GR Engineering wins AngloGold work

GR Engineering Services has won a $31 million engineering, procurement and construction contract for upgrades to processing facilities at AngloGold Ashanti’s Sunrise Dam gold mine south of Laverton.

GR Engineering will design and construct a new flotation and ultra-fine grind processing facility, with associated services upgrades to operate within existing infrastructure that is already operating at the mine.

Work under the contract will begin immediately, with completion expected in June next year.

“We are extremely pleased to be working with AngloGold Ashanti, a top tier global gold producer,” GR Engineering managing director Geoff Jones said.

“GR Engineering looks forward to making a positive contribution to the 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.”

Last week, GR Engineering told the market it expected revenue and earnings for FY17 to be lower than previously thought, after expected income from some projects were deferred until next year.

Shares in GR Engineering were 0.6 per cent lower to $1.45 each at 10am.