TSXV:TGS.H - Post by User
Post by
DonkeyOateyon Jan 18, 2013 10:30am
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Post# 20856132
TGS keeps on Advancing NR
TGS keeps on Advancing NR
Tiger Resources Awards Contract For Construction and Commissioning of SXEW
Tiger Resources Limited (TGS.TO) announced that it has executed a lump-sum turn-key contract ( LSTK ) with SENET Pty Ltd (SENET) for the construction of the solvent-extract and electro-winning (SXEW) plant at the Kipoi Copper Project in the Democratic Republic of Congo ( DRC ).
The contract, signed by Tiger's 60%-owned subsidiary and operator of Kipoi, Societe d'Exploitation de Kipoi s.p.r.l. (SEK), is for the first phase of Stage 2, a 25,000tpa SXEW plant, and fits within the definitive feasibility study ( DFS ) capital cost of $160.9 million.
Donkey