Blue Gold Limited is a gold development and exploration company focused on unlocking the full potential of the historic Bogoso-Prestea mine in Ghana’s Ashanti Gold Belt — one of the world’s richest gold-producing regions. With over $500 million in historical investment and 5.1 million ounces of measured and indicated resources, the project is fully de-risked and restart-ready.
Listed on NASDAQ (BGL | BGLWW), Blue Gold combines a 100-year legacy of gold production with a modern, ESG-forward approach to mining. Their strategic vision is backed by a strong technical team, a committed cornerstone investor, and a clear path to first gold by Q4 2025.
They are not just restarting a mine, they are building a high-impact gold platform in one of Africa’s most established mining jurisdictions.
Top-Tier Asset
Strong Peer Valuations
Strong Restart Plan
NASDAQ Listing
$500M Historical Investment
Strategic Ghana Location
Q4 2025CIL Plant Commissioned
Q1 2026First Gold Poured (PUG Ore)
Q2 2026Dewatering and Tailings Preparations Completed
Q2 2026Ramp-Up to Full Production (PUG and Surface Ore)
Blue Gold’s flagship asset boasts 5.1 million ounces of M&I resources, strategically located in a Tier-1 gold belt which offers scale, and quality,
Africa offers a mining friendly jurisdiction with 2,000 years of production and a top 10 global ranking, delivering stability and growth potential for Blue Gold.
With over $500 million invested, the asset is de-risked and primed for rapid advancement, lower upfront costs, and strong investor returns.
With over 9 million ounces produced since 1912, this site has a proven gold endowment, showcasing its long-term productivity and strong potential for continued high-margin production.
Bogoso Prestea, Blue Gold’s flagship, sits in Ghana’s Ashanti Belt with over 150 million ounces of historic gold, highlighting its world class potential.
Bogoso-Prestea holds 5.1 Moz reserves, matching top Tier-1 assets, yet remains undervalued—offering strong re-rating potential.
Mining began under the British company Ariston Mining, which operated until the 1950s.
Nationalised following Ghana’s independence, then reopened to foreign companies in the 1980s.
Operated by the Canadian Bogoso Resources.
Operated by Biliton Bogoso Gold Ltd (BBGL).
Operated by Bogoso Gold Ltd (BGL).
Golden Star Resources (GSR), a Canadian
company, acquired the concession and managed operations until 2020.
Future Global Resources ("FGR") was formed and became part of the Blue International Group, with a mission to acquire and develop long-life high-quality mining assets.
July: FGR signs initial acquisition agreement to purchase the Bogoso Prestea mine from GSRI.
Final revised terms of the acquisition
are agreed upon.
Blue Gold signs a binding Business
Combination Agreement with NYSE listed blank cheque company, Perception
Capital Corp. IV.
Blue Gold acquires the Mine from FGR.
Blue Gold completes Business Combination with Perception Capital Corp IV and lists on Nasdaq.
3.7 million ounces produced in 2022.
Over 150 million ounces historically mined in the Ashanti Belt.
Strong legal protections for mining investors.
Transparent permitting and consistent governance.
Well-developed roads, power grid, and export ports.
Enables efficient, cost-effective operations.
Deep pool of experienced mining professionals.
Strong community partnerships supporting growth.
Blue Gold’s Bogoso Prestea mine lies within the Ashanti Belt, a prolific 250-kilometer greenstone corridor that has yielded tens of millions of ounces and hosts West Africa’s premier gold mines.
Surrounded by world-class producing mines: Wassa, Tarkwa, and Obuasi.
Rich geological data and proven exploration potential
10% government ownership ensures strategic alignment and local support
Strong regulatory compliance with investor-friendly mining laws
Established legal framework and infrastructure attracting top global miners.
Advancing responsible mining in partnership with local communities
Surrounded by world-class producing mines: Wassa, Tarkwa, and Obuasi.
Bogoso Prestea is the 11th largestmining resource in West Africa.
West Africa is the 2nd largest gold-producing region in the world.
5.1 million ounces at a robust 2.08 g/t Au grade
44 km² strike offering substantial exploration upside
Potential to extend mine life well beyond 18 years
Fully built CIL plan, underground complex and tailings storage facility.
Refurbishment opportunity for 3Mtpa refractory plant
400 koz/year peak capacity with full processing setup
110+ years of continuous production in Ghana’s gold belt
The Prestea project includes the development of five potential portals, each estimated to contain significant ounces.
Prestea North & South areas, Busichem East drilling, Underground growth plans all together shows tremendous growth potential.
BiOx Plant (2005–2007): ~$200M
44 km² strike offering substantial exploration upside
PUG Shaft & Infrastructure: ~$75M
CIL Plant (Current): ~$100M
Camp, Roads & Other Infrastructure: ~$50M
Underground Development: ~$25M
Operational Turnaround Since 2020: ~$60M
Operational Turnaround Since 2020: ~$60M
400 koz/year peak capacity with full processing setup
• 110+ years of continuous production in Ghana’s gold belt