Last 166.00 GBp
Change Today 0.00 / 0.00%
Volume 5.0K
MDM On Other Exchanges
As of 11:30 AM 07/23/14 All times are local (Market data is delayed by at least 15 minutes).

mdm engineering group ltd (MDM) Snapshot

166.00 GBp
Previous Close
166.00 GBp
Day High
166.00 GBp
Day Low
166.00 GBp
52 Week High
06/19/14 - 166.00 GBp
52 Week Low
07/26/13 - 125.57 GBp
Market Cap
Average Volume 10 Days
0.31 GBp
Shares Outstanding
0.17 GBp
Dividend Yield

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mdm engineering group ltd (MDM) Details

MDM Engineering Group Limited, a metallurgical engineering company, provides minerals process engineering and project management services to the mining industry in South Africa. It offers a range of services, including project evaluation, design and construction of plants, and project management. The company's services also include metallurgical process development, engineering and design, detailed engineering, project management, construction management, commissioning, and contracting. It 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, and environmental controls. The company offers services for various commodities, including precious metals, base metals, industrial minerals, gemstones, and rare earth elements. The company was founded in 2006 and is based in Monaco Cedex, Monaco.

281 Employees
Last Reported Date: 07/2/13
Founded in 2006

mdm engineering group ltd (MDM) Top Compensated Officers

Chief Executive Officer and Executive Directo...
Total Annual Compensation: $512.2K
Finance Director and Executive Director
Total Annual Compensation: $417.8K
Executive Director
Total Annual Compensation: $455.2K
Compensation as of Fiscal Year 2013.

mdm engineering group ltd (MDM) Key Developments

MDM Engineering Group Limited Wins Panda Project

MDM Engineering Group Limited announced that it has been awarded the Pre-Feasibility Study (PFS) for Cradle Resources' (Cradle) Panda Hill Project. Cradle has identified a unique opportunity to enter into the specialty metals market through the development of the Panda Hill Project in south west Tanzania. The Project currently holds three valid mining licenses to search for, mine, dig, mill, process, transport, use and or market Niobium. The Project is in the preliminary stages of development with a scoping study having been completed in January 2014. Approval has been given by the Cradle board to proceed to the next level of project development which will consist of a fit-for-purpose PFS with the option to move directly onto a definitive feasibility study if the results from the PFS are positive.

MDM Engineering Group Limited Receives Preliminary Economic Assessment for Namibia Rare Earths Inc.'s

MDM Engineering Group Limited announced that it has been awarded the Preliminary Economic Assessment for Namibia Rare Earths Inc.'s Lofdal Rare Earth Project in Namibia. Lofdal has been developed over a very short period of time since the recognition of the mineral district in 2008, to the discovery of the heavy rare earth enriched zones in 2010. The delineation of a first mineral resource in 2012 followed by the preliminary indication that a xenotime concentrate can be produced from Lofdal and that thorium can be removed marked significant milestones. The potential of Lofdal to host a number of new rare earth deposits, and in particular, deposits with exceptional heavy enrichment, is the essence of the project opportunity with NRE. MDM has been awarded the next phase of work and will complete a 43-101 compliant PEA.

MDM Engineering Group Ltd. Wins Contract for the Execution of Sibanye CIL installation plant

MDM Engineering Group Limited announced that it has been awarded the engineering design, procurement, construction and project management ('EPCM') contract for the execution of Sibanye Gold Limited's ('Sibanye Gold') Driefontein number 2 metallurgical plant ('DP2') gold project. The scope of work for the DP2 project includes the EPCM of an 180,000 tonnes per month true Carbon-In-Leach plant that can be expanded with a duplicate plant to 300,000 tonnes per month in future. The project is scheduled for completion in the last quarter of 2014.


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Valuation MDM Industry Range
Price/Earnings 9.5x
Price/Sales 0.9x
Price/Book 4.5x
Price/Cash Flow 9.2x
TEV/Sales 0.9x

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