Community Group Demands Revocation Of Heath Goldfields’ Mining Lease Over Financial Concerns.
The Catchment Area Community Alliance (CACA) has called for the immediate revocation of Heath Goldfields’ mining lease, citing what it describes as the company’s lack of financial capacity to operate the Bogoso-Prestea Underground Mine.
At a press conference held in Prestea in the Western Region, members of CACA urged the Minister of Lands and Natural Resources and other relevant state institutions to urgently intervene in the matter.
The group stressed that it is not opposed to responsible mining but will not accept what it termed as empty promises and misrepresentations.
According to CACA, Heath Goldfields was granted the lease based on assurances that it had strong financial backing and access to over 500 million dollars in capital assurances the group claims have not materialized.
“The operation is highly capital-intensive, and while it possesses a long Life of Mine (LOM), this demands sustained and substantial investment to be operated safely and responsibly,” said Bulley Gershon, a member of CACA.
CACA further alleged that Heath Goldfields has failed to meet key financial commitments, including funding for underground dewatering, ventilation systems, equipment rehabilitation, and production ramp-up.
The group argues that these shortcomings have compromised the mine’s operational readiness and raised concerns about safety and sustainability.
Members of the alliance are therefore demanding swift action from authorities to protect the interests of the community and ensure that mining operations, if continued, are conducted responsibly and with the necessary financial backing.
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