Blue Gold Bogoso Prestea Limited has said that it will challenge the Ministry of Lands and Natural Resources’ decision to terminate the FGR Bogoso and Prestea mining leases.
The business, which is the new operator of the FGR Bogoso and Prestea mines, said the Lands Ministry’s decision will be challenged since the “mining leases remain fully valid and the property of the company.”
The Lands and Natural Resources Minister, Samuel Abu Jinapor, issued a statement informing Ghanaians that the mining leases of the company had been terminated.
The statement revealed that the “decision to terminate the mining leases was taken after reviewing various reports from the Minerals Commission as well as a Ministerial Committee constituted to review the operations of the company and after extensive engagement with all stakeholders involved in this matter.”
But responding to the claims, the company opined that the grounds for the termination are questionable and that “would be strongly disputed by the company, and while any such dispute is ongoing, the mining leases remain fully valid and the property of the company.”
Read the response from the company below
RE: TERMINATION OF FGR BOGOSO PRESTEA LIMITED MINING LEASE
The attention of Blue Gold has been drawn to a press release from the Ministry of Lands and Natural Resources today Wednesday September 18, 2024, in which it states that the sector minister has terminated the mining lease of FGR Bogoso Prestea Mines on 3 September 2024.
We wish to state that no such communication has been received by the company.
Furthermore, we wish to state that the grounds for any such termination would be strongly disputed by the company, and while any such dispute is ongoing the mining leases remain fully valid and the property of the company.
We therefore take this opportunity to assure all our workers on site to remain calm and go about their duties as the process of termination of a mining lease is subject to prescribed legal procedures to protect the interests of all stakeholders and ensure that due process is followed.
Blue Gold is committed to the mine as our recent investments in the mine has shown.
By: rainbowradioonline.com/Ghana
