Press releases

MDM awarded Camec Pre-Feasibility Study

MDM awarded CAMEC Pre-Feasibility Study

13 August 2009

MDM Engineering Group Ltd. (AIM: MDM), is pleased to announce that it has been awarded the contract for the Pre-Feasibility Study (PFS) for Central African Mining & Exploration Company (CAMEC) Licence 871L Project in Mozambique.

CAMEC is an AIM listed mineral exploration company with a portfolio of coal exploration licences in Southern Africa.
 
An initial assessment of the licence area has revealed that the project Licence 871L has 'world class' potential. CAMEC has initiated the PFS with a view to fast-tracking development of the project into production.

The scope of work for the PFS will see MDM providing the process plant and infrastructure design as well as the related capital and operating cost estimates. 
The MDM Engineering team has a 20 year track record of undertaking scoping and feasibility studies, including designing and constructing some 52 metallurgical plants throughout Africa.

George Bennett, MDM Engineering Executive Director commented:
"MDM’s team has extensive experience in designing, building and commissioning the type of coal plants required by CAMEC.  We look forward to working with CAMEC on fast-tracking this coal project."

Key Information:

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.

In May 2008, the Company successfully listed on the AIM market of the London Stock Exchange. The MDM Engineering core technical team has a 20 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, Construction Management ("EPCM" or ";cost-plus") 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.

Enquiries:

MDM Engineering Group Limited

Grant Lowman (Chief Executive)
Tel: +27 (0) 11 993 4300

George Bennett (Executive Director)
Tel: +27 (0) 11 993 4300

Dominique de la Roche (Finance Director)
Tel: +27 (0) 11 993 4300

Numis Securities Limited

John Harrison (Nominated Adviser)
Tel: +44 (0) 207 260 1000

James Black (Corporate Broker)
Tel: +44 (0) 207 260 1000

Pelham PR

Candice Sgroi
Tel: +44 (0) 207 7337 1533

James MacFarlane
Tel : +44 (0) 20 7337 1527

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