GR wins more Saracen work

GR Engineering Services has won A$29 million worth of work from Western Australian gold miner Saracen Mineral Holdings.
GR wins more Saracen work GR wins more Saracen work GR wins more Saracen work GR wins more Saracen work GR wins more Saracen work

Saracen's Carosue Dam mill expansion

Staff reporter

Saracen awarded GR a $22 million engineering, procurement and construction contract for the Thunderbox paste plant.

The project includes works at the existing Thunderbox processing facility, as well as works at a new remote paste plant location.

Work will start immediately and is expected to complete in the first half of calendar year 2021.

GR also won a $7 million variation under the Carosue Dam plant expansion project which will see it install a pump at the Karari paste plant to transport paste to the Whirling Dervish underground.

The company originally completed the $18 million paste plant last year.

"GR Engineering has now worked with Saracen on three key projects in the last two years and we look forward to continuing our strong working relationship with one of Australia's leading gold producers," GR managing director Geoff Jones said.

June was a successful month for GR, having secured a $107 million contract with Salt Lake Potash and a $23 million letter of intent from Silver Lake Resources.

GR shares closed 2.8% higher at 72c, valuing the company just under $110 million.

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