EQN equinox resources limited.

handover in late october

  1. 9,509 Posts.
    lightbulb Created with Sketch. 663
    1
    21 July 2008
    ASX/MEDIA RELEASE
    Ausenco update on Lumwana Copper Project
    Global diversified engineering services group, Ausenco Limited (ASX:AAX) reported that it has
    procured all replacement equipment for the Lumwana Copper Project damaged by fire on 7 July
    2008.
    The fire, in which no one was injured, damaged the main 20MVA transformer and adjacent 11kV
    station. This equipment forms part of the process plant facility currently being commissioned by
    Ausenco and its joint venture partner Bateman Engineering Limited for Equinox Minerals Limited.
    Ausenco Chief Executive Office Zimi Meka said “The investigation by independent experts was
    now essentially complete and remediation of the damaged area has commenced. We have had
    some tremendous support from all our people, suppliers and clients who all have assisted us in
    procuring the replacement equipment as well as progressing though the rescheduled planning
    and commissioning timetable.”
    “Commissioning work is continuing in other areas of the plant, with reticulated power from the
    Zambian utility, ZESCO remaining unaffected and available.”
    “Based on the current times for the replacement transformer, cabling and switchboards we expect
    the project to be ready for hand over in late October 2008.” Mr Meka said.
    “Our focus is on implementing the remediation program to complete the plant commissioning to
    get it operating for our client as soon as possible,” he said. “We are working closely with the
    Lumwana project team and Equinox Minerals Limited to achieve this.”
    ENDS
    Further information contact:
    Zimi Meka
    Chief Executive Officer
    Ausenco Limited
    Ph: (07) 3112 8200
    Craig Allen
    Chief Financial Officer
    Ausenco Limited
    Ph: (07) 3112 8200
    About Ausenco Limited
    The Ausenco group (ASX: AAX), one of the top 200 companies listed on the Australian Securities
    Exchange (ASX), provides world leading engineering, project management and operations
    solutions to the global resources industries. The group combines the expertise, experience and
    resource capabilities of five significant global engineering and project management services
    businesses in Ascentis, Ausenco Minerals, Pipeline Systems Incorporated, Sandwell and Vector
    Engineering.
    With a presence in key markets and to best service client needs, the group operates globally with
    more than 2,700 people in more than 30 offices across 13 countries. Along with its values,
    diversity, strategic strength and financial management, Ausenco’s people are the foundation of its
    success.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
8.5¢
Change
0.000(0.00%)
Mkt cap ! $13.21M
Open High Low Value Volume
8.6¢ 8.6¢ 8.5¢ $4.25K 50K

Buyers (Bids)

No. Vol. Price($)
1 12869 8.5¢
 

Sellers (Offers)

Price($) Vol. No.
8.8¢ 13907 1
View Market Depth
Last trade - 15.19pm 12/09/2025 (20 minute delay) ?
EQN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.