HGL is currently in charge of running the Bogoso-Prestea Mine, outlines future plans

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

Heath Goldfields Limited (HGL), the Ghanaian-owned company now operating the Bogoso-Prestea Mine, has received strong backing from traditional and political leaders as it rolls out a massive redevelopment plan, aimed at restoring full-scale operations and jobs to the mining community.

The company has already committed US$75 million to preparatory works and infrastructure rehabilitation.

This is part of a broader US$205 million Phase One strategy to modernise the mine over the next five years.

Source: newsthemegh.com