Audio By Carbonatix
The Minister of Lands and Natural Resources, Samuel Abu Jinapor, has officially terminated the mining leases of FGR Bogoso Prestea Mining Limited.
This decision, announced in a press statement on Wednesday, September 18, 2024, was based on recommendations from the Minerals Commission and the Attorney-General and Minister for Justice.
The Ministry stated that the move followed thorough reviews of reports from the Minerals Commission and a Ministerial Committee set up to assess the company’s operations, alongside consultations with relevant stakeholders.
"The Minister responsible for Lands and Natural Resources, Hon. Samuel A. Jinapor, MP, acting on the advice and recommendation of the Minerals Commission and the Attorney-General, pursuant to article 88 of the Constitution, sections 5(1), 68(1) and 100(2) of the Minerals and Mining Act, 2006 (Act 703), and regulation 200(1) of the Minerals and Mining (Licensing) Regulations, 2012 (L.I. 2176), has terminated the mining leases granted to FGR Bogoso Prestea Limited (the Company), and directed the Minerals Commission to issue a notice of termination to the Company, in accordance with regulation 200(4) of L.I. 2176."
"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 Ghana Mine Workers Union (GMWU), along with over 400 of its members, staged a demonstration on April 25 and 26, 2024, at the Ministry of Lands and Natural Resources demanding action against the company.
Read Also: Save Bogoso-Prestea Mine from collapse now – Angry chiefs tell Government as FGR struggles
Their protest was to draw the government’s attention to the inactivity at the company that was affecting the community's livelihood.
In response, the Ministry assured the union and the workers of its commitment to safeguarding their interests and the well-being of the Bogoso-Prestea communities.
A committee was subsequently established to investigate the situation, leading to the termination of the mining leases.
In February this year, traditional leaders in the Prestea Huni-Valley Municipality also rose against Future Global Resources (FGR) for failing to revamp the Bogoso Prestea mine as promised in September 2021 when they took over the concession from Golden Star Resources.
The chiefs were particularly angry at the government and mining sector regulators for failing to intervene to address the situation despite several appeals to them.
Latest Stories
-
Pay me by Sept. 11 or face the court – Kow Essuman demands salary, benefits from Finance Minister
25 seconds -
Bawumia’s destiny lies in the hands of God; not you – Muslim Forum for Peace and Unity replies Rev. Owusu Bempah
2 minutes -
NPP NEC meets today to discuss and approve party’s position paper on Constitution Review proposals
9 minutes -
Today’s frontpages: Thursday, September 10, 2026
16 minutes -
Ghana Garden and Flower Show returns on Sept 11 with focus on green jobs, business and wellbeing
17 minutes -
Titus-Glover camp says Mustapha Salam wasn’t pressured to withdraw from National Organiser race
19 minutes -
Ghana’s acclaimed Christian – Muslim unity bigger than Owusu Bempah’s hatred and bigotry – Muslim Forum for Peace and Unity
21 minutes -
Karpowership lights up young minds on International Literacy Day
31 minutes -
Banking sector NPLs fall to GH¢19.9bn as asset quality improves
34 minutes -
Republic Bank Ghana, UPSA sign strategic MoU to advance professional development and industry-academia collaboration
39 minutes -
MTN 30th Anniversary CEO Invitational Golf Tournament set to tee off at Achimota
42 minutes -
Ghana woos Australian investors into critical minerals
56 minutes -
Akufo-Addo’s former legal counsel Kow Essuman, writes to Finance Minister to demand his ex-gratia payment
1 hour -
NSMQ Final: St Augustine’s get GH¢110,000 motivational package from old boys
1 hour -
AFCON 2027: Ghana has no business doing football if we can’t beat Somalia and The Gambia to qualify – George Afriyie
2 hours