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Lycopodium Secures AU$196 Million EPCM Contract for Ivory Coast Project

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Lycopodium (ASX:LYL) secured a AU$196 million engineering, procurement, and construction management (EPCM) contract from Resolute Mining (ASX:RSG) for the Doropo gold project in the Ivory Coast, according to a Tuesday filing with the Australian bourse.

The scope includes engineering, procurement, equipment supply, and construction management for a 4.9 million tonnes per annum carbon-in-leach processing plant and its associated infrastructure, including power, water, and tailings systems, per the filing.

The project delivery began following a limited notice of award in April, and it is designed to process ore from multiple open pits over an estimated 13-year mine life, the filing added.

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