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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Mdm Engin. | LSE:MDM | London | Ordinary Share | VGG5941V1058 | COM SHS USD0.01 (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 168.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMMDM
RNS Number : 3412O
MDM Engineering Group Ltd
06 August 2014
MDM Engineering Group Limited
("MDM" or the "Company")
MDM awarded contract with MMG's Kinsevere copper mine
MDM Engineering Group Limited (AIM: MDM), the minerals process and project management company focused on the mining industry, is pleased to advise that it has been awarded a contract with MMG Limited's Kinsevere copper, located in the Katanga Province of the Democratic of Congo ("DRC").
MDM will provide specific design and detailed engineering support on a number of MMG-identified projects. The projects include process optimisation and asset utilisation improvements being carried out as part of MMG's broader operational excellence program at Kinsevere.
Chris Bushby, MDM Project Manager said:
"MDM's extensive copper and cobalt experience has enabled us to offer a high quality, cost effective solution to MMG's Kinsevere copper project. We also have an unrivalled understanding of the industry in the DRC following the execution of two copper projects and a gold project, all within the last 20 months".
Enquiries:
MDM Engineering Group Limited Tel: +27 11 993-4300 Martin Smith (CEO) George Bennett (Executive Director) Canaccord Genuity Limited Tel: +44 (0) 207 523 8000 NOMAD and Broker Neil Elliot Chris Fincken Joe Weaving Tavistock Communications Tel: +44 (0) 207 920 3150 Financial Public Relations and Investor Relations Emily Fenton Jos Simson
KEY INFORMATION:
MDM:
MDM Engineering Group Limited is a minerals process and project management company focused on the mining industry. The Company provides a wide range of services from preliminary and final feasibility studies, through to plant design, construction and commissioning. To date, the Company's clients have largely been junior and mid-tier mining corporations with operations in Africa.
The MDM Engineering core technical team has a 25 year track record of completing a wide range of studies and execution projects across a variety of minerals, including precious metals, base metals, ferrous and non-ferrous metals, uranium and diamonds.
The Company has adopted an approach to project execution based on an open-book Engineering, Procurement, and Construction Management "EPCM" or "cost-plus" basis and on a Engineering, Procurement and Construct (EPC) basis. With a core focus on Africa, MDM Engineering is setting the benchmark standard for best practice in the mining services industry through its commitment to providing the highest quality services and actively engaging with clients to ensure maximum transparency.
www.mdm-engineering.com
MMG:
MMG Limited is a global resources company which explores, develops and mines base metal deposits around the world.
MMG are headquartered in Melbourne, Australia and listed on the Hong Kong Stock Exchange under Stock Code: 1208.
MMG own and operate the Century, Golden Grove and Rosebery mines in Australia, and the Kinsevere mine in the Democratic Republic of the Congo.
The company, along with its joint venture partners, is also developing the Las Bambas copper in Peru.
www.mmg.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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