• About
  • Advertisements
  • Terms of Use
  • Contact
Wednesday, August 19, 2026
The Sikaman Times
Advertisement
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus
No Result
View All Result
The Sikaman Times
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus
No Result
View All Result
The Sikaman Times
No Result
View All Result

FGR Bogoso-Prestea workers protest unpaid salaries, demand lease revocation

by Yaa Amoakowaa Obeng
September 17, 2024
FGR Bogoso-Prestea workers protest unpaid salaries, demand lease revocation
SharePostSendShareSend

On Monday, 16th September, miners from Future Global Resources (FGR) and Blue Gold, both in Bogoso-Prestea, held a protest at the TUC building, demanding unpaid remuneration and action against the companies.

Dressed in red, the protestors carried placards with messages such as “We Need Our Money,” “Who Will Speak for Us,“ “Hon Jinapor, ”Revoke the Licence of BlueGold,” “Land of Gold Turns Land of Sorrow,“ and “Prestea Deserves Better.”

The workers noted that they have not received their remuneration since April 2024, due to the companies’ financial struggles.

This protest follows a similar demonstration on April 25 and 26 2024 at the premises of the Ministry of Lands and Natural Resources and Parliament, where miners demanded the government terminate FGR’s mining leases and put the Bogoso-Prestea mine up for sale.

During the protest on Monday, Abdul-Moomin Gbana, General Secretary of the Ghana Mineworkers Union, reminded the media of a promise made by the Minister of Lands and Natural Resources, Hon. Samuel A. Jinapor, during the April demonstration.

“The Minister assured workers that the government was committed to their welfare and the revamping of the mine,“ he said. 

Gbana outlined the conditions set by the minister in an April 17 letter, which included the following: FGR was given 120 days to raise capital and restore the mines to full operational capacity; the company was ordered to pay all outstanding salaries within two weeks, with final payments due by May 30, 2024; FGR had to provide proof of financial resources to pay creditors and restart full operations within the 120-day period, and failure to meet these conditions would result in the revocation of FGR’s mining leases.

Despite these warnings, Gbana reported that FGR has not met any of the conditions.

“The company has neither paid the outstanding salaries nor secured the capital needed to reinvest in the mine to make it operational,” he said, adding that over nine months of salaries remain unpaid, leaving many workers in financial distress.

He urged the government to revoke FGR’s mining lease and find a new investor for the mine.

FGR took control of the Bogoso-Prestea Mine in September 2020 after acquiring 90% of Golden Star Resources’ stake. Despite concerns raised about FGR’s lack of experience and financial capacity, the deal was approved by the government.

In May 2024, Blue Gold Bogoso Prestea Limited announced in a statement that it had acquired the Bogoso-Prestea mining leases from FGR, with a portion of the revenue earmarked to settle FGR’s creditor obligations. However, the financial troubles in the two companies persist, fuelling worker unrest.

Advertisement Advertisement
Tags: Blue Gold HoldingsFeaturedFGR Bogoso-PresteaFuture Global ResourcesMinistry of Lands and Natural Resources
Share2Tweet1SendShareSend
Previous Post

Trump rushed to safety in alleged assassination attempt

Next Post

Ghana SME’s and Startup Week unveils shortlisted nominees for Ghana Innovation and Startup Awards 2024

Related Posts

New VAT regime takes hold as GRA implements Act 1151
Business

GRA to introduce pension-linked tax system for informal sector businesses

August 19, 2026
Gender, policy and fiscal reforms take center stage at 4th SWIT conference in Accra
Business

Gender, policy and fiscal reforms take center stage at 4th SWIT conference in Accra

August 19, 2026
Sammy Gyamfi challenges Afenyo-Markin to produce evidence of $1.7bn loss
Business

Sammy Gyamfi dares Minority to summon him to Parliament over loss claims

August 19, 2026
Sammy Gyamfi: Outrage as Ag. GOLDBOD CEO apologises for dollar handout to controversial evangelist
Business

GoldBod fees too small to explain $1.7bn loss – Sammy Gyamfi

August 19, 2026
Sammy Gyamfi challenges Afenyo-Markin to produce evidence of $1.7bn loss
Business

Sammy Gyamfi challenges Afenyo-Markin to produce evidence of $1.7bn loss

August 19, 2026
Wontumi’s bail bid put off to October 15 as judge stays away
General

Wontumi’s bail bid put off to October 15 as judge stays away

August 19, 2026
Next Post
Ghana SME’s and Startup Week unveils shortlisted nominees for Ghana Innovation and Startup Awards 2024

Ghana SME's and Startup Week unveils shortlisted nominees for Ghana Innovation and Startup Awards 2024

  • We’re not negotiating; we’re executing the court’s explicit order – Nduom

    We’re not negotiating; we’re executing the court’s explicit order – Nduom

    15 shares
    Share 6 Tweet 4
  • Menzgold: 60% of customers ineligible for payment after validation

    25 shares
    Share 10 Tweet 6
  • Government pays GH¢10.8bn DDEP coupon in full

    2 shares
    Share 1 Tweet 1
  • Police investigate journalist assault at EOCO during Wontumi arrest

    38 shares
    Share 15 Tweet 10
  • GRA eyes GH¢310 billion revenue by 2028 through informal sector reform

    1 shares
    Share 0 Tweet 0

Browse by Category

  • Africa
  • Ahafo
  • Art & Entertainment
  • Arts & Entertainment
  • Ashanti
  • Aviation
  • Banking & Finance
  • Bono East
  • Brong Ahafo
  • Business
  • Business
  • Central
  • Communication
  • Culture
  • Eastern
  • Economy
  • Education
  • Entrepreneurship & Local Business
  • Exclude
  • Features
  • General
  • Ghana
  • Greater Accra
  • Health
  • Health
  • International
  • International Trade
  • Lifestyle
  • Lifestyle
  • Media
  • National
  • News
  • North East
  • Northern
  • Oil & Gas
  • Oti
  • Politics
  • Politics
  • Real Estate
  • Regional
  • Relationship
  • Relationship
  • Religion
  • Savannah
  • Social
  • Social
  • Sports
  • Sports
  • Technology
  • Tourism & Hospitality
  • Trade
  • Transportation
  • Uncategorized
  • Upper East
  • Upper West
  • Volta
  • Western
  • About
  • Advertise
  • Privacy & Policy
  • Contact

About Us

© 2022- 2026 The Sikaman Times

No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus

About Us

© 2022- 2026 The Sikaman Times

QUICK LINKS

About

Privacy Policy

Terms Of Use

Advertisement

Contact

FOCUS

Ghana

Africa

International

CATEGORIES

General News

Business

Opinions

Politics

Technology

EXTRAS

Sports

Entertainment

Health & Wellness

STAY CONNECTED

Facebook Twitter Youtube Instagram Linkedin

© COPYRIGHT 2022-2026
The Sikaman Times