E&P PLANS $1.2 BILLION INVESTMENT IN DAMANG AND TARKWA MINES; DISPATCHES 30 HEAVY-DUTY EQUIPMENT TO SITE
Engineers & Planners Co. Ltd is planning to invest approximately $1.2 billion into its Tarkwa and Damang mines.
As part of efforts to strengthen operations and expand capacity, the indigenous mining firm has dispatched thirty (30) semi-knockdown Caterpillar 785D dump truck units to its operational base in Tarkwa.
E&P's investment in heavy-duty mining equipment dates back to 2002. In 2018, the company committed an estimated $650 million to its operations in Tarkwa and Damang Mine, with plans to further invest around $1.2 billion in Tarkwa and Damang Mines.
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