MONTREAL, Oct. 23, 2013 /CNW Telbec/ - SNC-Lavalin (TSX: SNC) has been
awarded a contract by Lac Otelnuk Mining Ltd., a joint venture between
Adriana Resources Inc. and WISCO International Resources Development &
Investment Ltd., to provide feasibility study services for the Lac
Otelnuk iron ore project in the Nunavik region of northeastern Quebec.
The project site is located in the Labrador Trough belt, approximately
170 kilometres north of the town of Schefferville. The feasibility
study will be based on an open pit mine producing 180 to 200 million
tonnes of iron ore per year and a process plant designed to produce 50
million tonnes per year of iron ore concentrate as a final product.
SNC-Lavalin's scope of work includes exploring options for the open pit
mine, crushing and conveying systems, the process plant,
infrastructures for the mine and process plant, tailings storage and
mine reclamation and closure. SNC-Lavalin will also study options for
transporting the iron ore concentrate to port facilities located in the
Sept-Iles region. The study is valued at approximately $13 million in
"SNC-Lavalin has a longstanding presence in the Quebec mining industry
and world-class iron ore expertise," said Dale Clarke, Executive
Vice-President, SNC-Lavalin Group Inc. "We are proud to use that
know-how and experience to support Lac Otelnuk Mining in its goal of
developing one of the most sustainable mining operations under the Le Nord pour Tous (The North for All) development plan."
The study has commenced at SNC-Lavalin's offices in Montreal and is
expected to be completed by September 2014.
SNC-Lavalin is one of the leading engineering and construction groups in
the world, and is a major player in the ownership of infrastructure and
in the provision of operations and maintenance services. Founded in
1911, SNC-Lavalin has offices across Canada and in over 40 other
countries around the world, and is currently active in some 100
For further information:
Leslie Quinton Senior
Vice-President, Global Corporate Communications
SNC-Lavalin Group Inc.
514-393-8000, ext. 57354
Vice-President, Investor Relations
SNC-Lavalin Group Inc. 514-393-8000, ext. 57553