Blue Gold Bogoso Prestea Mining Limited has raised concerns about the termination of the mining leases for Future Global Resources (FGR) Bogoso Prestea Mines by the Lands and Natural Resources Minister.

The company in a statement on Wednesday, September 18, asserted that the reason for which the Minister, Samuel Abu Jinapor announced the termination of the mining lease will be strongly disputed, stating that the mining leases remain fully valid and the property of the company.

This follows the Minister's official statement announcing the termination of the FGR Bogoso Prestea Mining Limited’s lease, based on recommendations of the Minerals Commission and the Attorney-General and Minister for Justice.

• Read also: Lands Minister terminates FGR Begoso Prestea Mining Limited leases

According to the Ministry, the decision was made after thorough reviews of reports from the Minerals Commission and a Ministerial Committee tasked with evaluating the company’s operations, in addition to consultations with relevant stakeholders.

"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," the statement read.

But responding to the issue in a statement, Blue Gold claimed that the company had not received any official communication regarding the termination.

• Read also: Save Bogoso-Prestea Mine from collapse now – Angry chiefs tell Government as FGR struggles

“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 added.