Saunders International (ASX:SND) has secured a $19.8 million contract to construct 11 tanks at a gold processing facility in the Northern Territory for PARC Engineering.
Construction will begin imminently, building on Saunders reach in the mining sector.
CEO Angelo De Angelis says the company intends to support PARC Engineering through the construction stages at the Northern Territory project.
“The resources industry has been a strong source of growth for Saunders and our team has demonstrated how readily our core capabilities are transferred across our key markets of defence and government, energy, water and resources and industrials,” De Angelis says.
Concurrently, Saunders is working with Northern Star Resources (ASX:NST) and engineering consultant Primero for construction works at the Kalgoorlie Consolidated Gold Mine Operations (KCGM), over in Western Australia.
As reported by Mining.com.au, the New South Wales-headquartered company will reconstruct and upgrade six of the carbon-in-leach tanks at the KCGM.
Saunders, which has a market capitalisation of $107.43 million, described the contract as a reflection of the company’s “ongoing success in diversifying its portfolio and delivering infrastructure across multiple industries,” strengthening the company’s position in the resources sector.
Saunders International is an Australian engineering, construction, and industrial asset services company with a focus on delivering complex projects across the defence and government, energy, water and resources and industrial sectors.
Write to Maddison Elliott at Mining.com.au
Images: Saunders International
