Engineers & Planners (E&P), together with its subsidiary Azumah Resources Ghana Ltd, has signed a $37.5 million procurement agreement with Danish mining technology giant FLSmidth (FLS) to fast-track the development of the Black Volta and Sankofa gold concessions.
The agreement covers a range of critical long-lead equipment — including crushers, mills, processing systems, and technical support packages — which typically take up to a year to manufacture.
The arrangement is expected to significantly shorten E&P’s development timeline as the company moves toward full-scale gold production.
Addressing journalists after the signing ceremony, Noel Addo, Director of Azumah Resources, described the agreement as a strategic step to keep the project on schedule.
“These items will take close to forty-six weeks to manufacture, so we need to pay for them now, while we start getting the other items as well, so that is the essence of today’s ceremony. FLS is well known in the mining industry — their presence alone gives us so much leverage.”
For his part, Alistair Mackay, FLS Vice President for Capital Sales in Europe, Arabia, and Africa, said the company is focused on delivering advanced technology to enhance efficiency and output.
“The signing today is really around the long lease items so there’s going to be a lot of equipment. We will expect to install the detail early next year and anticipate that six months from now we will see construction.”
The new procurement contract follows E&P’s $100 million settlement in October 2025 to fully acquire the Black Volta and Sankofa concessions from former foreign shareholders of Azumah Resources Ghana Ltd — a resolution that ended months of ownership disputes and paved the way for accelerated development.
What the deal includes
Under the agreement, FLS will supply a suite of long-lead processing and mining equipment, including:
- Gyratory and Raptor cone crushers
- SAG and ball mills
- Pre-leach thickener
- Screens and apron feeders
- KREBS cyclones and pumps
- Absorption, desorption, refining, and detox systems
FLS will also provide engineering support, site installation, commissioning, training, and a performance guarantee for the processing plant. Delivery is scheduled for 2026, ahead of the planned mine start-up in 2027.