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Local contractors commend Heath Goldfields’ part-payment of legacy debt

Local contractors under the Local Companies in Mining Services (LOCOMS) have commended Heath Goldfields Limited (HGL) and its Managing Director, Patrick Appiah Mensah, for making part-payment of a longstanding legacy debt owed to them, describing the move as a welcome relief for struggling businesses.

In a press release signed by LOCOMS Secretary, Imurana Salifu, on 27 August 2025, the group expressed appreciation for what it described as a “renewed commitment to trust-building and sustainable economic development.”

“We acknowledge with appreciation the part payment of the legacy debt owed to contractors (LOCOMS), while we look forward to the final and complete payment to all affected parties. This gesture not only provides much-needed relief to local businesses but also demonstrates a renewed commitment to fostering trust, strengthening partnerships and promoting sustainable economic activity in the mining catchment area,” the statement noted.

The group said the move was significant in easing financial strain on local companies, many of which have faced operational setbacks due to delayed payments.

 “We recognise that these actions, while part of an ongoing process, mark a positive turning point in relations between Heath Goldfields Limited and its stakeholders,” the contractors stated.

LOCOMS further urged the company to continue settling all outstanding liabilities while working towards the full restoration of operations at the Bogoso-Prestea Mine in the Western Region.

“It is our hope that such gestures will be sustained and expanded in the spirit of fairness, transparency and shared prosperity, while HGL takes critical measures to ensure active operation of the Bogoso-Prestea Mine without fail,” the group emphasised.

This commendation comes on the back of Heath Goldfields’ earlier payment of GHS80 million in legacy salary arrears owed to employees of the previous leaseholder, a move that was publicly lauded by the Ghana Mineworkers’ Union for its fairness and timeliness.

Despite these strides, the company faces considerable challenges. In July 2025, the Minerals Commission ordered a halt to operations at the Bogoso-Prestea Mine after citing breaches in health, safety and administrative protocols.

Heath Goldfields was given 45 days to address the violations or risk having its mining lease revoked.

Earlier this year, the Economic and Organised Crime Office (EOCO) also closed an investigation into the company’s acquisition of the mine, citing insufficient evidence of wrongdoing.

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