• About
  • Advertise
  • Privacy Policy
  • Contact
Tuesday, October 14, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

NDC Exposes Discrepancies on Prestea-Bogoso Mine Recapitalization

Evans Junior Owuby Evans Junior Owu
May 2, 2024
Reading Time: 3 mins read
Evans Junior Owuby Evans Junior Owu
in General News
0
NDC Exposes Discrepancies on Prestea-Bogoso Mine Recapitalization

Prestea-Bogoso Mine

The National Democratic Congress (NDC) in the Prestea Huni Valley Constituency has issued a press statement exposing what it perceives as discrepancies and dishonesty surrounding the recapitalization of the Prestea-Bogoso mine by Future Global Resources (FGR).

The statement issued by the party’s constituency Communication Bureau expressed deep concern over recent communications from the Ministry of Lands and Natural Resources (MLNR), citing contradictions and a lack of transparency in the process.

The statement also challenged the honesty of Mrs Barbara Oteng Gyasi, the current Board Chairperson of the Minerals Commission and further questioned the ruling government’s approach to recapitalising the Prestea-Bogoso mine.

RelatedPosts

Government to Begin Dambai-Kete Krachi Bridge Construction Soon

Stop Playing Politics with Health — Minority Chides Health Minister

China’s Transformation, a Remarkable Modern Story: Ghana Determined to Learn from China – President Mahama

“The NDC – Prestea Huni Valley constituency is deeply concerned by the recent press statement issued by the Ministry of Lands and Natural Resources (MLNR) regarding the recapitalization of the Prestea-Bogoso mine by Future Global Resources (FGR). We have taken notice of the discrepancies in the statement, and we would like to set the record straight”.

NDC Communications Bureau, Prestea Huni Valley Constituency

Central to the National Democratic Congress chapter in the Prestea Huni Valley Constituency’s concerns is what it describes as the apparent contradiction between assurances made by Mrs Barbara Oteng Gyasi, Chairperson of the Minerals Commission, and the content of the Ministry of Lands and Natural Resource’s recent press statement.

According to the National Democratic Congress in the Prestea Huni Valley Constituency, Mrs Oteng Gyasi had previously assured the local people and the general public that investors had been shortlisted to revitalize the mine, however, the Ministry of Lands and Natural Resource’s recent letter makes no mention of such investors or any signed agreements.

Honorable Barbara Oteng Gyasi
Honorable Barbara Oteng Gyasi

The press statement further noted that instead, the Ministry of Lands and Natural Resources statement granted Future Global Resources an additional 120 days to raise the necessary capital for the mine’s recapitalization, pay outstanding workers salaries, and ensure full operational capacity.

ADVERTISEMENT

The National Democratic Congress in the Prestea Huni Valley thus accused the Board Chairperson of the Mineral Commission, Mrs. Oteng Gyasi of misleading the public and casting doubt on the government’s credibility in handling the mine’s revitalization efforts.

Criticisms against Mineral Commission’s Board Chairperson

Furthermore, the National Democratic Congress in the Prestea Huni Valley Constituency strongly posited that such discrepancies not only undermine confidence in the government’s approach but also reflect poorly on Mrs Barbara Oteng Gyasi’s honesty and integrity.

The statement emphasized that the perceived false claims allegedly propagated by Mrs Oteng Gyasi have caused confusion and concern among stakeholders, particularly workers and community members reliant on the mine for their livelihoods.

Moreover, the National Democratic Congress in the Prestea Huni Valley accused Mrs. Oteng Gyasi of incompetence, arguing that the Minerals Commission under her leadership, has consistently failed to deliver on promises made to affected workers and communities.

The statement thus urged the public to remain vigilant and expressed the National Democratic Congress’s commitment to monitoring the situation closely and taking necessary actions to ensure the mine’s full operational status.

In a call for transparency and accountability, the National Democratic Congress in the Prestea Huni Valley Constituency called upon both the Ministry of Lands and Natural Resources and the Minerals Commission to provide clarity on the matter and keep all stakeholders informed of any developments regarding the mine’s recapitalization.

The party also expressed its commitment and relentlessness to advocating for transparency and accountability in all matters concerning the Prestea-Bogoso mine and beyond.

The statement concluded by admonishing the ruling government to review its handling of the Prestea-Bogoso mine’s recapitalization process, highlighting alleged discrepancies, misleading statements, and a lack of transparency that have raised significant concerns among stakeholders.

READ ALSO: Jeremiah Manele Named Solomon Islands’ Prime Minister

Tags: Future Global Resources (FGR)Ministry of Lands and Natural ResourcesNDC Communications BureauPrestea Huni Valley ConstituencyPrestea-Bogoso Mine
Please login to join discussion
Previous Post

NAIS To Resist Proposed School Rebranding By MoE

Next Post

Esq. Bawah Highlights NDC’s Accomplishments  

Subscription Form

Related Posts

Authorities Demand Urgent Action as Typhoid Surges in Oti Region
General News

Government to Begin Dambai-Kete Krachi Bridge Construction Soon

October 14, 2025
Stop Playing Politics with Health — Minority Chides Health Minister
General News

Stop Playing Politics with Health — Minority Chides Health Minister

October 14, 2025
President John Dramani Mahama
General News

China’s Transformation, a Remarkable Modern Story: Ghana Determined to Learn from China – President Mahama

October 14, 2025
Dr. Dickson Adomako Kissi
General News

Adomako Kissi Raises Alarm Over Ghana’s Healthcare Financing Crisis

October 14, 2025
President John Dramani Mahama
General News

Ghana Becoming Africa’s Most Friendly Business Destination – Mahama Woos Chinese Investors in Beijing

October 14, 2025
Kwame Governs Agbodza
General News

GHS 5 Billion Paid to Road Contractors – Roads Minister

October 14, 2025
Pakistan, IMF Reach $3 Billion Bailout Agreement
UK

UK Set To Be This Year’s Second-Fastest-Growing G7 Economy

by Comfort AmpomaaOctober 14, 2025
high-level meeting between the PHDC and representatives of the consortium
Extractives/Energy

Petroleum Hub Nears Deal with Egyptian Consortium for Energy 

by Prince AgyapongOctober 14, 2025
Enterprise Insurance Rolls Out ‘Momo Insure’ to Protect Agents from Robbery, Death, and Disability
Insurance

Enterprise Insurance Rolls Out ‘Momo Insure’ to Protect Agents from Robbery, Death, and Disability

by Stephen M.COctober 14, 2025
Authorities Demand Urgent Action as Typhoid Surges in Oti Region
General News

Government to Begin Dambai-Kete Krachi Bridge Construction Soon

by Silas Kafui AssemOctober 14, 2025
IMANI Africa and ISSER to Present Groundbreaking Research on Ghana’s Digital Assets and Credit Guidelines at MTN MoMo’s Fintech Forum
Vaultz Business

IMANI Africa and ISSER to Present Groundbreaking Research on Ghana’s Digital Assets and Credit Guidelines at MTN MoMo’s Fintech Forum

by Stephen M.COctober 14, 2025
Stop Playing Politics with Health — Minority Chides Health Minister
General News

Stop Playing Politics with Health — Minority Chides Health Minister

by Emmanuel Tibila BoasahOctober 14, 2025
Pakistan, IMF Reach $3 Billion Bailout Agreement
high-level meeting between the PHDC and representatives of the consortium
Enterprise Insurance Rolls Out ‘Momo Insure’ to Protect Agents from Robbery, Death, and Disability
Authorities Demand Urgent Action as Typhoid Surges in Oti Region
IMANI Africa and ISSER to Present Groundbreaking Research on Ghana’s Digital Assets and Credit Guidelines at MTN MoMo’s Fintech Forum
Stop Playing Politics with Health — Minority Chides Health Minister

Recent News

Pakistan, IMF Reach $3 Billion Bailout Agreement

UK Set To Be This Year’s Second-Fastest-Growing G7 Economy

October 14, 2025
high-level meeting between the PHDC and representatives of the consortium

Petroleum Hub Nears Deal with Egyptian Consortium for Energy 

October 14, 2025
Enterprise Insurance Rolls Out ‘Momo Insure’ to Protect Agents from Robbery, Death, and Disability

Enterprise Insurance Rolls Out ‘Momo Insure’ to Protect Agents from Robbery, Death, and Disability

October 14, 2025
Authorities Demand Urgent Action as Typhoid Surges in Oti Region

Government to Begin Dambai-Kete Krachi Bridge Construction Soon

October 14, 2025
IMANI Africa and ISSER to Present Groundbreaking Research on Ghana’s Digital Assets and Credit Guidelines at MTN MoMo’s Fintech Forum

IMANI Africa and ISSER to Present Groundbreaking Research on Ghana’s Digital Assets and Credit Guidelines at MTN MoMo’s Fintech Forum

October 14, 2025
Stop Playing Politics with Health — Minority Chides Health Minister

Stop Playing Politics with Health — Minority Chides Health Minister

October 14, 2025
Subscription Form
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.