Heath Goldfields clears GH¢139 million in worker arrears as Bogoso-Prestea recovery begins

Heath Goldfields has paid over GH¢139 million to workers at the Bogoso-Prestea mine since taking over operations. According to the company's General Manager, Patrick Appiah Mensah, the payments form part of a deliberate effort to "restore dignity to workers, rebuild trust and transform industrial relations after years of uncertainty."

Heath Goldfields assumed control of the mine in late 2024, inheriting nearly $87 million in liabilities from the previous operator, Future Global Resources (FGR). These liabilities included more than $25 million owed to workers, about $25 million in unpaid electricity bills, and additional obligations to state institutions such as SSNIT, GRA and GRIDCo. By the time the company took over, operations had ceased, with the site inactive for close to two years. The underground mine had been completely flooded after power cuts halted pumping systems under the previous operator. Heath Goldfields is currently undertaking continuous dewatering at a rate of about 10 million litres per day. Heath Goldfields has already invested more than $52 million into the mine and secured an additional $65 million financing facility from global commodity trader Trafigura to support ongoing rehabilitation and operations.

Heath Goldfields projects to fully drain the mine by August 2026. Patrick Appiah Mensah pointed to a November 2025 ruling by the Supreme Court of Ghana, which upheld the validity of the lease transfer after it was challenged by the previous operator. Heath Goldfields maintains that it is operating in full compliance with Ghana's mining laws and continues to hold a valid permit issued in December 2025, as it works to revive operations and address both financial and technical setbacks at the Bogoso-Prestea mine.