Blue Gold Bogoso Prestea Limited, the new owner of the Bogoso and Prestea gold mining leases has restarted operations at the Bogoso and Prestea mine following a period of care and maintenance, an official statement has said.
It comes on the back of a strategic partnership with $8bn turnover by the Gerald Group, operators of the new mine.
A statement issued by Blue Gold on Monday (2 September ) said underground mining activities and dewatering has commenced, and the team are preparing the processing plant for gold pour.
In parallel 9km of access roads has been prepared for the commencement of the tailings lift, which will be completed under the supervision of the engineer of record, Knight Piesold.
Over 200 staff have so far resumed work in August as the company prepares to expand the number of workers on site during September and October.
The decision to restart the mine coincides with the conclusion of a strategic partnership and funding with global metal and mining company, Gerald Group.
Under the terms of the agreement Gerald will invest in the mine to increase resilience and throughput capacity of the processing plant and the underground operations.
Gerald Group will act as the offtaker of the material and will provide technical support to the leadership team and active involvement in the governance of the company.
