Lycopodium close to $64m Newmont deal
You have no credits left. To view this article subscribe to Business News.
You have used {{points}} and have {{current_points}} remaining. Your credits will reset on {{reset_date}}.
This article is part of a special report and is available to paid Business News subscribers only.
You can purchase access to this special report or subscribe to Business News.
You can purchase access to this special report or subscribe to Business News.
This article is premium content and is available to paid Business News subscribers only.
Subscribe to Business News.
Subscribe to Business News.
Thursday, 2 December, 2010 - 10:37
East Perth-based Lycopodium has taken a step towards winning a $64 million contract to develop Newmont Mining's Akyem project in West Africa.
In a statement to the Australian Securities Exchange, Lycopodium said it has received a Limited Notice to Proceed from Newmont.
Newmont's board is expected to make a final decision on the contract in the coming month.
"Lycopodium will provide engineering, procurement, project and construction management services for the greenfield treatment plant and infrastructure development," the statement said.
Lycopodium recently completed its portion of the Stage Gate 4 Study for the project.
The engineering contractor previously provided EPCM services to Newmont for their Ahafo Project in Ghana.
Companies: