Genesis Minerals Hires GR Engineering Services For Engineering, Procurement, Construction Services in Western Australia Project

MT Newswires Live

2 hours ago

Genesis Minerals (ASX:GMD) engaged GR Engineering Services (ASX:GNG) as the preferred contractor for the engineering, procurement, and construction contract for the mill at its Tower Hill gold project in Western Australia, according to a Monday Australian bourse filing.

The scope of work includes the design, procurement, construction, installation, and commissioning of an around 4 million tonnes-per-annum gold processing facility.

The estimated contract value is AU$225 million, and the contract is expected to be finalized in the March quarter, subject to the agreement of final terms and conditions.

Around AU$20 million of critical long-lead items will be ordered imminently, per a separate filing. The total anticipated capital cost is between AU$250 million and AU$280 million.

The shares of Genesis Minerals rose over 1% in recent trading on Monday, while those of GR Engineering fell 2%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2613270716"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2613270716\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2613270716?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-23 09:52","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2613270716","market":"sh","top_or_hot":-1,"title":"Genesis Minerals Hires GR Engineering Services For Engineering, Procurement, Construction Services in Western Australia Project","media":"MT Newswires Live","content":"<html><body><p> Genesis Minerals (ASX:GMD) engaged GR Engineering Services (ASX:GNG) as the preferred contractor for the engineering, procurement, and construction contract for the mill at its Tower Hill gold project in <a href=\"https://laohu8.com/S/WER.AU\">Western Australia</a>, according to a Monday Australian bourse filing.</p><p>The scope of work includes the design, procurement, construction, installation, and commissioning of an around 4 million tonnes-per-annum gold processing facility.</p><p>The estimated contract value is AU$225 million, and the contract is expected to be finalized in the March quarter, subject to the agreement of final terms and conditions.</p><p>Around AU$20 million of critical long-lead items will be ordered imminently, per a separate filing. The total anticipated capital cost is between AU$250 million and AU$280 million.</p><p>The shares of Genesis Minerals rose over 1% in recent trading on Monday, while those of GR Engineering fell 2%.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Genesis Minerals Hires GR Engineering Services For Engineering, Procurement, Construction Services in Western Australia Project</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGenesis Minerals Hires GR Engineering Services For Engineering, Procurement, Construction Services in Western Australia Project\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-02-23 09:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Genesis Minerals (ASX:GMD) engaged GR Engineering Services (ASX:GNG) as the preferred contractor for the engineering, procurement, and construction contract for the mill at its Tower Hill gold project in <a href=\"https://laohu8.com/S/WER.AU\">Western Australia</a>, according to a Monday Australian bourse filing.</p><p>The scope of work includes the design, procurement, construction, installation, and commissioning of an around 4 million tonnes-per-annum gold processing facility.</p><p>The estimated contract value is AU$225 million, and the contract is expected to be finalized in the March quarter, subject to the agreement of final terms and conditions.</p><p>Around AU$20 million of critical long-lead items will be ordered imminently, per a separate filing. The total anticipated capital cost is between AU$250 million and AU$280 million.</p><p>The shares of Genesis Minerals rose over 1% in recent trading on Monday, while those of GR Engineering fell 2%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XKO.AU","symbol_name":"标普/澳交所 300指数","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2613270716","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2613270716","pubTimestamp":1771811576,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Genesis Minerals  engaged GR Engineering Services  as the preferred contractor for the engineering, procurement, and construction contract for the mill at its Tower Hill gold project in Western Australia, according to a Monday Australian bourse filing.The scope of work includes the design, procurement, construction, installation, and commissioning of an around 4 million tonnes-per-annum gold processing facility.The estimated contract value is AU$225 million, and the contract is expected to be finalized in the March quarter, subject to the agreement of final terms and conditions.Around AU$20 million of critical long-lead items will be ordered imminently, per a separate filing. The total anticipated capital cost is between AU$250 million and AU$280 million.The shares of Genesis Minerals rose over 1% in recent trading on Monday, while those of GR Engineering fell 2%.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"XKO.AU":"标普/澳交所 300指数","XJO.AU":"标普/澳交所 200指数","BK7095":"多种金属与采矿","GNG.AU":"GR ENGINEERING SERVICES LTD","BK4109":"特种化学制品","GMD.AU":"Genesis Minerals Ltd","XAO.AU":"标普/澳交所 普通股指数","BK7104":"黄金","MTX":"Minerals Technologies Inc","WRN":"西方铜金","BK4168":"多种金属与采矿"},"translate_title":"Genesis Minerals聘请GR Engineering Services为西澳大利亚项目提供工程、采购和施工服务","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GMD.AU":1,"MTX":1.5,"WRN":1.5,"XAO.AU":1.5,"XJO.AU":1.5,"GNG.AU":1,"XKO.AU":1.5},"content_text":"Genesis Minerals (ASX:GMD) engaged GR Engineering Services (ASX:GNG) as the preferred contractor for the engineering, procurement, and construction contract for the mill at its Tower Hill gold project in Western Australia, according to a Monday Australian bourse filing.The scope of work includes the design, procurement, construction, installation, and commissioning of an around 4 million tonnes-per-annum gold processing facility.The estimated contract value is AU$225 million, and the contract is expected to be finalized in the March quarter, subject to the agreement of final terms and conditions.Around AU$20 million of critical long-lead items will be ordered imminently, per a separate filing. The total anticipated capital cost is between AU$250 million and AU$280 million.The shares of Genesis Minerals rose over 1% in recent trading on Monday, while those of GR Engineering fell 2%.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}