… The takeover of the Damang Mine by Engineers & Planners (E&P) and the intervention of Heath Goldfields in reviving the struggling Bogoso-Prestea Mine have reignited discussions about the future of mining in Ghana. …
… The takeover of the Damang Mine by Engineers & Planners (E&P) and the intervention of Heath Goldfields in reviving the struggling Bogoso-Prestea Mine have reignited discussions about the future of mining in Ghana. …
… Speaking on Joy News’ PM Express on Monday, Mr Kwakye Ofosu said the President recused himself from Cabinet deliberations because of the involvement of Engineers & Planners, a company linked to his brother, Ibrahim Mahama. …
… Speaking on PM Express on Monday, the Abura Asebu-Kwamankese MP rejected claims that President John Mahama influenced the process in favour of Engineers & Planners (E&P), a company linked to the President’s brother, Ibrahim Mahama. …
… The IEA also highlighted the growing role of indigenous mining companies such as Engineers & Planners and Rocksure International in executing major mining operations in the country. …
… It pointed to the growing role of Ghanaian mining professionals and indigenous mining contractors, such as Engineers & Planners and Rocksure International, in large-scale mining operations across the country, including at Tarkwa Mine itself. …
… The Ibrahim Mahama Intervention The turning point in Asamoah’s life came during a meeting with Ibrahim Mahama, the Chief Executive of Engineers & Planners. …
… He was specifically asked whether the President’s decision to step aside pointed to a possible conflict of interest in the process that led to the award involving Engineers & Planners. …
The recent transfer of the Damang mining concession to Engineers & Planners (E&P) has ignited a necessary national conversation—one that sits at the intersection of law, governance, and economic justice. …
Ghana's mining industry is undergoing a transformation toward increased Ghanaian participation and ownership, with indigenous companies demonstrating the expertise and financial capacity to manage major mining assets. Recent examples include Engineers & Planners' acquisition of Damang Mine and Heath Goldfields' intervention at Bogoso-Prestea Mine, along with Heath Goldfields' launch of a US$20 million Five-Year Community Development Plan.
Ghana's mining industry is undergoing a transformation toward increased Ghanaian participation and ownership, with indigenous companies demonstrating the expertise and financial capacity to manage major mining assets. Recent examples include Engineers & Planners' acquisition of Damang Mine and Heath Goldfields' intervention at Bogoso-Prestea Mine, along with Heath Goldfields' launch of a US$20 million Five-Year Community Development Plan.
Ghana's mining industry is undergoing a transformation toward greater Ghanaian participation and ownership, with examples including Engineers & Planners' acquisition of Damang Mine and Heath Goldfields' intervention at Bogoso-Prestea Mine. Heath Goldfields has launched a Five-Year Community Development Plan valued at US$20 million.
Government spokesperson Felix Kwakye Ofosu defended President Mahama's decision to stay away from Cabinet deliberations on the Damang Mine lease process, saying he recused himself because of his brother's involvement with Engineers & Planners. Kwakye Ofosu rejected claims that the President orchestrated a takeover of the mine for his brother, stating the Cabinet insisted on a competitive process rather than directly awarding the concession.
Government spokesperson Felix Kwakye Ofosu revealed that Cabinet forced a competitive bidding process for the Damang Mine concession after rigorous debate, and rejected claims that President Mahama influenced the process in favour of Engineers & Planners, stating the President recused himself from Cabinet discussions to avoid conflict of interest because of his brother Ibrahim's connection to the company.
The Institute of Economic Affairs has called on government to reject Gold Fields Ghana's request to extend its mining lease for the Tarkwa Mine, arguing that Ghana should take strategic control of the asset when the current lease expires in April 2027. The IEA contends that Ghana now has the capacity to manage the mine in its national interest and that renewing the lease would undermine the country's long-term economic and strategic goals.
The Institute of Economic Affairs has called on the government to reject Gold Fields' application for a 20-year lease extension of the Tarkwa Mine, arguing Ghana should reclaim ownership of the asset. The Ghana Chamber of Mines, however, warned that public pressure over the renewal risks damaging legal certainty and Ghana's reputation as a mining investment destination.
Emmanuel Asamoah, a nail technician who survived xenophobic attacks in South Africa and was repatriated to Ghana, has launched a cement distribution and hardware business with the backing of business mogul Ibrahim Mahama. The venture represents a transition from displacement to entrepreneurship and fulfills a pledge to rehabilitate the victim and demonstrate economic potential for returning Ghanaians.
Anti-corruption campaigner Edem Senanu defended President Mahama's decision to recuse himself from cabinet deliberations on the Damang Mine issue involving his brother's company, saying the action demonstrated adherence to constitutional requirements on conflict of interest. Senanu noted he had not been convinced of an actual conflict of interest, distinguishing between perceived, potential, and actual forms of conflict.
E&P will sell 100 per cent of its first gold production to GoldBod, a move CEO Sammy Gyamfi says vindicates the company's successful bid for the Damang Gold Mine against earlier criticism and demonstrates E&P's commitment to national development and local partnerships.
Mining company E&P has sold 100 per cent of its first gold output to GoldBod in a move its legal representative says aims to support Ghana's economy, strengthen gold reserves, and stabilise the local currency. The company's legal rep called on other miners to emulate this "patriotic commitment to national development."
Joy Online examines the transfer of the Damang mining concession to Engineers & Planners, arguing that while Ghana's legal authority over mineral resources is clear and local ownership in mining is defensible policy, questions remain about whether the decision represents legitimate exercise of statutory authority or risks being perceived as bad-faith governance.