Engineers & Planners Acquires Azumah Resources Ghana and Upwest Resources

Mahama’s E&P acquires Black Volta, Sankofa gold projects

Ghanaian tycoon Ibrahim Mahama has strengthened his standing in the country’s mining sector after his firm, Engineers & Planners Ltd., completed the takeover of the Black Volta and Sankofa gold projects. The acquisition followed the transfer of all issued shares from Azumah Resources Ghana Ltd. and Upwest Resources Ltd., according to filings with Ghana’s Registrar of Companies. The projects, which hold sizable reserves, had long been stalled by …

Engineers & Planners Dismisses Political Links in Azumah Resources Acquisition

Mining firm Engineers & Planners (E&P) has rejected claims that its acquisition of Azumah Resources Ghana Ltd and Upwest Resources Ghana Ltd is politically motivated, citing the relationship between its CEO, Ibrahim Mahama, and his brother, President John Dramani Mahama. The company emphasized that merit and independence from any political influence have driven its business growth since its founding in 1997. E&P is currently one of Africa’s larg…

Azumah Resources denies E&P takeover claims - Ghana Weekend

Azumah Resources Ghana Limited has denied recent reports alleging that Engineers & Planners (E&P) has taken control of its key mining projects, the Black Volta and Sankofa Gold Projects. This comes on the back of an earlier report that indigenous mining firm Engineers & Planners (E&P) acquired Azumah Resources Ghana Ltd and Upwest Resources Ghana Ltd, taking full control of the long-stalled Black Volta and Sankofa gold concessions in the Upper W…

Azumah Ghana Denies False Reports of E&P Takeover of Black Volta and Sankofa Projects

Azumah Resources Ghana Limited has today categorically denied reports claiming that Engineers & Planners (E&P) has completed the acquisition of Azumah Ghana and Upwest Resources Ghana and …

Ibrahim Mahama’s E&P officially takes over Black Volta and Sankofa Gold projects - Live Ghana TV

Engineers & Planners Company Ltd (E&P), owned by Ghanaian business magnate Ibrahim Mahama, has officially taken over the Black Volta and Sankofa Gold Projects following the successful transfer of all issued shares from Azumah Resources Ghana Ltd and Upwest Resources Ltd. The landmark transaction, duly registered at the Registrar of Companies, marks a turning point in the future of these highly promising concessions. After years of stalled devel…

Engineers & Planners acquires Azumah Resources Ghana and Upwest Resources

Engineers & Planners Company Ltd (E&P) has announced the completion of the acquisition of Azumah Resources Ghana Ltd and Upwest Resources Ltd. The company explained that the acquisition was finalised after a share transfer agreement with the Ghanaian Beneficial Owner, and the process had been duly registered with the Registrar of Companies with prior approval from the Minerals Commission. According to E&P, the deal formally placed the Black Volt…