The fleet of mining equipment
Heath Goldfields Limited has announced plans to inject $135 million in its first year of operations, with the arrival of a $35 million state-of-the-art mining fleet.
This marks a major step in the revival of the Bogoso–Prestea Gold Mine.
The fleet, comprising Komatsu 785 haul trucks, excavators, dozers and loaders, has been deployed through a strategic partnership with Fridoug Company Limited, a Ghanaian local contractor.
The move underscores the company’s strong commitment to local content and participation in the mining value chain.
Management indicated that the arrival of the equipment forms a critical part of a broader, phased investment strategy aimed at investing $500 million over a ten-year period.
According to management, the initiative will restore the mine to sustainable production, improve operational efficiency, and ensure safe and reliable mining activities.
“This development reflects our readiness to make the necessary investments to reposition Bogoso–Prestea as a modern, competitive and sustainable mining operation,” the company noted.
Beyond operational gains, the collaboration with Fridoug is expected to drive job creation, enhance skills development and stimulate economic activity within host communities.
Industry analysts say the scale of the planned investment signals renewed confidence in the mine’s recovery prospects and highlights the growing role of Ghanaian contractors in large-scale mining operations.
Heath Goldfields reaffirmed its commitment to responsible and sustainable mining.
It has also emphasised its focus on delivering long-term value to stakeholders while contributing meaningfully to Ghana’s gold production.
From Emmanuel Opoku, Takoradi