Bogoso Prestea Gold Mine announces recapitalisation plans

The Bogoso Prestea mine has a proud history dating back to 1912, during which time it has produced over 9m ounces 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.

Geology and mine exploration trends of Prestea Goldfields, Ghana

Journal of African Earth Sciences, Vol. 13, No.2, pp. 235-241, 1991. 0899-5362/91 $3.00 + 0.00 Printed in Thailand 1991 Pergamon Press plc Geology and mine exploration trends of Prestea Goldfields, Ghana H. Am~I Deparunent of Geology and Survey, University of Science and Technology, School of Mines, P.O. Box 237, Tarkwa, …

FGR to recapitalize Bogoso Prestea Mine as part of planned

The Bogoso Prestea mine has a proud history dating back to 1912, during which time it produced over 9 million ounces of gold. According to FGR, since 2017, the mine "has been suffering from ...

Gendered division of labour and "sympathy" in

However, this paper primarily examines the local gender dynamics and division of labour in Ghana using a case of Prestea-Bondaye mining area in the Prestea-Huni Valley Municipality. The key contribution of this paper is to provide gender analysis of ASM for policy-makers in Ghana to rethink about their formalization interventions and …

Strained relations: A critical analysis of the mining conflict …

This paper examines the dynamics of the ongoing conflict in Prestea, Ghana, where indigenous galamsey mining groups are operating illegally on a concession awarded to Bogoso Gold Limited (BGL), property of the Canadian-listed multinational Gold Star Resources. Despite being issued firm orders by the authorities to abandon their …

The Gold Potential of the Prestea Gold Belt of Ghana

Those at Prestea have been worked exclusively as underground mines on QVT orebodies by Prestea Goldfields Limited and its forerunners; Ariston and Ghana Main Reef companies until 1998 whilst the ...

In Prestea, Ghana, gold mine expansion threatens water …

Prestea is a small city of about 40,000 people in the Western Region of Ghana. While this area has been a center of gold mining for more than 125 years, it did …

Major Mines & Projects | Bogoso-Prestea Mine

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 geology of the gold deposits of Prestea gold belt of Ghana

Those at Prestea have been worked exclusively as underground mines on QVT orebodies by Prestea Goldfields Limited and its forerunners; Ariston and Ghana Main Reef companies until 1998 whilst the ...

Ghana Mineworkers' Union urges swift takeover of Bogoso-Prestea Mine …

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.

Major Mines & Projects | Bogoso-Prestea Mine

Snapshot. Bogoso Prestea Mine is an established gold mining operation located within West Africa's premier Ashanti Gold Belt. 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 underground operations.

Prestea | Mining Town, Gold Mining, Tarkwa Basin | Britannica

Prestea is one of the mining towns of Ghana where gold is mined and refined on a large scale. Other minerals mined include manganese, iron ore, and bauxite. It is the headquarters of the Prestea Oil Palm Estates. Pop. (2000) 21,844; (latest est.) 35,800. This article was most recently revised and updated by Kenneth Pletcher.

Prestea Gold Mine

Golden Star Bogoso Prestea (GSBPL) plans to restart the Prestea gold mine, which has been under care and maintenance since 2002, in western Ghana. The …

Former Canadian-owned mining firm was a nuisance for …

A mining behemoth, when Canadian-owned, devastated the communities it took over, making things very tense. Mining communities are still feeling the effects of …

Bogoso Prestea Gold Mine to be recapitalised as part of …

The completion of this transaction, however, is subject to approval from the Ministry of Land and Natural Resources in Ghana. The Bogoso Prestea Mine has a proud history dating back to 1912, during which time it has produced over 9m oz of gold. However, since 2017 it has been suffering from declining performance, racking up over …

FGR Bogoso Prestea Mine | LinkedIn

WP-0496-2831 First Floor, One Airport Square Airport City, Accra P.O. Box KA 16102, KIA Accra, Ghana Accra, GH

Impacts of Mining on the Natural Environment and Wellbeing of Mining

incomes in favour of mining company staff has raised the pricing for virtually all goods and services at Prestea (food, housing, healthcare, water, etc.) beyond the reach of the average person.

NI 43-101 TECHNICAL REPORT ON RESOURCES AND …

The BogosoPrestea Gold Mine is a producing mine and is, therefore, considered to be an Advanced Property under NI 43101 guidelines. The mine and its satellite operations are - located in Ghana adjacent to the towns of Bogoso and Prestea in the Western Region. Golden Star Resources Ltd. ("GSR") currently holds a90% interest …

Former Canadian-owned mining firm was a nuisance for Ghana…

A mining behemoth, when Canadian-owned, devastated the communities it took over, making things very tense. Mining communities are still feeling the effects of Golden Star Resources' (GSR) operations after, in 2020, it sold Future Global Resources (FGR) a 90 percent ownership in the Bogoso-Prestea gold mine for $55 million USD. …

Prestea-Bogoso Mine's future hangs in the balance

The mine – currently in the hands of Future Global Resources (FGR) Bogoso Prestea Limited and its principal shareholder Blue International Holdings Limited, United …

Ghana Prestea-Sankofa goldmine to reopen soon?

The mine's operating company Prestea Sankofa Gold (PSG) has also reportedly been working on a repayment plan for the expenses incurred by Ghana …

Prestea Sankofa Gold To Resume Operations, New Board Meets …

Prestea Sankofa Gold Ltd (PSGL) is the only State Gold Mining Company. left in Ghana. The company which employs close to 300 direct workers, with averagely 1200 dependants and 200 indirect workers and. contractors. The company has suffered massive blow due to. mismanagement and huge financial malfeasance on the part of …

Strained relations: A critical analysis of the mining conflict in

Background to the conflict in Prestea For over 100 years, Prestea,3 which is located in south-western Ghana approximately 200 km west of the country capital of Accra, has been an important location for industrial-scale gold mining: to date, more than eleven million ounces of gold have been produced in Prestea and the adjacent Bogoso locality.

FGR Bogoso-Prestea Mine workers kick against …

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.

The Geology of the Gold Deposits of Prestea Gold Belt of Ghana

This paper presents the geology of the gold deposits along the Prestea gold belt of Ghana to assist exploration work for new orebodies along the belt. Prestea district is the third largest gold producer in West Africa after Obuasi and Tarkwa districts (over 250 metric tonnes Au during the last century). The gold deposits are structurally ...

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Prestea Sankofa Gold Limited 15 Watson Loop Avenue, Adabraka P. O. Box KA 9098 KIA – Accra GHANA; Phone Numbers: +233307010119 / +233244311549

Future Global Resources takes over Bogoso-Prestea Mine …

In August 2018, La Mancha purchased a 30% share of GSR amounting to US$125.7million – declaring this was a strategic plan to revamp Prestea Underground Mine and to help accelerate development of the Wassa Mine (La Mancha announces the investment of US$125.7million in Golden Star Resources and the creation of a strategic …

Massive Shake-Up In Management Of Prestea …

THU, 05 JUL 2018 LISTEN. Attempt by the Nana Addo Dankwa Akuffo Addo's government in building new factories and reviving collapsed ones seem to be yielding fruits today, as Prestea Sankofa Gold Ltd (PSGL) …

We will revamp Prestea, Bogoso mines

We will revamp Prestea, Bogoso mines – Lands Minister. On April 27, 2024, 2:12 AM. The Minister for Lands and Natural Resources, A. Jinapor, says the government is working assidu­ously with crucial stakeholders to revamp the Prestea and Bogoso mines, to promote the job security of the workers, a statement from the Ministry …

Golden Star Completes Sale of the Bogoso-Prestea Gold Mine …

The Bogoso-Prestea operations are located in south-western Ghana, approximately 40km from the Wassa gold mine. Recently, production was delivered from the Bogoso-Prestea open pits and the Prestea ...

Strained Relations: A Critical Appraisal of the Mining Conflict …

This paper examines the dynamics of the ongoing conflict in Prestea, Ghana, where indigenous galamsey mining groups are operating illegally on a concession awarded to Bogoso Gold Ltd. (BGL ...

Living with conflicts in Ghana's Prestea mining area: Is …

The firm's significant mining activities are situated in the Western Region of Ghana's Ashanti Gold belt where it has two major operational hubs, namely (i) Prestea …

Geology and mine exploration trends of Prestea Goldfields, Ghana

The most abundant ore minerals are pyrite and arsenopyrite, each making up 20–30% of all the ore minerals. Gold is commonly associated with bournonite and bonanza ores are associated with mariposite. This paper analyses the present method of exploration. Initial drilling into the footwall has shown good values in the metavolcanic rocks.