Bogoso-Prestea Mine No Longer In Decline — Heath Goldfields MD.

The Managing Director of Heat Goldfields, Patrick Appiah Mensah, has declared that the historic Bogoso-Prestea Mine is “no longer a story of decline,” following the mine’s first gold pour after 24 months of complete stoppage.

Addressing members of the media on February he described the milestone as a powerful symbol of resilience and responsible Ghanaian leadership.

According to the MD, when Heat Goldfields assumed stewardship of the mine a year ago, it inherited significant operational and financial challenges.

The Prestea Underground Mine was flooded, the Tailings Storage Facility posed safety risks, the Process Plant was non-operational, and the water treatment plant was not functioning.

Salaries and contractor payments were in arrears, while utility debts to service providers ran into millions of dollars.

He outlined measurable progress made over the past year, noting that more than 1,400 people are now directly and indirectly employed, with approximately 80 percent drawn from local catchment communities.

Over 70 service providers are actively engaged, creating multiplier effects across the local economy.

In addressing inherited liabilities, the company engaged the Ghana Mine Workers Union under a structured settlement framework and has paid more than GHS 139 million toward employee legacy obligations a move the Managing Director described as both a financial and moral responsibility.

Looking ahead, he disclosed that a feasibility study on the Prestea Underground Mine is being finalised to deploy modern, technology-driven mining methods aimed at enhancing safety, productivity, and cost efficiency.

Beyond operations, the Managing Director said the company is preparing to roll out Strategic Community Development Initiatives focused on infrastructure, education, healthcare, and enterprise development in host communities.

Heath Goldfields says it remains committed to delivering sustainable employment, empowering communities, and contributing meaningfully to national development as the Bogoso-Prestea Mine enters what it describes as a new chapter of structured revival and growth.

Story by Nana Fynn@W/R.