MDM Engineering Group Ltd MDM awarded Sibanye CIL installation plant (0994F)
April 22 2014 - 2:02AM
UK Regulatory
TIDMMDM
RNS Number : 0994F
MDM Engineering Group Ltd
22 April 2014
MDM Engineering Group Limited
("MDM" or the "Company")
MDM receives order to execute Sibanye Gold's Driefontein DP2 CIL
Circuit Installation Plant
MDM Engineering Group Limited (AIM: MDM), the minerals process
and project management company focused on the mining industry, is
pleased to advise that it has been awarded the engineering design,
procurement, construction and project management ("EPCM") contract
for the execution of Sibanye Gold Limited's ("Sibanye Gold")
Driefontein number 2 metallurgical plant ("DP2") gold project.
Sibanye Gold is a proudly South African gold mining company with
three principal operations, namely Kloof and Driefontein in the
west Witwatersrand region and Beatrix in the Free State. Sibanye
Gold is the largest producer of gold from South Africa and amongst
the top ten largest gold producers globally.
The scope of work for the DP2 project includes the EPCM of an
180,000 tonnes per month true Carbon-In-Leach plant that can be
expanded with a duplicate plant to 300,000 tonnes per month in
future. The project is scheduled for completion in the last quarter
of 2014.
John Edwards, MDM Principal Process Engineer said:
"MDM are pleased to be working with Sibanye Gold on yet another
one of their projects. This is MDM's 12(th) gold project in South
Africa and 33(rd) gold project overall."
Enquiries:
MDM Engineering Group Limited Tel: +27 11 993-4300
Martin Smith (CEO)
George Bennett (Executive Director)
Canaccord Genuity Limited Tel: +44 (0) 207 523 8000
NOMAD and Broker
Neil Elliot
Chris Fincken
Joe Weaving
Tavistock Communications Tel: +44 (0) 207 920 3150
Financial Public Relations and
Investor Relations
Emily Fenton
Jos Simson
KEY INFORMATION:
MDM:
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.
The MDM Engineering core technical team has a 25 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, and Construction
Management "EPCM" or "cost-plus" basis and on a Engineering,
Procurement and Construct (EPC) 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.
www.mdm-engineering.com
SIBANYE GOLD LIMITED:
Sibanye Gold Limited ("Sibanye Gold"), owns the Kloof,
Driefontein and Beatrix gold which are forecast to produce a
combined 1.42 million ounces of gold in 2013, making Sibanye Gold
the largest producer of gold from South Africa and amongst the top
ten largest gold producers globally.
Sibanye Gold is domiciled in South Africa with its primary
listing of shares on the JSE and a secondary listing of American
depository receipts on the NYSE.
www.sibanyegold.co.za
This information is provided by RNS
The company news service from the London Stock Exchange
END
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