Heath Goldfields Limited has refuted what it calls false and misleading publications by Future Global Resources Bogoso Prestea Limited and Blue Gold Bogoso Prestea Limited (FGR/Blue Gold) regarding the revocation of their mining leases and the subsequent transfer of the Bogoso-Prestea Mine to Heath.

In a statement, Heath described the allegations as “baseless” and “part of a calculated campaign” by FGR/Blue Gold to incite public disaffection against the company and government institutions, including the Minerals Commission and the Ministry of Lands and Natural Resources.

The company outlined a detailed timeline showing how FGR/Blue Gold repeatedly breached key terms of their mining lease between 2021 and 2023 — including failure to pay workers’ salaries and statutory contributions, provide proof of financial capacity, and revive the mine’s operations.

Despite several warnings, FGR/Blue Gold failed to meet the conditions of a “conditional approval” granted by the Minister for Lands and Natural Resources in April 2024 to restructure and recapitalise the mine. Following further legal and procedural reviews, the leases were terminated in September 2024 and subsequently re-awarded to Heath in December that year through a transparent tender process.

Heath said it inherited a “collapsed mine” and has since invested heavily in its revival, including paying outstanding salaries and contractors’ debts owed by FGR/Blue Gold, restoring essential services, and upgrading safety infrastructure. The company said over GHS 150 million has been injected so far to stabilize operations and prepare for full-scale production before the end of 2025.

It also accused FGR/Blue Gold of filing multiple lawsuits to frustrate progress. Several of these legal actions, including injunction applications, were dismissed by the High Court in March and May 2025, clearing the path for Heath to proceed with its obligations and seek parliamentary ratification of its lease.

Heath further revealed that EOCO had investigated and dismissed earlier claims of wrongdoing in its acquisition of the mine, describing them as “frivolous and unmeritorious.”

Despite the legal hurdles, Heath says it remains focused on reviving the Bogoso-Prestea Mine for the benefit of local communities and the country.

“These half-truths and misrepresentations being circulated will come to naught. Heath remains resolute and focused on bringing the mines back to life for the good people of Bogoso, Prestea, and Ghana at large,” the statement concluded.