CPC Engineering seals deals for major gold projects

CPC Engineering will enter 2025 with two new contracts in the surging gold sector totalling $24m, after sealing deals with AngloGold Ashanti and Capricorn Metals (ASX: CMM).

The contracts continue CPC’s momentum, coming after a $2.87m Federal Government grant to work with Edith Cowan University on a potentially transformational process to produce low-cost, low-carbon, high purity alumina, and a separate contract with AngloGold Ashanti for a gold recovery project.

In the latest deals, AngloGold Ashanti Australia has appointed CPC on an engineering, procurement and construction (EPC) contract to provide engineering and design services for a new pre-oxidation and leaching circuit of flotation concentrate, to improve gold recovery at the Sunrise Dam gold mine in WA.

CPC had previously completed the engineering for the project feasibility study.

CPC chief executive Glen Weir said the contract was an ideal opportunity to provide support for a value-enhancing project with AGA Australia.

The contract means CPC will continue to invest in growing its workforce, providing high-level professional services to the mining industry, with strict adherence to market-leading sustainability initiatives, as well as quality assurance and control.

Capricorn Metals has appointed CPC on a fixed-price contract to design a new processing plant capable of handling about 5mt of ore annually for its Mount Gibson mine.

The proposed plant design comprises a crusher, ball milling with a gravity gold system into a traditional carbon-in-leach circuit. Once operational, the mine is expected to have a lifecycle of at least 17 years.

CPC’s 100-strong projects division will deliver the project from its West Perth headquarters.

Mr Weir says the project represents a continuation of CPC’s strong reputation for vertically integrated engineering services.

“In partnering with Capricorn Metals, CPC Engineering continues our proud, 54-year tradition of providing innovative and cost-effective engineering services to the market,” he said.

“We look forward to going beyond expectations at Mount Gibson, ensuring all works reflect market, stakeholder and community expectations.”