Mining/Natural Resources

FGR misses deadline to revive Prestea and Bogoso Mines, sparking concerns

The deadline set by Ghana’s Ministry of Lands and Natural Resources for Future Global Resources (FGR) to restart operations at the Prestea and Bogoso mines has passed without the company meeting key conditions. This 120-day deadline, established to ensure significant capital investment and the resumption of mining activities, expired with no substantial progress, leaving the mines idle since December 2023. Nana Nteboa Pra, Chief of Hima Prestea, expressed deep concern over FGR's failure to fulfill most of its obligations, despite the company paying overdue worker salaries. He voiced the frustration and uncertainty felt by the local community and the mine's...
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