Blue Gold Clarifies Position of Ghana Supreme Court Ruling
Blue Gold (Nasdaq: BGL) clarified a Nov 18, 2025 Supreme Court of Ghana ruling related to the Bogoso-Prestea Mine.
The Supreme Court dismissed an order for certiorari filed by FGR and Blue Gold Bogoso Prestea, ruling on a procedural question about High Court jurisdiction rather than on the merits. The Court of Appeal will still consider the jurisdictional question; if Blue Gold succeeds there, the High Court would decide the original judicial review on its merits.
Blue Gold has another Judicial Review appeal pending at the Court of Appeal, and a Human Rights claim plus an injunction hearing set for Dec 18, 2025. Separately, an international arbitration under the UK–Ghana bilateral investment treaty seeks damages estimated to be substantially in excess of $1bn. The company says it prefers a negotiated settlement and has set aside funds to reinvest in the mine if an agreement is reached.
Blue Gold (Nasdaq: BGL) ha chiarito una sentenza della Corte Suprema del Ghana del 18 novembre 2025 relativa alla miniera Bogoso-Prestea.
La Corte Suprema ha respinto un ordine di certiorari presentato da FGR e Blue Gold Bogoso Prestea, decidendo su una questione procedurale riguardante la giurisdizione del Tribunale Superiore piuttosto che sul merito. La Corte d’Appello esaminerà comunque la questione di giurisdizione; se Blue Gold avrà successo lì, il Tribunale Superiore deciderà sul merito della revisione giudiziaria originale.
Blue Gold ha un altro ricorso per revisione giudiziaria pendente davanti alla Corte d’Appello, e una domanda sui diritti umani oltre a un’udienza per un’ingiunzione fissata per 18 dicembre 2025. Separatamente, un arbitrato internazionale ai sensi del trattato bilaterale di investimenti tra Regno Unito e Ghana mira a danni stimati ben superiori a 1 miliardo di dollari. L’azienda dice di preferire una soluzione negoziata e ha stanziato fondi per reinvestire nella miniera qualora venga raggiunto un accordo.
Blue Gold (Nasdaq: BGL) aclaró una sentencia del Tribunal Supremo de Ghana del 18 de noviembre de 2025 relacionada con la Mina Bogoso-Prestea.
El Tribunal Supremo desestimó una orden de certiorari presentada por FGR y Blue Gold Bogoso Prestea, pronunciándose sobre una cuestión procesal relativa a la jurisdicción del Tribunal Superior en lugar de sobre el mérito. La Corte de Apelación aún considerará la cuestión de jurisdicción; si Blue Gold tiene éxito allí, el Tribunal Superior decidiría el fondo de la revisión judicial original.
Blue Gold tiene otra apelación de Revisión Judicial pendiente ante la Corte de Apelación, y una reclamación de Derechos Humanos más una audiencia de injunction programada para el 18 de diciembre de 2025. Por separado, un arbitraje internacional bajo el tratado bilateral de inversión Reino Unido-Ghana busca daños estimados que superan con mucho 1.000 millones de dólares. La empresa dice que prefiere una solución negociada y ha reservado fondos para reinvertir en la mina si se llega a un acuerdo.
Blue Gold (나스닥: BGL)는 2025년 11월 18일 가나 대법원 판결과 관련해 Bogoso-Prestea 광산에 대해 설명했습니다.
대법원은 FGR 및 Blue Gold Bogoso Prestea가 제기한 certiorari 명령을 기각했고, 본질이 아닌 고등 법원의 관할에 관한 절차적 쟁점을 다뤘습니다. 항소법원은 여전히 관할권 쟁점을 심리할 예정이며, Blue Gold가 그곳에서 성공하면 원심의 사안에 대해 고등법원이 원래의 사법 심사를 결정하게 됩니다.
Blue Gold는 항소법원에서 또 다른 재심 청구를 보류 중이며, 인권 청구 및 2025년 12월 18일로 예정된 금지 가처분 심리도 있습니다. 별도로 UK–가나 양자 투자협정에 따른 국제 중재가 제기되어 손해배상액이 10억 달러를 훨씬 넘는 수준으로 추정됩니다. 회사는 합의 협상을 선호하며 합의가 이뤄지면 광산에 재투자하기 위해 자금을 확보해 두었다고 밝혔습니다.
Blue Gold (NASDAQ : BGL) a clarifié une décision de la Cour suprême du Ghana du 18 novembre 2025 relative à la mine Bogoso-Prestea.
La Cour suprême a rejeté une ordonnance de certiorari déposée par FGR et Blue Gold Bogoso Prestea, en se prononçant sur une question procédurale concernant la compétence du tribunal supérieur plutôt que sur le fond. La Cour d’appel examinera toujours la question de compétence; si Blue Gold l’emporte là-bas, le Tribunal supérieur statuera sur le fond de la révision judiciaire initiale.
Blue Gold a une autre contestation en révision judiciaire pendante à la Cour d’appel, ainsi qu’une réclamation sur les droits de l’homme et une audience sur une injonction prévue pour le 18 décembre 2025. Par ailleurs, un arbitrage international sous le traité bilatéral d’investissement Royaume-Uni–Ghana vise des dommages évalués bien au-delà de 1 milliard de dollars. L’entreprise indique préférer un règlement négocié et a mis de côté des fonds pour réinvestir dans la mine si un accord est trouvé.
Blue Gold (Nasdaq: BGL) klärte eine Entscheidung des Obersten Gerichtshofs von Ghana vom 18. November 2025 in Bezug auf die Bogoso-Prestea-Mine.
Der Oberste Gerichtshof hat einen Certiorari-Befehl von FGR und Blue Gold Bogoso Prestea abgewiesen und dabei eine verfahrensrechtliche Frage zur Zuständigkeit des High Court behandelt statt zur Sache. Das Court of Appeal wird die Zuständigkeitsfrage weiterhin prüfen; wenn Blue Gold dort Erfolg hat, würde der High Court die ursprüngliche gerichtliche Prüfung in der Sache entscheiden.
Blue Gold hat vor dem Court of Appeal eine weitere Revisionsklage anhängig, sowie eine Menschenrechtsklage und eine Anhörung zu einer Einstweiligen Verfügung für den 18. Dezember 2025. Separat wird ein internationales Schiedsverfahren unter dem UK–Ghana Bilateral Investment Treaty auf Schadenersatz in deutlich vier- bis sechsstelliger Höhe eingereicht. Das Unternehmen sagt, es ziehe eine einvernehmliche Einigung vor und hat Mittel vorgesehen, um in die Mine zu reinvestieren, falls eine Vereinbarung erreicht wird.
بلو جولد (ناسداك: BGL) وضّحت حكم المحكمة العليا في غانا في 18 نوفمبر 2025 والمتعلق بمنجم Bogoso-Prestea.
المحكمة العليا رفضت أمر certiorari المقدم من FGR وBlue Gold Bogoso Prestea، ثم حكمت في مسألة إجرائية تتعلق باختصاص المحكمة العليا بدلاً من الجوهر. ستنظر محكمة الاستئناف في مسألة الاختصاص؛ إذا نجحت Blue Gold هناك، ستقرر المحكمة العليا في الأساس موضوع المراجعة القضائية الأصلية.
لدى Blue Gold استئناف مراجعة قضائية آخر قيد النظر في محكمة الاستئناف، إضافة إلى دعوى حقوق الإنسان وجلسة أمر قضائي مؤقتة مقررة لـ 18 ديسمبر 2025. كما أن هناك تهدیداً بتنفيذ تحكيم دولي بموجب معاهدة الاستثمار الثنائية بين المملكة المتحدة وغانا يسعى للحصول على تعويضات تفوق 1 مليار دولار بشكل كبير. تقول الشركة إنها تفضّل تسوية تفاوضية وقد وضعت أموالاً لإعادة الاستثمار في المنجم إذا تم التوصل إلى اتفاق.
- International arbitration claim seeks damages >$1bn
- Funds set aside for immediate mine reinvestment upon settlement
- Court of Appeal will review High Court jurisdictional decision
- Supreme Court dismissed certiorari—no merits decision on original claim
- Multiple pending legal actions create ongoing operational uncertainty
- Human Rights claim and injunction hearing scheduled for Dec 18, 2025
Insights
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The company retains several live, material legal pathways: a pending Judicial Review appeal at the Court of Appeal, a Human Rights claim and injunction scheduled for
Watch for three imminent milestones: the Court of Appeal rulings on the jurisdictional appeal and the separate Judicial Review appeal, and the
The media is being deliberately misled on the meaning of the Supreme Court ruling
NEW YORK, NY, Nov. 21, 2025 (GLOBE NEWSWIRE) -- Blue Gold Limited (Nasdaq: BGL) ("Blue Gold" or the “Company”), a next-generation gold development and technology company, today addressed recent news coverage of a Supreme Court of Ghana ruling concerning the Bogoso-Prestea Mine.
On November 18, 2025, the Supreme Court of Ghana dismissed an order for certiorari filed by FGR Bogoso Prestea Ltd. (“FGR”) and Blue Gold Bogoso Prestea Ltd. (subsidiary of the Company). The recent ruling was not on the merits of Blue Gold’s claim, but rather responding to a procedural question about whether the High Court had properly denied itself jurisdiction to consider the first application for judicial review before it. Although the Supreme Court was of the view that an order of certiorari was not the appropriate remedy in the circumstances, the question will still be considered by the Court of Appeal. In the event that Blue Gold is successful at the Court of Appeal, the High Court will assume jurisdiction and determine the first application for judicial review on its merits.
The Company has a further Judicial Review appeal that is yet to be heard by the Court of Appeal, and a Human Rights claim and injunction application, which are scheduled to be heard in the High Court on December 18, 2025.
Furthermore, and distinct from the above domestic actions, an international arbitration against Ghana is underway, (under the bilateral investment treaty between the UK and Ghana), in which Blue Gold and FGR seek damages for an amount estimated to be substantially in excess of
Notwithstanding the foregoing, Blue Gold continues to prioritize an amicable, negotiated settlement with Ghana, for which it has set aside funds that could be immediately injected into the mine should an agreement be reached.
About Blue Gold Limited
Blue Gold Limited (Nasdaq: BGL) is a next-generation gold development company focused on acquiring and aggregating high-potential mining assets across strategic global jurisdictions. The Company’s mission is to unlock untapped value in the gold sector by combining disciplined resource acquisition with innovative monetization models, including asset-backed digital instruments. Blue Gold is committed to responsible development, operational transparency, and leveraging modern financial technologies to redefine how gold is produced, accessed, and owned in the 21st century.
Blue Gold prioritizes growth, sustainable development, and transparency in all our business practices. We believe that our commitment to responsible mining will enable us to create value for our shareholders while minimizing our environmental footprint.
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FAQ
What did the Nov 18, 2025 Supreme Court ruling mean for Blue Gold (BGL)?
Will the Blue Gold (BGL) judicial review be reconsidered after the Supreme Court decision?
When is Blue Gold's (BGL) Human Rights claim and injunction hearing scheduled?
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Does Blue Gold (BGL) want to settle with Ghana and can it fund mine operations?
