AMEC secures EPC contract from Balkan Minerals and Mining

23 August 2012 (Last Updated August 23rd, 2012 18:30)

Global engineering and project management company AMEC has secured an engineering and procurement contract from Balkan Minerals and Mining for the Krumovgrad Gold Project in Bulgaria.

Global engineering and project management company AMEC has secured an engineering and procurement contract from Balkan Minerals and Mining for the Krumovgrad Gold Project in Bulgaria.

The Krumovgrad mine, located in the Kardjali District, is projected to generate gold and silver concentrate over a nine-year life to produce nearly 74,000oz of gold per annum.

As part of the contract, AMEC will provide engineering services at the process plant, as well as other associated services, to be implemented from the company's Perth and Sofia office locations.

Services encompass all design documentation in compliance with Bulgarian and European Union regulations, along with procurement, expediting and inspection.

AMEC Asia Pacific Mining & Metals business president Malcolm Brown said, "This award is the latest in an unbeatable line of more than 220 gold feasibility studies and 125 gold projects delivered worldwide."

Balkan Minerals and Mining expects to establish an open pit mine for ore extraction and treatment, along with an integrated high density tailings system and mine waste facility.

The company has been undertaking exploration activities for the past 12 years in Krumovgrad, which is about 15km north of the Greek border.

Balkan Minerals and Mining is a subsidiary of Dundee Precious Metals, which had previously employed AMEC's services in Perth for the Chelopech Gold-Copper Expansion Project in Bulgaria.