Press releases

MDM project pipeline shift

MDM awarded Gold Fields Tarkwa Study

19 July 2010

Gold Fields Ghana has asked MDM Engineering Group Limited (“MDM”) to complete conceptual studies for the reclamation and reprocessing of the South Heap Leach Pads as well as the optimisation of the CIL crushing plant at its Tarkwa mine.  

Gold Fields Ghana requested an evaluation of the reclamation and retreatment of the South Heap Leach Pads at Tarkwa. Concurrently the miner needed to optimise the crushing plant for Tarkwa’s CIL and NHL operations.

MDM will undertake a conceptual study to examine existing test work, plant operations and plant equipment and subsequently develop flow sheets to achieve the set objectives.

George Bennett, MDM Executive Director commented:
“We are looking forward to this project, particularly as we undertook and completed the pre-feasibility study for Tarkwa’s first CIL plant in 2000. The extensive site experience of our senior management at the time is still with MDM and will be beneficial for the current conceptual study.”

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 22 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

Martin Smith (CEO)
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

 

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