The Government of Ghana has confirmed Engineers and Planners Ltd (E&P) as the successful bidder for the Damang Mining Lease, following a competitive tender process supervised by the Minerals Commission.

The announcement comes after the Ministry of Lands and Natural Resources received the Tender Committee’s report on April 7, 2026. The Committee, constituted under Regulation 261 of the Minerals and Mining (Licensing) Regulations, 2012 (LI 2176), recommended E&P for the award.

Sector Minister Emmanuel Armah-Kofi Buah approved the recommendation and directed the Minerals Commission to proceed with all necessary regulatory steps to formalize the lease.

According to the Committee’s report, E&P met all mandatory requirements outlined in the tender notice and demonstrated access to financing exceeding the minimum threshold of $500 million. The company also showed strong technical expertise and familiarity with the Damang Mine’s operations, infrastructure, and geology. Its proposal included plans to extend the mine’s lifespan beyond ten years.

The Committee noted that E&P achieved the highest score based on the established evaluation criteria, describing its submission as the most viable and capable of sustaining operations at the mine.

Four companies submitted bids before the March 31, 2026 deadline: Vortex Resources Mining Group, Engineers and Planners Ltd, Heath Goldfields Ltd, and Maripoma Mining Services Ltd.

After an initial review, only E&P and Heath Goldfields Ltd met the mandatory requirements. Vortex Resources and Maripoma were disqualified for failing to provide the necessary documentation.

Heath Goldfields Ltd, however, did not meet the minimum technical score of 80 percent and was therefore excluded from the financial evaluation stage.

The Ministry commended the Minerals Commission and the Tender Committee for their work and reaffirmed its commitment to ensuring the Damang Mine continues to contribute significantly to Ghana’s economy.

See the full statement below: