Lycopodium Limited (AU:LYL) has released an update.
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Lycopodium Limited has secured Engineering and Procurement (EP) and Construction Management (CM) contracts for the Koné Gold Project in Côte d’Ivoire, a significant development in West Africa’s gold mining sector. This fully funded project, valued at A$56.7 million for Lycopodium’s scope, aims to produce 300,000 ounces of gold annually in its initial years, with production expected to start in early 2027. The project showcases Lycopodium’s expertise in delivering large-scale gold projects.
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