Business
Plant Refurbishment Update
Plant Refurbishment Update.
About this update from Ecr Minerals Plc
[{"type":"text","content":"\n Mercator Gold PLC\n14 September 2006\n\n MERCATOR GOLD PLC\n ('Mercator Gold' or the 'Company')\n\n\n\n\n\nLondon 14 September 2006 - Mercator Gold PLC (AIM:MCR)\n\n\n\n Refurbishment Contract Awarded\n\n\n\n On Schedule And Under Budget\n\n\n\n\n\nMercator Gold is pleased to announce that on 11 July 2006 the Company awarded\nMurchison Repairs and Maintenance ('MRM'), a highly experienced and respected\nEngineering group, a contract for £1.2 million to refurbish the Yaloginda Carbon\nin Pulp Gold Processing Plant. While the plant is in very good condition,\nrefurbishment is essential to ensure all mechanical and electrical components\nare in full working order so that we achieve a smooth return to full operations\nat the plant.\n\n\n\nProgress to date is on schedule and under Budget with completion expected early\nin January 2007.\n\n\n\n\n\nManaging Director, Patrick Harford, said:\n\n\n\n'We are very happy with progress to date on the refurbishment; concerns within\nthe industry about capital works, both as to cost and timing, have been allayed\nand this refurbishment will allow production to recommence when the board is\nsatisfied as to its sustainability.\n\n\n\nSubject to metallurgical test work it may be necessary to further upgrade the\nplant in 2007 should we seek to process ore from additional areas of the\ntenement holdings and this will be determined as a result of on-going assessment\nas and when development is required.'\n\n\n\n\nFor further information please contact:\n\n\n\nMercator Gold plc\nPatrick Harford, Managing Director Tel: +44 (0) 20 7929 1010\n\n\n\nEmail: [email protected]\nWebsite: www.mercatorgold.com\n\n\n\nParkgreen Communications\nJustine Howarth / Ana Ribeiro Tel: +44 (0) 20 7493 3713\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange \n ","length":2058,"tagName":"div"}]