Appointment of Contractors
February 19 2009 - 2:00AM
UK Regulatory
TIDMAGU
RNS Number : 5553N
Angus & Ross PLC
19 February 2009
ANGUS & ROSS PLC
("A&R" or "the Company")
AIM: AGU.L
Appointment of main contractors for Black Angel Mine mineral processing plant
A&R announces the following project development progress of its Black Angel Mine
in Greenland.
US specialist Wardrop Engineering, a Tetra Tech Company ("Wardrop"), and
Canadian based SGS Minerals Services UK Limited ("SGS"), have been selected as
the main nominated contractors for the development of the Black Angel Mine
mineral processing and waste handling plant.
Both Wardrop and SGS have been working in close consultation with the Company to
develop detailed budgeted proposals for the Engineering, Procurement and
Construction Management services ("EPCM") to construct and commission the plant
to be installed inside the Black Angel Mine in Greenland.
With a UK office based in Swindon, Wardrop's proposal follows on from their
study, which was used to determine the basic engineering design and cost of the
proposed plant. This will consist of a primary and secondary crushing circuit,
pre-concentration by optical ore sorting, with milling and fine grinding feeding
a conventional froth flotation plant. Premium grade Zinc (59-61% Zn) and Lead
concentrates (69-71% Pb) will be produced. These will be shipped to the
logistics hub at Maarmorilik for bonded product storage as part of the recently
announced off-take agreement with Swiss metal trader MRI Trading AG.
SGS, with a laboratory based at Wheal Jane, Cornwall, has submitted a detailed
proposal for the necessary metallurgical test work to support the design work to
be undertaken by Wardrop. This work will be undertaken in conjunction with
optical sorting specialists, CommoDaS GmbH of Hamburg, and follows on from the
extensive feasibility level metallurgical studies already undertaken.
Tim Daffern, the Company's Mining and Exploration Director commented:
"Wardrop and SGS are world class minerals service providers and we have
developed a close working relationship with their UK based teams.
The work done to date by these two companies will help Angus & Ross plc to take
advantage of the anticipated rise in Zinc prices as it will minimize the time
between construction and production."
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| Enquiries: | |
| Angus & | 07931 709 053 |
| Ross plc | |
| Nicholas | 0207 936 5200 |
| Hall, | |
| Chief | 0207 426 9000 |
| Executive | |
| | |
| Fox-Davies | |
| Capital | |
| Daniel | |
| Fox-Davies | |
| | |
| Teathers | |
| Jeff | |
| Keating | |
| Sebastian | |
| Jones | |
| | |
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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