Australia's GNR Engineering up on $100 mln contract with Evolution Mining

GR Engineering Services

29/09/2023 02:39

** Shares of GR Engineering Services  GNG.AX  rise as much
as 2.4% to A$2.160, set for best day since Sept. 22, if gains
hold
    ** Engineering contractor says it has been awarded an A$155
mln ($99.71 mln) engineering, procurement and construction (EPC)
contract with Evolution Mining Ltd  EVN.AX , for Mungari Future
Growth Project – Process Plant, Western Australia
    ** Contract to expand the existing Mungari process plant's
annual throughput, including required changes to process plant
buildings and associated infrastructure - co
    ** Stock set for fourth consecutive week of gains, if gains
hold 
    ** Stock up 9.1% YTD, as of last close


($1 = 1.5545 Australian dollars)

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))