E&P of Ghana Wins Bid to Run Damang Mine After Gold Fields Exit

Engineers and Planners Co., a closely held company headed by the brother of Ghana’s president, won a bid to take over the Damang gold mine after Gold Fields Ltd.’s transfers the asset to the government.

E&P beat three other bidders — Vortex Resources Mining Group, Maripoma Mining Services Ltd. and Heath Goldfields Ltd. — after they failed to meet all the criteria in an official tender, the Ministry of Lands and Natural Resources said in a statement published on its website.