Blue Gold Secures $65 Million Institutional Loan to Restart Bogoso and Prestea Mine

Reuters

Nov 05

Blue Gold Secures $65 Million Institutional Loan to Restart Bogoso and Prestea Mine

Blue Gold Limited has secured an additional $65 million in committed funding from a new institutional investor, structured as a secured loan to finance the restart of the 5.1 million ounce Bogoso and Prestea gold mine in Ghana. This brings the total committed capital for the project to $140 million, including a previously undrawn $75 million Equity Line of Credit. The funds, currently held in escrow, are designated exclusively for the mine's restart and are contingent on resolving a lease dispute with the Government of Ghana. The financing aligns with Blue Gold's broader strategy to tokenize its gold production and launch a global, gold-backed digital currency.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Blue Gold Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9568884-en) on November 05, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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This brings the total committed capital for the project to $140 million, including a previously undrawn $75 million Equity Line of Credit. The funds, currently held in escrow, are designated exclusively for the mine's restart and are contingent on resolving a lease dispute with the Government of Ghana. The financing aligns with Blue Gold's broader strategy to tokenize its gold production and launch a global, gold-backed digital currency.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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ID: GNW9568884-en) on November 05, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251105:nNDL3Y0zm4:1","article_id":"2581218407","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2581218407","pubTimestamp":1762344063,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Blue Gold Limited has secured an additional $65 million in committed funding from a new institutional investor, structured as a secured loan to finance the restart of the 5.1 million ounce Bogoso and Prestea gold mine in Ghana. 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This brings the total committed capital for the project to $140 million, including a previously undrawn $75 million Equity Line of Credit. The funds, currently held in escrow, are designated exclusively for the mine's restart and are contingent on resolving a lease dispute with the Government of Ghana. The financing aligns with Blue Gold's broader strategy to tokenize its gold production and launch a global, gold-backed digital currency.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Blue Gold Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9568884-en) on November 05, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}