GR Engineering scores $30M contract

Company News

Perth based GR Engineering Services Limited (ASX:GNG) has secured a $30.3 million contract with gold explorer Doray Minerals Limited (ASX:DRM) to design and construct the Andy Well gold project in Western Australia.

The engineering, consulting and contracting company worked with Doray on the bankable feasibility study for the project and says work is already underway.

Gold production at Andy Well is expected to commence in mid this year.
In the 2012 financial year, GR Engineering Services reported a net profit of $13.1 million.