Ausenco secures Sabodala Gold Project

Global mining and mineral engineering services provider, Ausenco Limited has....

  Global mining and mineral engineering services provider, Ausenco Limited has executed an EPCM contract for the Sabodala Gold Project, located 650km from Dakar in Senegal.Mineral Deposits Limited (MDL) awarded the Sabodala EPCM reimbursable contract, with fee, to Ausenco, which had earlier completed a period of preliminary design work with MDL. The estimated cost of the Sabodala Gold Project is US$145m. Ausenco Managing Director, Zimi Meka said this was an example of the company’s core strength in engineering and constructing world-class mineral processing projects. “Being our first contract in West Africa, the award of the project builds upon our experience in other parts of sub-Saharan Africa, delivering similar mineral processing plants. “We are very pleased to be teaming up to work with Mineral Deposits Limited on the first gold ore processing facility based in Senegal,” Mr Meka said.It is expected that gold processing at the Sabodala project will commence in September 2008, treating two million tonnes of hard ore per annum over the 10-year planned production life. With exploration on the licence continuing, the current Sabodala mineable reserve is one million ounces of gold. The award of the Sabodala Gold Project further extends Ausenco’s order book to US$2.8b, positioning the company for growth well beyond 2008.