• About
  • Advertise
  • Privacy Policy
  • Contact
Friday, December 19, 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
Prestea-Bogoso Mine

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

Mahama Unites Africa and Diaspora @Accra Summit: ‘The Future Is Ours to Reclaim’

CLOGSAG Signals Nationwide Unrest Over Delayed Salary Structure

ORAL, a Five-Gear Machine Powered by Law to Succeed – CDD Fellow Slams Pessimists

“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
Share4Tweet3Share1SendSend
Please login to join discussion
Previous Post

NAIS To Resist Proposed School Rebranding By MoE

Next Post

Esq. Bawah Highlights NDC’s Accomplishments  

Related Posts

President John Dramani Mahama
General News

Mahama Unites Africa and Diaspora @Accra Summit: ‘The Future Is Ours to Reclaim’

December 19, 2025
Kwame Krakani, Deputy Executive Secretary of CLOGSAG
General News

CLOGSAG Signals Nationwide Unrest Over Delayed Salary Structure

December 19, 2025
CDD-Ghana Fellow and legal scholar, Professor Stephen Kwaku Asare
General News

ORAL, a Five-Gear Machine Powered by Law to Succeed – CDD Fellow Slams Pessimists

December 19, 2025
Hon. Samuel Okudzeto Ablakwa, Minister for Foreign Affairs and Regional Integration
General News

Ablakwa Demands Coordinated Global Action on Reparations at Diaspora Summit

December 19, 2025
Hon. Alexander Afenyo-Markin, Minority Leader
General News

Afenyo-Markin Slams Troubling Pattern in Kpandai as Justice Brew Misses Ruling Date

December 19, 2025
President John Dramani Mahama (R) and Finance Minister Dr Cassiel Ato Forson (L)
General News

Bawah Mogtari Hails Mahama, Ato Forson’s Steady Leadership for Ghana’s Turnaround

December 19, 2025
TikTok Escapes Shutdown as Washington Approves Multi-Billion Dollar Deal
Entertainment

TikTok Escapes Shutdown as Washington Approves Multi-Billion Dollar Deal

by M.CDecember 19, 2025
Dr. Cassiel Ato Forson, Minister of Finance
Economy

Gov’t Pledges Sustained Financial Prudence in 2026 – Ato Forson

by Michael Teye-Bio NaduteyDecember 19, 2025
Extractives/Energy

Gold Fields, MIIF Engage on Investment and Strategic Collaboration

by Prince AgyapongDecember 19, 2025
High Interest Rates Here to Stay as IC Securities Flags Tough Monetary Stance into 2026
Economy

High Interest Rates Here to Stay as IC Securities Flags Tough Monetary Stance into 2026

by M.CDecember 19, 2025
Ahmed al-Sharaa, Syria’s de facto leader as Trump Hints Sanctions Removal On Syria
Asia

Syria Lauds Final Repeal Of US Sanctions

by Comfort AmpomaaDecember 19, 2025
Ghana Cocoa Board Missed the Cocoa Bonanza as Global Prices Hit Record Highs – Randy Abbey Laments
Agribusiness

Ghana Cocoa Board Missed the Cocoa Bonanza as Global Prices Hit Record Highs – Randy Abbey Laments

by M.CDecember 19, 2025
TikTok Escapes Shutdown as Washington Approves Multi-Billion Dollar Deal
Dr. Cassiel Ato Forson, Minister of Finance
High Interest Rates Here to Stay as IC Securities Flags Tough Monetary Stance into 2026
Ahmed al-Sharaa, Syria’s de facto leader as Trump Hints Sanctions Removal On Syria
Ghana Cocoa Board Missed the Cocoa Bonanza as Global Prices Hit Record Highs – Randy Abbey Laments

Recent News

TikTok Escapes Shutdown as Washington Approves Multi-Billion Dollar Deal

TikTok Escapes Shutdown as Washington Approves Multi-Billion Dollar Deal

December 19, 2025
Dr. Cassiel Ato Forson, Minister of Finance

Gov’t Pledges Sustained Financial Prudence in 2026 – Ato Forson

December 19, 2025
Goldfields story

Gold Fields, MIIF Engage on Investment and Strategic Collaboration

December 19, 2025
High Interest Rates Here to Stay as IC Securities Flags Tough Monetary Stance into 2026

High Interest Rates Here to Stay as IC Securities Flags Tough Monetary Stance into 2026

December 19, 2025
Ahmed al-Sharaa, Syria’s de facto leader as Trump Hints Sanctions Removal On Syria

Syria Lauds Final Repeal Of US Sanctions

December 19, 2025
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.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address