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:: Award of $16 million EPC Contract to Carosue Dam Tertiary Crushing Project
GR Engineering Services Limited is pleased to advise that it has been issued with a notice of contract award by Saracen Mineral Holdings Limited in relation to the engineering, procurement and construction (EPC) contract for the Carosue Dam Tertiary Crushing Project near Kalgoorlie in Western Australia.
The contract price is approximately $16 million, with formal award being subject to the preparation and execution of formal contract documentation which is expected in the next 4 weeks. The contract price has been determined on a lump sum basis and GR Engineering will commence design work immediately with project completion scheduled in December quarter, 2013. This project represents a key component of Saracen's development plan to expand the Carosue Dam Process Plant throughput capacity to 3.2 Mtpa.
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