AMEC awarded next phase of Ban Houayxai gold and silver project in Laos

14/04/2010


Brisbane, Australia (15 April 2010) AMEC, the international engineering and project management company, announced today that it has been awarded the detailed engineering and procurement services contract for PanAust Limited's BanHouayxai gold and silver project in Laos.

The contract value has not been announced.

The services for the 4 million tonnes-per-year project will be delivered by AMEC Minproc, a leading mineral resources engineering and project delivery business, recently acquired by AMEC. The award follows the successful completion of the definitive feasibility study by AMECMinproc's Brisbane office in February 2010, and the recent PanAust board approval for full development of the Ban Houayxai mineral resource.

AMEC Minproc President, Malcolm Brown, said that AMEC is pleased to be moving to the next phase of the Ban Houayxai project.

"This award is recognition of a strong performance during the study phases, as well as our extensive experience in the delivery of gold projects over the last 30 years," Mr Brown said. "I am delighted that our international capability, and process engineering expertise, are delivering this important project for our customer."

The plant design is for a semi-autogenous grinding/ball milling circuit with carbon-in-leach process. AMECMinproc has been working closely with PanAust's Phu Bia Mining subsidiary over the last few months, concentrating on process engineering design and long- lead equipment specifications production, to enable early tender of the long-lead equipment.

The Ban Houayxai project is targeting commissioning completion by December 2011, with steady state gold production expected in March of 2012.

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