The Prestea-Bogoso Mine’s operators, FGR Bogoso Prestea Ltd., have not requested that the Prestea-Bogoso Mine be placed under care and maintenance, according to the Minerals Commission.
The commission made it clear in a news release on Tuesday, January 30, that FGR Bogoso Prestea Ltd (FGR) and its primary shareholder, Blue International Holdings Limited, headquartered in the United Kingdom, are now in charge of the Prestea-Bogoso Mine.
The commission made it clear that they had not received a formal request or application from FGR to place the mine under care and maintenance, nor had the Ministry of Lands and Natural Resources.
“For the avoidance of doubt, neither the Ministry nor the Commission has received a formal application or request from FGR to put the Mine under Care and Maintenance.”
“An application to suspend production is clearly set out in section 51 of the Minerals and Mining Act, 2006 (Act 703) which requires the holder of the Mining Lease to serve a notice to that effect on the Minister. As indicated earlier, no such request or application has been submitted to the Minister.”
“In the event that such an application is received, it shall be considered in accordance with applicable Regulations and the current state of the mine and a decision taken in the best interest of the Country,” an excerpt of the statement read.
The public was given the assurance by the Commission that mining investments would be protected and that the nation’s mineral resources would be effectively managed.
“The Commission wishes to assure the public of its unflinching commitment to ensuring the effective and efficient management of the mineral resources of the country, the protection of mining investment in general and the Prestea Bogoso Mine in particular to protect jobs, the local Prestea economy, community development as well as revenue generation for the benefit of the good people of Ghana.”
