Press releases

MDM project pipeline shift

MDM awarded Amari Resources' Kongoni BFS    


27 February 2012

MDM Engineering Group Limited (“MDM” or the “Company”) (AIM: MDM) the minerals process and project management company focused on the mining industry, is pleased to announce that it has been awarded the Bankable Feasibility Study (“BFS”) for Amari Manganese (PTY) Limited’s Kongoni project, located within the Kalahari manganese field. MDM will be responsible for the processing plant and surface engineering components of the study as well as being responsible for the overall study.

In July 2010 MDM completed a pre-feasibility study for the Kongoni Manganese project which has resulted in the successful award of the BFS to MDM

This study will establish the capital and operating costs for the mining crushing and screening as well as the associated infrastructure. MDM will confirm that the current plant design is suitable for the treatment of the defined ore body to be mined by Amari.

Martin Smith, MDM CEO said:
“We are delighted to have been awarded the bankable feasibility study for the Kongoni manganese project and we look forward to continuing a strong working relationship with Amari.  This comes on the back of the E(P)CM contract awarded to MDM in November 2010 for the Kalagadi Manganese project currently under construction near Amari’s Kongoni project.”

Enquiries:

MDM Engineering Group Limited

Martin Smith (CEO)
George Bennett (Executive Director)
Dominique de la Roche (Finance Director)
Tel: +27 (0) 11 993 4300

Collins Stewart Europe Limited

John Prior
Sebastian Jones
Tel: +44 (0)20 7523 8350

Tavistock Communications

Paul Youens
Emily Fenton
Tel: +44 (0)20 7920 3150

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 23 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 an 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.

Amari:
AMARI is an African focused mineral exploration and development company which invests its own capital into early stage high potential opportunities across the mining sector.

www.amariresources.com

 

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