21 May, 2002
Project facts:
- EPCM contract awarded April 2002
- Project value US$40.7 million
- 1.25 Mtpa gold processing facility
- 125,000 ounces per annum produced at approximately US$150 per ounce
- Scheduled for completion December 2002
On 14 April 2002, Oxiana Resources awarded Ausenco Limited the EPCM contract for the Sepon Gold Project. Owned 80% by Oxiana Resources and 20% by Rio Tinto, the 1.25 Mtpa gold processing facility is located in the Savannakhet Province of the Lao People's Democratic Republic.
The Sepon Gold Project is Ausenco's first project in Laos and the company's 30th international assignment. The Project will be managed from Ausenco's office in Perth.
This contract follows hot on the heels of the successful completion of Kingsgate Consolidated's Chatree Gold Project in Thailand (December 2001), and will strengthen Ausenco's existing knowledge of working in the South-East Asian region and internationally.
Project scope includes the construction of all processing facilities, infrastructure buildings, an independent power provider and diesel fired power station, river water pumping system, expansion of accommodation, and 42 km of access road to the site including a major bridge crossing and several causeways.
The logistics path for equipment onto site involves worldwide shipments to the Port of Laem Chabang, Thailand, and then road freight north through Thailand via Savannakhet to site.
Ausenco continues to remain active in off-shore Projects, currently working on the US$30 million North Mara Gold Project in Tanzania and the US$6 million Lihir Pebble Crusher Project in Papua New Guinea.
Ausenco Limited, a Brisbane and Perth-based company, provides multidisciplined engineering, procurement, project and construction management services for the mining and minerals processing industry. Projects undertaken to date include a broad range of mineral processing areas, both nationally and internationally.
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Craig Allen, Chief Financial Officer on 61 7 3112 8200
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Ausenco Limited, provides multi-disciplined engineering, procurement, project and construction management services to the mining, minerals and metal processing industry. The company participates in all phases of a project’s progression, from project scoping studies, process option/technical review assessments, feasibility studies utilised for project financing, through to project design, construction and commissioning. Ausenco’s group of companies also services companies through their operation and maintenance division, supplying key asset management and operational support. These services are applied to projects in a broad range of processing areas, both nationally and internationally.
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