Award of Sunrise Dam Recovery Enhancement Project EPC Contract

Company News

GR Engineering Services Limited (ASX:GNG) (GR Engineering) is pleased to announce that it has been awarded an engineering, procurement and construction (EPC) contract (Contract) with AngloGold Ashanti Australia Limited (AngloGold Ashanti) to undertake the design and construction of a brownfields upgrade to processing facilities at the Sunrise Dam Gold Mine, located 55km south of Laverton in Western Australia.

Under the Contract, GR Engineering will design and construct a new flotation and ultra-fine grind processing facility with associated services upgrades to operate within the existing processing infrastructure that is currently in operation at Sunrise Dam.

The Contract price is approximately $31.3 million.  Work under the Contract is scheduled to start immediately, with completion scheduled for June 2018.

Commenting on the entry into the Contract, GR Engineering's Managing Director, Geoff Jones, said:

"We are extremely pleased to be working with AngloGold Ashanti, a top tier global gold producer.  GR Engineering looks forward to making a positive contribution to th Sunrise Dam Gold Mine which has been in operation for more than 20 years, through the safe and successful delivery of this accretive brownfields project."