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Government selects E&P as successful bidder for Damang Mine

 Damang Mine  The sector minister, Emmanuel Armah-Kofi Buah (L), has approved the recommendation

Tue, 7 Apr 2026 Source: www.ghanaweb.com

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

The announcement follows the receipt of the Tender Committee’s report by the Ministry of Lands and Natural Resources on April 7, 2026.

The Committee, established under Regulation 261 of the Minerals and Mining (Licensing) Regulations, 2012 (LI 2176), recommended E&P as the successful bidder.

The sector minister, Emmanuel Armah-Kofi Buah, has approved the recommendation and directed the Commission to take all necessary regulatory steps to implement the award.

Engineers & Planners emerge top bidder for Damang Mine - Tender Committee

In its report, the Tender Committee stated that E&P’s bid "satisfied all mandatory requirements set out in the Notice and provided documentary evidence of access to financing, meeting the USD 500 million minimum threshold. The tender documentation indicates that the Company possesses experience and knowledge relevant to the operations; infrastructure, and geology of the Damang Mine and submitted proposals for the development of same, including measures intended to extend the life of mine beyond ten (10) years."

The Committee further noted, "On the basis of the applicable evaluation criteria and scoring, the tender submitted by Engineers and Planners Ltd attained the highest evaluated score. In summary, the Company demonstrated the highest capability to operate the Damang mine, substantiated by their submission of the most viable tender."

A total of four companies submitted tenders by the March 31, 2026 deadline. All submissions were evaluated based on the guidelines issued by the Minister in accordance with Regulation 258(4) of LI 2176.

The companies were:

• Vortex Resources Mining Group

• Engineers and Planners Ltd

• Heath Goldfields Ltd

• Maripoma Mining Services Ltd

After verification, only E&P and Heath Goldfields Ltd met the mandatory requirements, while Vortex Resources and Maripoma were disqualified for failing to submit the required documentation.

Following technical evaluation, Heath Goldfields Ltd failed to achieve the minimum qualifying score of 80 percent, and its financial proposal was not considered, in accordance with the tender guidelines.

The Ministry commended the Minerals Commission and the Tender Committee for their dedication to this national assignment and reaffirmed the government’s commitment to the Damang Mine’s role in Ghana’s economy.

See the full statement below:





MA
Source: www.ghanaweb.com
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