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E&P to invest $1.2bn in Tarkwa and Damang mines, sends 30 heavy-duty trucks to site
March 23, 2026
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E&P to invest $1.2bn in Tarkwa and Damang mines, sends 30 heavy-duty trucks to site

Money
Opportunity
Growth

Key Points

  • Engineers & Planners Co. Ltd (E&P) plans a $1.2 billion investment into its operations.
  • The investment targets the Tarkwa and Damang mines to expand capacity and strengthen production.
  • Thirty semi-knockdown Caterpillar 785D dump trucks have been dispatched to Tarkwa as part of this upgrade.
  • This new investment follows a previous commitment of $650 million in 2018 for the same mines.
  • It reflects E&P's continued focus on growth and operational excellence in Ghana’s gold mining sector.

Why This Matters

This significant investment by E&P highlights continued confidence and growth in Ghana's vital gold mining sector, a major contributor to the country's GDP and export earnings. It is likely to create direct and indirect job opportunities, boost local economies around the mines, and increase government revenues through taxes and royalties, reinforcing Ghana's position as a leading mining destination.

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