Gerald Group, one of the world’s oldest and largest independent commodity trading companies, has assumed control of the Bogoso and Prestea mines under the name Blue Gold Bogoso Prestea Limited.
This takeover follows a significant break in December 2023, when Future Global Resources (FGR) ceased operations after aggrieved staff demanded a change in ownership due to inefficiency and mismanagement concerns.
In a statement issued on September 2, Blue Gold Bogoso Prestea Limited announced that over 200 staff members resumed work in August, with plans to further increase the workforce throughout September and October.
The Ghana Mineworkers’ Union had supported the aggrieved staff by organizing a series of pickets at the Ministry of Lands and Natural Resources beginning in November 2023, calling for a change in the mine’s leadership.
