Lycopodium (ASX:LYL) secured a AU$42.9 million engineering and procurement services contract for the development of Endeavour Mining's Assafo-Dibibango gold project in the Ivory Coast, according to a Tuesday filing with the Australian bourse.
The contract entails the delivery of services for a 5 million tonnes per annum carbon-in-leach processing plant and associated non-process infrastructure, per the filing.
While engineering and procurement activities have started, the project remains subject to Endeavour making a final investment decision, which is expected before the end of the year, the filing added.