Eastern Goldfieds Limited
(ASX:EGS) has announced it has awarded a contract to GR Engineering for the planned refurbishment of its Davyhurst Gold Processing Plant.
The contract is estimated at just over $12.5 million and was awarded following the completion of a study by GR for the company.
Eastern Goldfields has indicated it will manage some of the refurbishment itself, including concrete repairs and the repainting of structural steel.
The project will commence immediately and is scheduled for completion in Q1 of 2017.
Eastern Goldfields Limited reported a net loss of $4.8 million at 31 December 2015.
