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As of 11:19 AM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

mdm engineering group ltd (AHT) Snapshot

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09/19/14 - €2.09
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mdm engineering group ltd (AHT) Details

MDM Engineering Group Limited, together with its subsidiaries, operates as a metallurgical engineering company for junior and mid-tier mining corporations worldwide. The company offers minerals process engineering and project management, and preliminary and final feasibility studies services, as well as plant design, construction, and commissioning services. Its services also include metallurgical process development, engineering and design, detailed engineering, project management, construction management, commissioning, and contracting. The company provides services in the areas of materials handling, leaching, crushing/grinding, bio-oxidation, dewatering, heavy media separation, smelting and roasting, gravity concentration, carbon-in-leach, carbon-in-pulp, flotation, elution, SX-EW, and environmental controls. It offers services for various commodities, including precious metals, base metals, industrial minerals, gemstones, and rare earth elements, as well as ferrous and non-ferrous metals, uranium, and diamonds. The company was founded in 2006 and is based in Monaco Cedex, Monaco.

248 Employees
Last Reported Date: 09/8/14
Founded in 2006

mdm engineering group ltd (AHT) Top Compensated Officers

Chief Executive Officer and Executive Directo...
Total Annual Compensation: $454.3K
Finance Director and Executive Director
Total Annual Compensation: $383.9K
Executive Director
Total Annual Compensation: $421.0K
Compensation as of Fiscal Year 2014.

mdm engineering group ltd (AHT) Key Developments

MDM Engineering Group Ltd. Receives Contract with MMG's Kinsevere Copper Mine

MDM Engineering Group Limited advised that it has been awarded a contract with MMG Limited's Kinsevere copper, located in the Katanga Province of the Democratic of Congo. MDM will provide specific design and detailed engineering support on a number of MMG-identified projects. The projects include process optimisation and asset utilisation improvements being carried out as part of MMG's broader operational excellence program at Kinsevere.

MDM Engineering Group Ltd. Announces Audited Consolidated Financial Results for the Year Ended March 31, 2014

MDM Engineering Group Ltd. announced audited consolidated financial results for the year ended March 31, 2014. For the year, revenue was $108,705,542 against $137,198,843 for the last year. Operating profit was $11,508,616 against $19,902,776 for the last year. Profit before taxation was $12,207,024 against $20,390,551 for the last year. Profit for the year attributable to equity holders of the parent was $10,359,641 against $14,150,942 for the last year. Diluted earnings per share were 27.13 cents against 36.99 cents for the last year. Cash used in operations was $488,562 against cash generated by operations of $9,151,026 for the last year. Acquisition of property, plant and equipment was $76,703 against $510,112 for the last year.

MDM Engineering Group Limited Wins Contract for Pre-Feasibility Study for Sibanye Gold Limited

MDM Engineering Group Limited announced that it has been awarded the Pre-Feasibility Study for Sibanye Gold Limited's Beisa Uranium Processing Plant Project. The project is located at Sibanye's Beatrix Gold Mine which is southwest of the town of Virginia in the Free State Province of South Africa. The Beisa Project incorporates mining of the uraniferous and auriferous Beisa Reef. Locally it forms part of the Beatrix Gold Mine Mining Right and is situated to the west of current Beatrix 4 Shaft workings. The scope of work includes adding a uranium plant processing module to the existing gold plant. The uranium plant will treat 80,000 tons per month ("tpm") of Beisa uranium ore. A total of 120,000 tpm, comprising 40,000 tpm of Kalkoenkrans reef together with the leached uranium solids, will be processed through the existing Beatrix No.2 Gold Plant. Milling of the ore will be done using the existing SAG milling and thickener circuits.


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