METS

Lycopodium in frame for Africa project

Australian engineering house Lycopodium has received a notice of award for the engineering and supply of the Yaoure gold project on the Ivory Coast, Africa.

Besides Sissingue and Yaoure in the Ivory Coast, Perseus also has Edikan in Ghana

Besides Sissingue and Yaoure in the Ivory Coast, Perseus also has Edikan in Ghana

The mine is being developed by ASX-listed gold miner Perseus Mining.

Lycopodium has already delivered Perseus' Sissingue gold project - also on the Ivory Coast - and completed the definitive feasibility study for Yaoure.

Final award of the contract is subject to the finalisation of the formal contract documentation, full project funding being secured and Perseus getting its exploitation permit.

Should those all come to pass, Lycopodium expects to get US$95.1 (A$132) million revenue from the contract.

Besides Yaoure and Sissingue, Perseus also has the Edikan mine in Ghana, Africa.

 

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