RNS Number : 2902V
MDM Engineering Group Ltd
08 July 2009
8th July, 2009
MDM Engineering Group Ltd
'MDM' or 'MDM Engineering'
Notice of Award for MWS Phase 2
Following the completion of the cost budget estimate (CBE) awarded to MDM Engineering (AIM: MDM) by First Uranium Corporation's (FIU), for Phase 2 of the Mine Waste Solutions (MWS) Gold and Uranium Project, MDM is pleased to announce that it has received a notice of award to immediately proceed with the Phase 2 of FIU's MWS Gold Project.
Phase 2 will incorporate another 650 000 tpm module for a tailings treatment and reclaim plant. This module will compliment the existing 1.28 million tpm module currently under construction by MDM.
George Bennett, MDM Engineering Executive Director commented:
'MDM is pleased to have been given the notice of award to fast track Phase 2 of the MWS gold project and to proceed with the execution phase of the contract after completion of the CBE.'
MDM Engineering Group Limited
Grant Lowman/George Bennett Tel: +27 11 993-4300
Numis Securities Limited
John Harrison (Nominated Adviser) Tel: +44 (0) 20 7260 1000
James Black (Corporate Broker)
Pelham Public Relations
Candice Sgroi Tel: +44 020 7337 1533/07894 462 114
James MacFarlane Tel: +44 020 7337 1527
KEY INFORMATION
MDM Engineering Group Limited is a minerals process and project management company focused on the mining industry. The Company provides a wide range of services from preliminary and final feasibility studies, through to plant design, construction and commissioning. To date, the Company's clients have largely been junior and mid-tier mining corporations with operations in Africa.
In May 2008, the Company successfully listed on the AIM market of the London Stock Exchange. The MDM Engineering core technical team has a 20 year track record of completing a wide range of studies and execution projects across a variety of minerals, including precious metals, base metals, ferrous and non-ferrous metals, uranium and diamonds.
The Company has adopted an approach to project execution based on an open-book Engineering, Procurement, Construction Management ('EPCM' or 'cost-plus') basis. With a core focus on Africa, MDM Engineering is setting the benchmark standard for best practice in the mining services industry through its commitment to providing the highest quality services and actively engaging with clients to ensure maximum transparency.
This information is provided by RNS
The company news service from the London Stock Exchange
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