Electrometals Technologies wins $4m Mexican order 11:37, Thursday, 13 July 2006
Sydney - Thursday - July 13: (RWE Aust Business News) - Electrometals Technologies Ltd (ASX:EMM) has confirmed an order for the supply of an EMEW electrowinning plant to recover silver and gold at the Palmarejo mine in Chihuahua State, northern Mexico. The total contract price of $4.047 million is a slight increase on the figure previously advised in an announcement to the ASX on January 31. It is anticipated this contract will be substantially complete at December 31 and will be finalised and delivered ex works in either late January or early February. The owner of the Palmarejo project is Planet Gold SA de CV, a Mexican company wholly owned by Palmarejo Silver and Gold Corporation, a Canadian TSV venture exchange listed corporation, which is a 74 per cent-owned subsidiary of Bolnisi Gold NL (ASX:BSG)
EMM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held