VANCOUVER, June 20 /CNW/ - AMEC plc, the international engineering and
project management company, has been awarded $150 million engineering,
procurement and construction management contract by Baffinland Iron Mines
Corporation for the $4.1 billion Mary River Iron Ore project on Baffin Island,
AMEC's work, which begins immediately, entails basic and detailed
engineering services, logistics planning, procurement support and construction
management services for both the mine facility and export infrastructure.
The contract is scheduled to run until 2014, when the Mary River mine
will start production. The mine contains some of the highest grade iron ore in
the world and will produce around 18 million tonnes per year, with an initial
operating life of 20 years.
"The appointment of AMEC as our engineering, procurement and construction
management firm marks a significant milestone in advancing the Mary River
project into commercial operations," said Rod Cooper, Chief Operating Officer
for Baffinland. "AMEC brings significant expertise in large-scale Arctic
mining projects, and we look forward to working with them in the development
of this world-class asset."
Neil Bruce, Chief Operating Officer of AMEC's Natural Resources division,
added, "We are thrilled with the award of the Mary River project, which
demonstrates AMEC's core expertise of delivering in challenging environments
and provides an exciting opportunity for us to work with Baffinland in the
delivery of this world-class project."
Notes to Editors:
AMEC plc is a focused supplier of high-value consultancy, engineering and
project management services to the world's energy, power and process
industries. With annual revenues of over $4.6 billion, AMEC designs, delivers
and maintains strategic and complex assets for its customers. AMEC's Natural
Resources, Power and Process and Earth and Environmental businesses employ
approximately 22,000 people in more than 30 countries globally. AMEC shares
are traded on the London Stock Exchange where the company is listed in the Oil
and Gas sector (LSE: AMEC.L).
AMEC serves many of the world leaders in the mining industry. Its mining
offices across Canada include Vancouver, Trail, Calgary, Saskatoon and
Toronto. AMEC also maintains offices with a strong mining focus in the US;
Peru; Chile and the UK. AMEC is also recognized by the mining industry and the
international finance community in the areas of ore reserves, mine planning,
process design and feasibility studies. The company has provided services to
virtually all of the world's major mine developers and operators, as well as
mid-sized mining companies, "juniors" and lending institutions.
For further information:
For further information: Contacts: John Kageorge, AMEC, (604) 617-4745,
firstname.lastname@example.org; Lauren Gallagher, AMEC, (602) 757-3211,