for the sale of its 90% interest in the Bogoso-Prestea Gold Mine in Ghana to Future Global ...
Bogoso Prestea Mine is one of the largest and most famous gold mines in Ghana. Bogoso Prestea has been producing gold for over 100 years comprised of both open pit and …
The divisional Chief of Prestea Himan Traditional Area, Nana Nteboah Prah IV had appealed to the Minister that, with the coming in of a new hospital ( which according to him, "could have been cited in …
The West Reef occurs some 200 m into the hangingwall of the Main Reef structure and, at present is known to occur over a strike length of 800 m and has currently been defined by underground ...
Bogoso currently has measured and indicated resources of 1.76 million ounces of gold contained within 19.8 million tonnes grading 2.76 grams gold per tonne. Golden Star sells Bogoso-Prestea to ...
But Golden Star Bogoso Prestea Limited's (GSBPL) recent sale to Future Global Resources (FGR), is raising more issues than expected – which has piqued the interest of local and international stakeholders. One of the key talking points is the lack of experience of FGR – which is barely a year old in mining and extraction, despite the …
Workers at the Future Global Resources Bogoso-Prestea Mines have rejected recapitalization and restructuring proposals by Blue Holdings in response to workers' recent demonstrations urging the government to bring in new investors, following FGR's failure to invest in the mines. FGR in a February 26 statement disclosed that it has.
According to General Secretary-Senior Staff Union of FGR Bogoso-Prestea Mines, Kumi Manu, the mine has not seen any investment since FGR took over in 2020. "They are unable to finance the mine and are only interested in taking away the gold. The debt of FGR has increased from US$30million to US$115million," he alleged.
Prestea Huni-Valley Municipal Assembly, Bogoso. 2,499 likes · 36 talking about this · 255 were here. Prestea Huni-Valley Municipal Assembly is an Assembly in the Western Rogion of Ghana with it Capital
BOGOSO AND PRESTEA. The Bogoso and Prestea properties comprise a collection of adjoining mining concessions that together cover an 85-kilometer section of the Ashanti …
Blue International Holdings formed Future Global Resources (FGR) in 2020 as a wholly owned subsidiary to acquire high quality long-term mining assets in sub Saharan Africa. In October 2020 it acquired the gold producing Bogoso Prestea Gold Mine in the Ashanti gold belt in Ghana. FGR owns 90% of the project, with the Government of Ghana holding ...
Notes to Mineral Resource Estimate: The Mineral Resources for "Bogoso/Prestea Other" include Chujah, Dumasi, Bogoso North, Buesichem, Opon, and Ablifa. The open pit resources for Bogoso/Prestea Other has been estimated using a gold cut-off grade ranging from 0.72 to 1.04 g/t for oxide material; from 1.33 to 1.75 g/t for …
mine local community, the Bogoso/Prestea Mine Local Community (BPMLC). GSBPL operates a series of open pits and two processing plants located near the towns of Bogoso and Prestea in the Western Region of Ghana. GSBPL has three mining leases, namely: the Bogoso Mining Lease, Prestea Mining Lease and Pampe Mining Lease.
Boroo is an open-pit gold mining complex that has been in industrial development since 1973. Boroo's operation began in 2003 and declared its commercial production on March 1, 2004.