Why the Lycopodium (ASX:LYL) share price is on the rise today // The Motley Fool Australia

The Lycopodium Limited (ASX: LYL) share price shot up over 6% earlier today, before pulling back slightly. At the time of writing, Lycopodium shares are trading at $5.05, up 3.48%. 

Let’s take a look at what Lycopodium has been up to and what might be lifting the share price.

The Orezone Gold Corporation Project

Lycopodium is an engineering and project management consultancy company with a focus on the Minerals sector. The company’s target markets extend across the Asia Pacific region, North America and Africa.

Earlier this week, Lycopodium announced that the company had been awarded a contract to provide engineering, procurement and construction management services for Orezone Gold Corporation’s State 1 Oxide Process Plant…