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    Home»Business»High Court dismisses FGR/Blue Gold suit against Heath Goldfield’s lease to Bogoso Prestea Mines
    Business

    High Court dismisses FGR/Blue Gold suit against Heath Goldfield’s lease to Bogoso Prestea Mines

    ZamZam UpdateBy ZamZam UpdateMarch 21, 2025No Comments2 Mins Read
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    The Excessive Courtroom (Business Division), Accra has thrown out the appliance filed by Blue Gold Bogoso Prestea Restricted (1st Applicant) and FGR Bogoso Prestea Restricted (2nd Applicant) for judicial evaluate of the Minister for Lands and Pure Sources’ termination of their mining rights and its subsequent switch to Heath Goldfields Ltd.

    This choice consequently affirms Heath Goldfields because the holder of the leases concerning the Bogoso Prestea Mines.

    Blue Gold Bogoso and Prestea Ltd, and FGR Bogoso Prestea Ltd. filed an utility inviting the Excessive Courtroom to quash the Minister’s (third Respondent) choice approving the switch of the Bogoso Prestea Mines and in addition for an injunction restraining the respondents and Heath Goldfields Ltd. from taking management or possession of the mines till the dispute is resolved.

    The applying additionally sought an order barring the Minister from presenting any mining lease agreements to Parliament for ratification, amongst different reliefs.

    Counsel for the respondents forcefully opposed the appliance as being incompetent and never correctly invoking the jurisdiction of the court docket for the reason that Minister didn’t commit any illegality in terminating the candidates’ rights and in transferring the identical to Heath Goldfields Ltd.

    Her Ladyship Justice Yaa Onyameye Gyakobo upon listening to all authorized arguments, dismissed the appliance as incompetent for failing to correctly invoke the judicial evaluate jurisdiction of the Courtroom.

    Studies present that that is the third defeat for Blue Gold and FGR after earlier complaints for investigations by FGR to the Financial and Organised Crime Workplace (EOCO) and Nationwide Safety to reverse the switch of the mineral proper to Heath Goldfields Ltd. have been discontinued and dismissed as unmeritorious.

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