Supreme Court Ruling: The Supreme Court of Ghana dismissed a procedural order related to the Bogoso-Prestea Mine, allowing the case to be considered by the Court of Appeal, which may lead to a judicial review on its merits.
Ongoing Legal Actions: Blue Gold Limited has additional legal actions pending, including a Judicial Review appeal and a Human Rights claim scheduled for December 18, 2025, alongside an international arbitration seeking over $1 billion in damages from Ghana.
Negotiated Settlement: Despite ongoing legal disputes, Blue Gold is prioritizing an amicable settlement with Ghana and has allocated funds for immediate investment into the mine if an agreement is reached.
Company Overview: Blue Gold Limited focuses on responsible gold development and innovative financial technologies, aiming to create shareholder value while minimizing environmental impact.
Blue Gold Limited is a gold mining company focused on acquiring, developing, and optimizing long-life gold assets. Its flagship project is the Bogoso Prestea Mine in Ghana’s Ashanti Gold Belt. The Bogoso Prestea Mine is located in the Western Region of Ghana, approximately 200 kilometers (km) from the capital Accra and 50 km from the coast of the Gulf of Guinea. The Bogoso Prestea Mine includes an extensive underground mine complex, open pit mine, oxide CIL plant, tailings management facilities, and associated mine site infrastructure. The mine is classified as an exploration stage property that covers a strike length of approximately 42 km along the northern margin of the prolific Ashanti gold belt.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.