The Board of Directors of Azumah Resources Ghana Ltd wishes to formally announce that the company is now under new ownership and management. This follows the successful completion of negotiations and full settlement by the new shareholder, Engineers & Planners Company Limited (E&P), which has paid an amount totalling One Hundred Million United States Dollars (US $100,000,000.00) in exchange for all rights and interests in the Black Volta and Sankofa Gold Projects. This transaction represents the final phase of the equity transfer process and cements the transition of Azumah Resources Ghana Ltd into wholly Ghanaian ownership and control. With the completion of this transaction, the Board of Directors has been reconstituted to reflect the new ownership structure. All former foreign directors have formally resigned, and a new Ghanaian management team has assumed responsibility for the company’s operations and strategic direction. The Board and Management will immediately begin engagements with statutory regulators and relevant third-party entities to ensure a smooth transition in full compliance with Ghanaian law and the regulations governing the mining sector. #IbrahimMahama #EngineersAndPlanners #AzumahResources

Engineers & Planners Company Ltd (E&P) is pleased to announce that it has successfully acquired all issued shares of Azumah Resources Ghana Ltd and Upwest Resources Ltd, following a share transfer agreement with the Ghanaian Beneficial Owner. The share transfers have been registered with the Registrar of Companies, with the prior approval of the Minerals Commission, formally placing the Black Volta and Sankofa Projects under E&P's full ownership and management. This acquisition marks a landmark achievement for E&P and for Ghana's mining industry. After decades of inactivity, these projects now stand at the threshold of full-scale development under Ghanaian leadership. E&P, established in 1997 and today recognized as one of Africa's foremost mining and civil engineering companies, brings the technical expertise, financial resources, and operational experience required to unlock the full potential of the concessions...... #Mining #Ghana #IbrahimMahama #DzataCement #EngineersAndPlanners #Philanthropist

Azumah Resources Ghana Ltd and Upwest Resources Ltd (owners of the Black Volta and Sankofa Gold Projects) today confirm the successful transfer of all issued shares of the companies to Engineers & Planners Company Ltd (E&P), following the completion of an agreement with the Ghanaian Beneficial owner of the two companies. The transaction has been duly registered at the Registrar of Companies, marking a decisive step in ensuring the long-term development of these critical mining assets. The transfer of ownership follows a period of extensive negotiations and legal proceedings that underscored the complexities of international investment in Ghana's mining sector. With this successful handover of equity ownership, the way is now paved for a new phase of project development led by a Ghanaian operator with proven technical and financial capacity...... #Mining #Ghana #IbrahimMahama #DzataCement #EngineersAndPlanners #Philanthropist

1. Allegation - E&P only signed the agreement to acquire Azumah after the elections. Response - FALSE - The agreement was signed on 9th October 2023. Attached are pictures of the 9th October, 2023 signing ceremony between E&P and Azumah Resources which is a private company own by Australians and not the state.
2. Allegation - The President or Government of Ghana and its appointees influenced this acquisition or the financing of it in any way. Response – FALSE - Every single milestone in this transaction, (ie signing of agreement to acquire the project and offer letter for financing) was satisfied before the elections in December 2024.
3. Allegation - Azumah terminated the agreement in December 2024. Response – Azumah unilaterally purported to have terminated the acquisition agreement signed on 9th October 2023. This was despite E&P continuing to fund the operations. In June 2025, the court in effect rule the termination to be of no effect.
4. Allegation – The letter making rounds dissociating Azumah from the signing ceremony. Response – The signing ceremony organised on 7th July 2025, was the signing of the Acquisition facility agreement between two parties, Lender – EBID and Borrower- E&P. Despite the subject matter regarding the acquisition of Azumah, the presence of Azumah was not required. In any case, the Resident Directors of Azumah were present at the ceremony.
#Mining #Ghana #IbrahimMahama #DzataCement #EngineersAndPlanners #Philanthropist

The Story of the Acquisition of Azumah 1. The government of Ghana gave a lease to Azumah Resources Ghana Ltd in respect of a gold concession in the Upper West Region in 1992. The company is owned by an Australian company. 2. From 1992 till 2022, the company was unable to commence any significant exploration activities on the land, contrary to the terms of the lease agreement. 3. By 2022, the company was indebted to the GHANA REVENUE AUTHORITY and Minerals Commission to the tune of over $5 million. 4. The Ghana Revenue Authority had obtained a judgment in both the High Court and the Court of Appeal against the company and was going to sell the assets of the company. 5. Gold price was low and so the owners of the company wanted to sell what was left of the company and for the new owner to deal with all the risk with GRA and The Minerals Commission. 6. Additionally, the political instability in neighbouring Burkina Faso posed an elevated risk for any more investments in that sub region. 7. In May 2023, the shareholders approached E&P, offering to sell the project to E&P for $100 million 8. E&P accepted the offer and the risk, despite the value of the project being estimated at less than $80 million. 9. The Project Acquisition and Development Agreement was signed by the shareholders of Azumah and E&P on 9th October 2023 at the Roman Ridge, Accra offices of E&P. 10. Per the agreement, the $100 million was to be paid in two equal instalments of US$ 50 million on by June 2024 and June 2026..... #Mining #Ghana #IbrahimMahama #DzataCement #EngineersAndPlanners #Philanthropist

Engineers & Planners (E&P), under the leadership of CEO Ibrahim Mahama, have completed a landmark acquisition of the Black Volta Gold Project, securing 100% Ghanaian ownership of the large-scale mining asset. With this acquisition, E&P—led by businessman and philanthropist Ibrahim Mahama—ushers in a new era where Ghanaian expertise, capital, and management can drive the mining industry. This sets a powerful precedent for local empowerment and sends a clear message that Ghanaians can compete and thrive in capital-intensive industries traditionally dominated by external players. E&P’s full takeover marks a groundbreaking milestone—this is the first fully Ghanaian-owned large-scale gold mining venture, redefining Ghana’s position in the resource economy. “We have made history for Ghanaian mining,” said Ibrahim Mahama. “This is not just a personal victory or a business transaction. It is a national milestone that proves Ghanaians are capable of leading world-class ventures in mining.” Sir Sam Jonah, a seasoned mining executive, added: “This deal was sealed on merit—no shortcuts, no influence. It is a shining example of what local capacity, backed by vision and discipline, can achieve.” #Mining #Ghana #IbrahimMahama #DzataCement #EngineersAndPlanners #Philanthropist

In yet another display of remarkable compassion, Prominent Ghanaian Entrepreneur and Philanthropist Ibrahim Mahama has extended a lifeline to a young child battling a life-threatening illness. Mr Ibrahim Mahama, celebrated for his unwavering dedication to social causes, has fully borne the cost of a $70,000 medical procedure for 18-month-old Phoebe, who is suffering from acute myeloid leukaemia. The critical intervention offers the child a fighting chance at recovery. The gesture came to light through a GHOne TV report, which confirmed that Mr Ibrahim Mahama personally covered the entire cost of Phoebe’s surgery. The child’s family expressed profound gratitude for the timely assistance, which has alleviated their financial burden and provided hope in a challenging time... #IbrahimMahama #DzataCement #EngineersAndPlanners #Farmer #Philanthropist

Entrepreneur and Philanthropist, Mr Ibrahim Mahama, has extended a helping hand to Suzzy Pinamang. Suzzy is the SDA Senior High School student who sustained a gunshot injury to her eye several months ago. This act of benevolence follows a viral report by GhPage that highlighted the deteriorating condition of Suzzy’s eye and called for urgent intervention from various stakeholders. Touched by the story, Mr. Mahama, through his personal assistant Mr. Rafik Mahama has contacted the family of the young victim via GhPage Media. The businessman has since committed to covering all medical expenses—both local and international—associated with her treatment.

Business mogul and philanthropist Mr. Ibrahim Mahama has met with 13-year-old Melchizedek Adio Baafawiise, the youngest student ever admitted to the Kwame Nkrumah University of Science and Technology (KNUST). The meeting, held in Accra on Monday, February 3, 2025, brought together Melchizedek and his parents for an inspiring conversation about education, ambition, and the future of science in Ghana.

The Chief Executive Officer of Engineers & Planners Ltd and Dzata Cement Ltd, Mr. Ibrahim Mahama on Friday 22nd November, 2024, donated a brand new 35 seater bus to his alma mater, Tamale Senior High School, TAMASCO. The donation was done on behalf of Mr. Ibrahim Mahama by his Special Aide Rafik Mahama. The donation was done at a student durbar at the school premises in Tamale, where the Old Tamascan Association were fully represented.#IbrahimMahama #DzataCement #EngineersAndPlanners #Farmer #Philanthropist

Lisa, who once filled her home with laughter and light, is now battling stage 4 leukaemia, a life-threatening cancer of the blood and bone marrow. Desperation drove the family to social media, where they shared Lisa’s story in a heartfelt plea for help. The post quickly went viral, and the family’s prayers were answered when it reached the CEO of Engineers & Planners and Dzata Cement, Ibrahim Mahama. Known for his philanthropic efforts, Mr. Mahama has pledged to cover the entire cost of Lisa’s treatment, including airfare for Lisa, her mother, and auntie, as well as a medical doctor to South Africa. The full cost of the procedure is over $100,000.00 . Speedy recovery ❤‍🩹, Lisa.

Update: Chief Executive Officer of Engineers & Planners Ltd and Dzata Cement, Mr. Ibrahim Mahama yesterday instructed for the transfer of $25,000 to cater for the transplant procedure. The transfer was done and the Joy News/Joy FM team were notified with the transfer details. Rosemond Boadu and her family has been moved to Accra from the Oti Region. The transplant procedure will start in the coming days. Speedy recovery ❤‍🩹, Rosemond.

The full assembling process of the three new CAT 6040 excavator. This model of CAT 6040 is one of the biggest excavators in the world. The assembling was done by our Ghanaian engineers stationed at our Tarkwa site. Copyright Disclaimer: Please note that no copyright infringement is intended on the song 🎵. #IbrahimMahama #DzataCement #EngineersAndPlanners #Farmer #Philanthropist

Mr. Ibrahim Mahama was one of the special guest at this years mining expo in Las Vegas. Mr. Ibrahim Mahama attended the program with his team of engineers and mine experts. The expo brought together mining industry gurus and other industry stakeholders across the world. The expo ended on Thursday, 26th September, 2024.

Last Friday, Mr. Ibrahim Mahama was the Special Guest Speaker at the BFW Partner Africa Project and Mentorship session at the Accra Technical Training Centre(ATTC). BFW Partner Africa Project is a German project seeking to assist developing countries to strengthen vocational education in the construction sector.
Mr. Ibrahim Mahama advised the students to take their learning process serious because TVET students are supposed to be employers and not employees. Mr. Mahama took the students Engineers & Planners operational activities at site and also promised to give a good number of them, practical training and guidance in the mining and construction sector.

The Chief Executive Officer of Engineers & Planners Ltd, Mr Ibrahim Mahama has donated 20 TOYOTA vehicles to the Liberian police and 3 electricity power generators (1,200 KVA) to the Liberia Airport Authority in Monrovia. #E&PCANDO #catepillar #mining #liebherr #news

E&P has secured a prestigious contract in the mining sector, further solidifying our position as a premier player in the industry. With a proven track record of excellence and a commitment to innovation, we are proud to embark on this new chapter of growth and success. The recently awarded contract highlights our capabilities and underscores the trust that clients place in our ability to deliver results.

The Chief Executive Officer of Engineers & Planners and Dzata Cement, Mr. Ibrahim Mahama has fully paid for the cost of medical treatment for a gentleman by the name Bismark Narh at the Korle Bu Teaching Hospital. Mr. Ibrahim Mahama’s attention was drawn to the video and Bismark story after ZionFelix posted it on his social media platform.
Bismark has successfully gone through the first surgery procedure around the waist. The tumor has been removed. The second surgery procedure on the eye will be done this week. We thank the Doctors for working around the clock to ensure Bismark recovers fully. #IbrahimMahama #SavingLives

Ashesi University won a gold Medal at this years iGEM grand jamboree. The Ashesi team were sponsored by Engineers and planners Ltd. This is the not the first time the Africa mining giant extend sponsorship to the Ashesi University team. The company has been sponsoring the Ashesi team in recent years. iGEM envisages a future where synthetic biology, and all the power this technology holds, is developed everywhere....

The Chief Executive Officer of Engineers & Planners and Dzata Cement, Mr. Ibrahim Mahama has commenced the dredging and rechanneling of stagnant water at the disaster site at Mepe. The work involves construction of new roads in the Mepe RC-St.Kizito enclave which were terribly damaged by the floods. This was after a brief sod cutting ceremony that was done on Saturday October 28, at Mepe. This follows the donation that was done on Tuesday to support 20,000 homes with various relief items....

“I dedicated the New $6m Liberher 9400 excavator numbered EX 072 to my late mother Daavi Joyce Tamakloe” - Mr. Ibrahim Mahama
#IbrahimMahama #$6m #EngineersAndPlanners #MiningEquipment Copyright Disclaimer on the song: Please note that no copyright infringement is intended.

E&P Ex2000 Hitachi excavator + Cat777 trucks Operating well at Cardinal Resources.

Continuation of 3x7DT night movements.

Continuation of 3x7DT night movements.

Night Movements of 3X7E DT to Bolga for Projects at the Cardinal Namdini Resources.

Various equipment on road to Bolga for operations at the Cardinal Namdini Tailings and other Projects. We Move Earth and get paid by the Cubic Meter.

The Chief Executive Officer of Engineers & Planners Ghana Limited, Mr. Ibrahim Mahama has been conferred Ghana’s Mining and Engineering CEO Of The YEAR, at the 7th Ghana CEO Summit 2023 The special ceremony happened today, Monday, 22nd May, 2023 at Kempinski Gold Coast Hotel.

African mining giant, Engineers & Planners has signed a $230m Caterpillar equipment financing with the Mansour Group of Dubai and Egypt.

The CEO annually embarks on tour to various mining consections. The CEO gets all updates from various departmental heads.

Gold Fields Board Chair, Yunus Suleman, and fellow Board members visit to our #Tarkwa and #Damang mines.

Portia landed her job after successfully going through our community employment process.

Disaster relief for the people of Apiate following explosion - Provided food stuff, blankets, etc. Apiate,  Western region.