PERTH (miningweekly.com) – Project management company Ausenco has signed an engineering, procurement and construction contract worth some A$91-million with TSX-listed Atlantic Gold over its Moose River consolidated gold project, in Canada.
Ausenco was expected to deliver a two-million-tonne-a-year gold processing plant and various related infrastructure to the Moose River project by the fourth quarter of 2017.
Atlantic Gold was currently finalising its project financing, including raising new equity and debt funding facilities for the project.
The Moose River project was expected to deliver some 714 000 oz of gold over its nine-year mine life.