Bellevue Gold has awarded the Engineering, Procurement, and Construction (EPC) contract for the 1Mtpa processing plant awarded to GR Engineering Services (GRES).
Bellevue Managing Director Steve Parsons said the $87.8 million EPC contract was the last of the large capital expenditure items on the pathway to production.
“The appointment of GRES to build our processing plant means we have yet another tier-one contractor helping ensure we meet all our operating and financial targets,” Mr Parsons said.
“GRES knows the Bellevue project well, having been involved in the early studies. And they are extremely experienced in designing and building gold plants in WA.
“Their readiness to accept Bellevue shares as part-payment is a strong vote of confidence in our project and the outlook for our Company.”
According to Bellevue’s statement, the processing plant has been designed so that throughput can be expanded to 1.2Mtpa “at no additional expense”.