Audio By Carbonatix
Local contractors under the Local Companies in Mining Services (LOCOMS) have formally commended Heath Goldfields Limited and its Managing Director, Patrick Appiah Mensah, for taking proactive steps to alleviate longstanding financial obligations.
In a press release issued on Wednesday and signed by Imurana Salifu, Locoms Secretary on August 27, LOCOMS expressed sincere appreciation as the company made part-payment of legacy debt owed to local contractors, describing the move as a welcome relief that demonstrates a renewed commitment to trust-building and sustainable economic development.
"We acknowledge with appreciation the part payment of the legacy debt owed to contractors (LOCOMS), while we look forward to the final and complete payment to all affected parties. This gesture not only provides much-needed relief to local businesses but also demonstrates a renewed commitment to fostering trust, strengthening partnerships, and promoting sustainable economic activity in the mining catchment area" the statement noted.
LOCOMS' statement emphasised Heath Goldfields’ meaningful step toward paying legacy debt, offering much-needed relief to local businesses.
"We recognise that these actions, while part of an ongoing process, mark a positive turning point in relations between Heath Goldfields Limited and its stakeholders."
The group expressed hope for continued settlement of all outstanding liabilities and restoration of operations at Bogoso-Prestea in the Wesetrn region. LOCOMS also encouraged ongoing actions grounded in fairness, transparency, and shared prosperity as the mining firm works to revive operations at the Bogoso-Prestea site.
"It is our hope that such gestures will be sustained and expanded in the spirit of fairness, transparency, and shared prosperity, while HGL takes critical measures to ensure active operation of the Bogoso Prestea Mine without fail."
A broader context
This commendation follows Heath Goldfields' earlier high-profile settlement of GH₵80 million in legacy salary arrears owed to employees of the previous leaseholder, an action that earned praise from the Ghana Mineworkers’ Union for its promptness and fairness.
However, the company has faced regulatory scrutiny. In July 2025, the Minerals Commission ordered a halt to operations at the Bogoso-Prestea Mine, citing serious breaches of health, safety, and administrative rules. Heath Goldfields was given a 45-day window to address the violations or risk license revocation.
Adding to the challenges, an investigation into the company’s acquisition of the mining lease was discontinued by Ghana’s Economic and Organised Crime Office (EOCO) in early 2025, noting insufficient evidence of wrongdoing.
Latest Stories
-
Rainforest Alliance convenes stakeholders to deepen sustainability dialogue in Ghana’s cocoa sector
7 minutes -
World Cup: I will select ‘capable and experienced’ players – Ghana coach Queiroz
10 minutes -
Extreme classroom heat affecting pupils’ learning, cognitive performance – experts warn
19 minutes -
Nana Yeboah Nyamekye Adutwum aka Stephen Kofi Yeboah Kwaso Deduakohene
27 minutes -
I am a winning coach – Carlos Queiroz
43 minutes -
Lamine Yamal ruled out for rest of season but will be fit for World Cup
43 minutes -
New Black Stars coach calls for unity in World Cup push
44 minutes -
Asos demands £7m from US as firms rush to claim tariff refunds
46 minutes -
Lebanon accuses Israel of targeting journalist killed in air strike
48 minutes -
No FIFA plan for Italy to replace Iran at World Cup
48 minutes -
Hassan Ayariga backs Mahama’s review of NLA-KGL digital lottery deal
49 minutes -
Gov’t to soon name committee for constitutional reforms implementation – Kwakye Ofosu
50 minutes -
Trump administration reclassifies cannabis as less dangerous
52 minutes -
Black Stars is my biggest challenge yet – Carlos Queiroz
54 minutes -
“From party builder to Presidential contender: The calculated rise of Julius Debrah”
55 minutes