The Ministry of Lands and Natural Resources has approved the recommendation of its Tender Committee to grant the Damang Mining Lease to Engineers and Planners Ltd (E&P), following a competitive tender process that attracted four bidders.
The Ministry in a statement released on Tuesday, April 7,2026 disclosed that the four companies that submitted their bids by the 16:00 GMT deadline on Tuesday, 31st March 2026, were Vortex Resources Mining Group, Engineers and Planners Ltd, Heath Goldfields Ltd, and Maripoma Mining Services Ltd with all tenders being assessed under the guidelines issued by the Minister in accordance with Regulation 258(4) of LI 2176.
The statement also stated that per the mandatory requirements spelt out in Phase 1, Annexure C of the Notice, only Engineers and Planners Ltd and Heath Goldfields Ltd met the mandatory requirement with Maripoma Mining Services Ltd and Vortex Resources Mining Group being disqualified for failing to submit the required documents.
The mandatory requirements included proof of wholly owned Ghanaian registered company with registration documents indicating current directors, shareholdings and beneficial ownership; valid tax clearance certificate; valid SSNIT clearance certificate; valid VAT clearance certificate; valid certificate of incorporation; and payment of the application fee of GHS100,000.00.
The Ministry also added that from there,pursuant to Regulation 260(7) of LI 2176, the two responsive tenders were submitted to the Tender Committee for technical and financial evaluation with Heath Goldfields Ltd, failing to achieve the minimum qualifying score of 80%.
E&P’s however according to the Tender Committee “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 Tender Committee also added that E&P “attained the highest evaluated score” and “demonstrated the highest capability to operate the Damang mine, substantiated by their submission of the most viable tender.”
The Ministry went ahead to commend the Commission, particularly members of the Tender Committee, for their dedication to the assignment, and reiterated Government’s commitment to the Damang Mine’s continued contribution to Ghana’s economy.
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