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Lycopodium Limited ( (AU:LYL) ) has shared an update.
Lycopodium Limited has been awarded a significant EPCM contract for the Twin Hills Gold Project in Namibia, valued at approximately A$40 million. This project, which is set to commence immediately with first gold production anticipated in Q1 2027, involves the development of a 5 Mtpa Carbon-in-Leach processing plant. The contract further solidifies Lycopodium’s presence in the region, leveraging their extensive expertise in gold mine development, and is expected to support future earnings.
More about Lycopodium Limited
Lycopodium Limited is a global leader in providing integrated engineering, construction, and asset management solutions. The company operates across various sectors, including Resources, Rail Infrastructure, and Industrial Processes, offering expertise in delivering complex projects and feasibility studies. With a diverse team of industry experts, Lycopodium delivers bespoke solutions worldwide, with offices in multiple countries including Australia, Canada, USA, and several others.
Average Trading Volume: 40,681
Technical Sentiment Signal: Buy
Current Market Cap: A$433.2M
Find detailed analytics on LYL stock on TipRanks’ Stock Analysis page.